S.D. Codified Laws § 10-29-16.2

Current through the 2024 Legislative Session

Section 10-29-16.2 - Period allowed for adjustment after reassessment on gross error

Upon such reassessment and recertification to a municipality, the airline company shall be allowed a period as determined by the Department of Revenue of not to exceed five years to absorb such adjustment, as shall be equitable to the taxpayer and the municipality concerned.

SDCL 10-29-16.2

SL 1970, ch 80, § 2; SL 2003, ch 272 (Ex. Ord. 03-1), § 82; SL 2011, ch 1 (Ex. Ord. 11-1), § 161, eff. Apr. 12, 2011.