Exemption--Construction work entered into prior to tax

SDCL § 10-52B-12 — under COUNTY OPTION RETAIL SALES AND SERVICE TAX FOR PROPERTY TAX REDUCTION.

SDCL § 10-52B-12

No gross receipts tax imposed or increased pursuant to this chapter may be levied on materials incorporated in construction work related to construction contracts bid or entered into on or before the effective date of the tax imposition or tax increase. Source: SL 2026, ch 55 , § 16.