General state aid to school districts reduced by payments from Gaming Commission fund

SDCL § 42-7B-48.2 — under LIMITED CARD GAMES, SLOT MACHINES, CRAPS, ROULETTE, AND KENO.

SDCL § 42-7B-48.2

Payments received by a school district in accordance with subdivision 42-7B-48.1 (3), shall reduce on a dollar for dollar basis any general state aid otherwise payable to the school district. However, no state aid payments received by a school district pursuant to §§ 13-13-82 and 13-13-83 may be included in that reduction. Source: SL 1995, ch 246 , § 2; SL 2008, ch 79 , § 4.