Changes to Existing Law

The county treasurer shall allocate and transmit the taxes collected from each14 company to the school treasurer of each school district and each nonpublic school located within 100 copies were printed on recycled paper by the South DakotaLegislative Research Council at a cost of $.167 per page.v Insertions into existing statutes are indicated by underscores.Deletions from existing statutes are indicated by overstrikes. - 2 -HB 1227 the boundaries of the school district in which the company operates on the basis of the number1 of kilowatt hours delivered by the company from its operations within each school district2 within the county.3

The secretary of revenue shall compute and determine the amount of tax to be paid5 by each company as provided in § 10-36-6, which shall be remitted by the retail company. The6 secretary shall on or before May fifteenth certify to the county auditor of each county in the state7 in which the company operates the amount of the tax to be paid in the county based on the8 kilowatt hours delivered. The secretary shall further certify to the county auditor the amount to9 which each school district and each nonpublic school located within the boundaries of the school district shall be entitled in each county based on the kilowatt hours delivered. The county11 auditor shall extend such tax on the books and certify the same to the county treasurer.