All taxes,Except as otherwise provided in this section, all taxes, interest, and penalties imposed and collected by the secretary of revenue under this chapter shall must be distributed as follows: (1) For persons severing precious metals that were in business in the state prior to January 1, 1981, all revenues collected shall be deposited in the state treasury and credited to the general fund; (2) For persons permitted on or after January 1, 1981, for the purpose of From persons severing precious metals, eighty percent of the revenues collected shall must be deposited in the state treasury and credited to the general fund, while the remaining twenty percent shall be remitted by the secretary of revenue with the remainder remitted to the treasurer of the county in which the precious metals were severed. When the county has received a total of one three million dollars attributable to any that person subject to the tax, all future revenues attributable to that person shall must be deposited in the state treasury and credited to the general fund. No merger, consolidation or acquisition of a person subject to §§ 10- 39-54 to 10-39-54.4, inclusive, by another such person shall may limit the share of revenue due to the county from the person so acquired. However, anyAny revenues attributed to the severance of precious metals from lands owned or controlled by the State of South Dakota shall state must be deposited in the common school permanent fund. 23