2011 South Dakota Code
Title 35 ALCOHOLIC BEVERAGES
Chapter 05. Occupational Tax
§35-5-22 Municipal distribution from alcoholic beverage fund--Deposit in general fund.

35-5-22. Municipal distribution from alcoholic beverage fund--Deposit in general fund. Twenty-five percent of all of the revenues deposited in the alcoholic beverage fund shall revert to the municipalities. The share of each municipality of such fund shall be determined by the ratio the population of such municipality has to the total population of all the municipalities sharing in the receipts from such tax. The Department of Revenue shall make such reversion by remitting not later than November first, February first, May first, and August first, of each year to the finance officer of each such municipality its share of such fund, and the amount so received by such municipality shall be deposited in its general fund.

Source: SDC 1939, § 5.0241 as added by SL 1945, ch 25; SL 1951, ch 8; SL 1957, ch 7; SL 1961, ch 17; SL 1963, ch 18; SL 1971, ch 211, § 93; SL 1981, ch 272, § 4; SL 1987, ch 264, § 4; SL 1987, ch 265; SL 2003, ch 272 (Ex. Ord. 03-1), § 82; SL 2011, ch 1 (Ex. Ord. 11-1), § 161, eff. Apr. 12, 2011.