2011 South Dakota Code
Title 42 RECREATION AND SPORTS
Chapter 07A. State Lottery
§42-7A-65 Portion of video lottery machine income deposited into property tax reduction fund.


SD Codified L § 42-7A-65 (through 2011) What's This?

42-7A-65. Portion of video lottery machine income deposited into property tax reduction fund. Notwithstanding the provisions of § 42-7A-63, after making all statutorily required transfers into the video lottery operating fund, forty-five million nine hundred ten thousand dollars in fiscal year 1996 shall be taken from the state's share of total video lottery net machine income and deposited directly into the property tax reduction fund.

Source: SL 1995, ch 244, § 2; SL 1996, ch 72, § 2A.

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