2017 South Dakota Codified Laws
Title 10 - TAXATION
Chapter 46A - Realty Improvement Contractor's Excise Tax
§ 10-46A-1.1 Effective date--Application to contracts, sales and change orders.
10-46A-1.1. Effective date--Application to contracts, sales and change orders. This chapter is effective on May 1, 1984, and applies to:
(1) All realty improvement contracts bid after April 30, 1984;
(2) All realty improvement contracts under which construction commences after April 30, 1984, if there is no bid;
(3) Receipts from sales of real property pursuant to § 10-46A-5 if the contract to sell the property is executed after April 30, 1984.
Change orders or other amendments, made after April 30, 1984, to realty improvement contracts or purchase contracts entered into prior to May 1, 1984, shall be taxed at the rate and under the provisions of this chapter which were in effect on the date of the original contract.
Source: SL 1984, ch 92, § 2.
