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2020 South Dakota Codified Laws
Title 6 - Local Government Generally
Chapter 08B - Bonds of Local Public Bodies
Section 6-8B-64 - Ad valorem taxes--Limit.
Universal Citation: SD Codified L § 6-8B-64 (2020)
6-8B-64. Ad valorem taxes--Limit.
Any ad valorem taxes levied pursuant to subdivision 6-8B-60(1) may not exceed the amount of the anticipated deficiency by more than five percent, but may not be subject to any other statutory limitation of rate or amount applicable to other taxes levied or collected by the municipality or county which issues such credit enhancement obligation.
Source: SL 1992, ch 3, ยง13.
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