Section 10-6-103 - One mill defined--Substitution

10-6-103. One mill defined--Substitution.The term, one mill, wherever it is used in this code means 'one dollar per thousand dollars of taxable valuation.' The Code Commission in future supplements and revisions of the South Dakota Codified Laws is directed to substitute 'one dollar per thousand dollars of taxable valuation' and derivatives thereof for the term, one mill, and its derivatives. Source: SL 1988, ch 94, §4; SDCL §10-6-1.2; SL 2021, ch 44, §44.