10-46B-9. Municipal tax on contractors--Rate--Restitution.Any municipality may impose an excise tax on contractors gross receipts in a similar manner as imposed by this chapter; provided however, that the same shall be adopted in conformity with chapter 10-52 and the rate thereof shall not exceed one-half percent. Municipalities that have a non-ad valorem tax in effect as provided for in chapter 10-52 may not continue the tax imposed by this section on or after April 1, 1980. Source: SL 1979, ch 84, §12K; SL 1980, ch 100, §8; SDCL Supp, §10-46A-11.
South Dakota Legal Code