BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF SOUTH DAKOTA:
Section 1. That § 34A-13-20 be amended to read as follows:
34A-13-20. A petroleum release compensation and tank inspection fee is imposed upon any petroleum products upon which the fuel excise tax is imposed by § § 10-47B-5 to 10-47B-10, inclusive, and § 10-47B-13. None of the exemptions from fuel excise tax allowed in § 10-47B-19 shall apply to this fee. The parties required to pay the fuel excise tax under the provisions of § § 10-47B-21 to 10-47B-26, inclusive, and § § 10-47B-29 and 10-47B-31 are liable for payment of the petroleum release and tank inspection fee. In cases where the fuel is exempt from the fuel excise tax under the provisions of subdivisions 10-47B-19(1), (3), and (5), the supplier shall pay the fee. Responsibility for payment of the fee ceases if the petroleum product is sold and delivered by a licensed exporter outside of the state. The amount of the fee imposed is twenty dollars per one thousand gallons of petroleum. Beginning on January 1, 2003, the fee is ten dollars per one thousand gallons of petroleum.
Section 2. That § 5-27-4 be amended to read as follows:
5-27-4. During fiscal year 1999, the Bureau of Finance and Management shall transfer each month twenty-four and two-tenths percent of the monthly state capital construction fund revenues from the state capital construction fund to the ethanol fuel fund. Beginning in fiscal year 2000 to December 31, 2002, inclusive, the Bureau of Finance and Management shall transfer each month thirty-three and one-quarter percent of the monthly state capital construction fund revenues from the state capital construction fund to the ethanol fuel fund. Beginning on January 1, 2003, the Bureau of Finance and Management shall transfer each month twenty-five and six-tenths percent of the monthly state capital construction fund revenues from the state capital construction fund to the ethanol fuel fund.
Section 3. That § 5-27-5 be amended to read as follows:
5-27-5. During fiscal year 1999, the Bureau of Finance and Management shall transfer each month three and six-tenths percent of the monthly state capital construction fund revenues from the state capital construction fund to the public and special transportation fund. Beginning in fiscal year 2000 to December 31, 2002, inclusive, the Bureau of Finance and Management shall transfer each month three and one-half percent of the monthly state capital construction fund revenues from the state capital construction fund to the public and special transportation fund. Beginning on January 1, 2003, the Bureau of Finance and Management shall transfer each month two and six-tenths percent of the monthly state capital construction fund revenues from the state capital construction fund to
the public and special transportation fund.
Section
4.
That
§
5-27-6
be amended to read as follows:
5-27-6.
During fiscal year 1999, the Bureau of Finance and Management shall transfer each
month seventy-two and two-tenths percent of the monthly state capital construction fund revenues
from the state capital construction fund to the water and environment fund. Beginning in fiscal year
2000 to December 31, 2002, inclusive, the Bureau of Finance and Management shall transfer each
month sixty-three and one-quarter percent of the monthly state capital construction fund revenues
from the state capital construction fund to the water and environment fund. Beginning on January 1,
2003, the Bureau of Finance and Management shall transfer each month seventy-one and eight-
tenths percent of the monthly state capital construction fund revenues from the state capital
construction fund to the water and environment fund.
An Act to decrease the petroleum release compensation and tank inspection fee and to revise the distribution of revenue from the petroleum release compensation and tank inspection fee and from the capital construction fund.
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I certify that the attached Act originated in the
HOUSE as
Bill
No.
1229
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Chief Clerk
Speaker of the House
Chief Clerk
____________________________
President of the Senate
Secretary of the Senate
File No. ____
Chapter No. ______
Received at this Executive Office this ____ day of _____________ ,
19___ at _____ M.
for the Governor
The attached Act is hereby
approved this ________ day of
______________ , A.D., 19___
Governor
STATE OF SOUTH DAKOTA,
Filed ____________ , 19___
at _________ o'clock __ M.
Secretary of State
By _________________________
Asst. Secretary of State
