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State of South Dakota
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SEVENTY-SIXTH
SESSION
LEGISLATIVE ASSEMBLY, 2001 |
| 400E0328 |
SENATE BILL
NO.
65
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| Introduced by: The Committee on Taxation at the request of the Department of Revenue |
FOR AN ACT ENTITLED, An Act to
clarify that the estates of certain nonresidents are subject
to the estate tax.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF SOUTH DAKOTA:
Section 1. That § 10-40A-2 be amended to read as follows:
10-40A-2. There is hereby imposed an estate tax upon all estates which are subject to the federal tax. The estate tax shall be upon the transfer of the estate of every decedent who, at the time of
his
death, was a resident of this state or was a nonresident with
tangible personal
property or real
property
taxable under chapter 10-40
in this state
.
450 copies of this document were printed by the South Dakota
Legislative Research Council at a cost of $.021 per page. . Insertions into existing statutes are indicated by underscores.
Deletions from existing statutes are indicated byoverstrikes.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF SOUTH DAKOTA:
Section 1. That § 10-40A-2 be amended to read as follows:
10-40A-2. There is hereby imposed an estate tax upon all estates which are subject to the federal tax. The estate tax shall be upon the transfer of the estate of every decedent who, at the time of
Legislative Research Council at a cost of $.021 per page. . Insertions into existing statutes are indicated by underscores.
Deletions from existing statutes are indicated by
