An Act to revise the tax credit limit for the partners in education tax credit program.

Be it enacted by the Legislature of the State of South Dakota:

Section 1. That § 13-65-3 be AMENDED:

13-65-3. Notwithstanding the provisions of § 13-65-2, the total amount of tax credits claimed on annual premium tax returns pursuant to this chapter may not exceed two three million five hundred thousand dollars in fiscal year 2017 2023 and each year thereafter.