<html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><title></title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s92673b09-03c5-4aed-b69d-348aa50bfc0aP0 { margin-top: 0; margin-bottom: 0; margin-left: 0; margin-right: 0; text-indent: 0.00in; text-align: justify; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; } span.s92673b09-03c5-4aed-b69d-348aa50bfc0aC0 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s92673b09-03c5-4aed-b69d-348aa50bfc0aC0-000000 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s92673b09-03c5-4aed-b69d-348aa50bfc0aC0-000001 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s92673b09-03c5-4aed-b69d-348aa50bfc0a000002 { color: black; background: white; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s92673b09-03c5-4aed-b69d-348aa50bfc0aC0-000003 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="s92673b09-03c5-4aed-b69d-348aa50bfc0aP0"><span xml:space="preserve" class="s92673b09-03c5-4aed-b69d-348aa50bfc0aC0">    </span><a href="https://sdlegislature.gov/Rules?Rule=67:12:05:66"><span class="s92673b09-03c5-4aed-b69d-348aa50bfc0aC0-000000">67:12:05:66</span></a><span class="s92673b09-03c5-4aed-b69d-348aa50bfc0aC0-000001">.  Exclusion of payments received pursuant to Alaska Native Claims Settlement Act.</span><span xml:space="preserve" class="s92673b09-03c5-4aed-b69d-348aa50bfc0aC0"> Payments under the Alaska Native Claims Settlement Act, 43 U.S.C. § 1601</span><span xml:space="preserve" class="s92673b09-03c5-4aed-b69d-348aa50bfc0aC0"> (August 13, 2018)</span><span xml:space="preserve" class="s92673b09-03c5-4aed-b69d-348aa50bfc0aC0">, which are exempt from taxation under 43 U.S.C. § 1620 </span><span class="s92673b09-03c5-4aed-b69d-348aa50bfc0aC0">(October 14, 1992), are</span><span xml:space="preserve" class="s92673b09-03c5-4aed-b69d-348aa50bfc0aC0"> excluded as income </span><span class="s92673b09-03c5-4aed-b69d-348aa50bfc0aC0">when</span><span xml:space="preserve" class="s92673b09-03c5-4aed-b69d-348aa50bfc0aC0"> determining eligibility for</span><span class="s92673b09-03c5-4aed-b69d-348aa50bfc0aC0">,</span><span xml:space="preserve" class="s92673b09-03c5-4aed-b69d-348aa50bfc0aC0"> or the amount of</span><span class="s92673b09-03c5-4aed-b69d-348aa50bfc0aC0">, the aid to families with dependent children</span><span xml:space="preserve" class="s92673b09-03c5-4aed-b69d-348aa50bfc0aC0"> assistance payment. Income </span><span class="s92673b09-03c5-4aed-b69d-348aa50bfc0aC0">that</span><span xml:space="preserve" class="s92673b09-03c5-4aed-b69d-348aa50bfc0aC0"> is not exempted from taxation under the Alaska Native Claims Settlement Act </span><span class="s92673b09-03c5-4aed-b69d-348aa50bfc0aC0">must</span><span xml:space="preserve" class="s92673b09-03c5-4aed-b69d-348aa50bfc0aC0"> be considered to the same extent as any other income. Payments received by the member as a result of the investment of funds under this Act </span><span class="s92673b09-03c5-4aed-b69d-348aa50bfc0aC0">are</span><span xml:space="preserve" class="s92673b09-03c5-4aed-b69d-348aa50bfc0aC0"> considered income.</span></p><p dir="ltr" class="s92673b09-03c5-4aed-b69d-348aa50bfc0aP0"><span xml:space="preserve" class="s92673b09-03c5-4aed-b69d-348aa50bfc0a000002"> </span></p><p dir="ltr" class="s92673b09-03c5-4aed-b69d-348aa50bfc0aP0"><span xml:space="preserve" class="s92673b09-03c5-4aed-b69d-348aa50bfc0aC0">    </span><span class="s92673b09-03c5-4aed-b69d-348aa50bfc0aC0-000001">Source:</span><span xml:space="preserve" class="s92673b09-03c5-4aed-b69d-348aa50bfc0aC0"> 1 SDR 53, effective January 22, 1975; 7 SDR 66, 7 SDR 89, effective July 1, 1981; 8 SDR 82, effective January 13, 1982</span><span class="s92673b09-03c5-4aed-b69d-348aa50bfc0aC0">; 52 SDR 55, effective December 2, 2025</span><span class="s92673b09-03c5-4aed-b69d-348aa50bfc0aC0">.</span></p><p dir="ltr" class="s92673b09-03c5-4aed-b69d-348aa50bfc0aP0"><span xml:space="preserve" class="s92673b09-03c5-4aed-b69d-348aa50bfc0aC0">    </span><span class="s92673b09-03c5-4aed-b69d-348aa50bfc0aC0-000001">General Authority:</span><span xml:space="preserve" class="s92673b09-03c5-4aed-b69d-348aa50bfc0aC0"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=28-6-1"><span class="s92673b09-03c5-4aed-b69d-348aa50bfc0aC0-000003">28-</span><span class="s92673b09-03c5-4aed-b69d-348aa50bfc0aC0-000003">6-1</span></a><span class="s92673b09-03c5-4aed-b69d-348aa50bfc0aC0">.</span></p><p dir="ltr" class="s92673b09-03c5-4aed-b69d-348aa50bfc0aP0"><span xml:space="preserve" class="s92673b09-03c5-4aed-b69d-348aa50bfc0aC0">    </span><span class="s92673b09-03c5-4aed-b69d-348aa50bfc0aC0-000001">Law Implemented:</span><span xml:space="preserve" class="s92673b09-03c5-4aed-b69d-348aa50bfc0aC0"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=28-6-1"><span class="s92673b09-03c5-4aed-b69d-348aa50bfc0aC0-000003">28-</span><span class="s92673b09-03c5-4aed-b69d-348aa50bfc0aC0-000003">6-1</span></a><span class="s92673b09-03c5-4aed-b69d-348aa50bfc0aC0">.</span></p><p dir="ltr" class="s92673b09-03c5-4aed-b69d-348aa50bfc0aP0"><span xml:space="preserve" class="s92673b09-03c5-4aed-b69d-348aa50bfc0a000002"> </span></p></div></body></html>