<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.s6bd045bf-3aed-4aa1-92c0-0341feb17d77P0 { 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.s6bd045bf-3aed-4aa1-92c0-0341feb17d77C0 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s6bd045bf-3aed-4aa1-92c0-0341feb17d77C0-000000 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s6bd045bf-3aed-4aa1-92c0-0341feb17d77C0-000001 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s6bd045bf-3aed-4aa1-92c0-0341feb17d77C0-000002 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s6bd045bf-3aed-4aa1-92c0-0341feb17d77000003 { color: black; background: white; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77P0"><span xml:space="preserve" class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77C0">    </span><a href="https://sdlegislature.gov/Rules?Rule=70:05:04:01"><span class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77C0-000000">70:05:04:01</span></a><span class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77C0-000001">.  Deadline for submission of information for railroad tax credit -- Application form -- Information required.</span><span xml:space="preserve" class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77C0"> A railroad seeking certification for railroad tax credits pursuant to SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=10-28-21.2"><span class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77C0-000002">10-28-21.2</span></a><span xml:space="preserve" class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77C0"> shall submit </span><span xml:space="preserve" class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77C0">the following </span><span xml:space="preserve" class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77C0">information to the </span><span class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77C0">department, on a form prescribed by the department,</span><span xml:space="preserve" class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77C0"> no later than June 1 of the year following the year in which the replacement, improvement, and repair of rail lines was completed:</span></p><p dir="ltr" class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77P0"><span xml:space="preserve" class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77000003"> </span></p><p dir="ltr" class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77P0"><span xml:space="preserve" class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77C0">    (1)  The name of the railroad;</span></p><p dir="ltr" class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77P0"><span xml:space="preserve" class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77000003"> </span></p><p dir="ltr" class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77P0"><span xml:space="preserve" class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77C0">    (2)  The total amount of qualifying capital expenditures incurred statewide for replacement, improvement, and repair of rail lines;</span></p><p dir="ltr" class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77P0"><span xml:space="preserve" class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77000003"> </span></p><p dir="ltr" class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77P0"><span xml:space="preserve" class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77C0">    (3)  A list of the counties where the replacement, improvement, and repair of rail lines took place;</span></p><p dir="ltr" class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77P0"><span xml:space="preserve" class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77000003"> </span></p><p dir="ltr" class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77P0"><span xml:space="preserve" class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77C0">    (4)  A description of the kind of work </span><span class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77C0">that</span><span xml:space="preserve" class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77C0"> was performed and an explanation of the purpose and justification for the work performed in each county;</span></p><p dir="ltr" class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77P0"><span xml:space="preserve" class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77000003"> </span></p><p dir="ltr" class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77P0"><span xml:space="preserve" class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77C0">    (5)  The date the work was begun and the date the work was completed in each county;</span></p><p dir="ltr" class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77P0"><span xml:space="preserve" class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77000003"> </span></p><p dir="ltr" class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77P0"><span xml:space="preserve" class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77C0">    (6)  The name of the line segment and the mile post markers corresponding to the starting and ending points of the work</span><span xml:space="preserve" class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77C0"> performed in each county</span><span class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77C0">;</span></p><p dir="ltr" class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77P0"><span xml:space="preserve" class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77000003"> </span></p><p dir="ltr" class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77P0"><span xml:space="preserve" class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77C0">    (7)  The amounts of the labor, material, and total capital expenditures incurred in each county;</span></p><p dir="ltr" class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77P0"><span xml:space="preserve" class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77000003"> </span></p><p dir="ltr" class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77P0"><span xml:space="preserve" class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77C0">    (8)  The amount of expenditures in each county </span><span class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77C0">that</span><span xml:space="preserve" class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77C0"> were funded with state or federal grant funds or paid for by any third party;</span></p><p dir="ltr" class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77P0"><span xml:space="preserve" class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77000003"> </span></p><p dir="ltr" class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77P0"><span xml:space="preserve" class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77C0">    (9)  </span><span class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77C0">A copy of the tax credit certification submitted by the railroad for each county where a tax credit is claimed</span><span class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77C0">; and</span></p><p dir="ltr" class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77P0"><span xml:space="preserve" class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77000003"> </span></p><p dir="ltr" class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77P0"><span xml:space="preserve" class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77C0">    (10)  A statement, signed by a person authorized to act on behalf of the railroad, certifying that all information provided is true and all documents submitted are authentic.</span></p><p dir="ltr" class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77P0"><span xml:space="preserve" class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77000003"> </span></p><p dir="ltr" class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77P0"><span xml:space="preserve" class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77C0">    </span><span class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77C0-000001">Source:</span><span xml:space="preserve" class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77C0"> 31 SDR 89, effective December 28, 2004</span><span class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77C0">; 49 SDR 47, effective November 21, 2022</span><span class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77C0">.</span></p><p dir="ltr" class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77P0"><span xml:space="preserve" class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77C0">    </span><span class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77C0-000001">General Authority:</span><span xml:space="preserve" class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77C0"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=10-28-21.6"><span class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77C0-000002">10-28-21.6</span></a><span class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77C0">.</span></p><p dir="ltr" class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77P0"><span xml:space="preserve" class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77C0">    </span><span class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77C0-000001">Law Implemented:</span><span xml:space="preserve" class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77C0"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=10-28-21.6"><span class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77C0-000002">10-28-21.6</span></a><span class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77C0">.</span></p><p dir="ltr" class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77P0"><span xml:space="preserve" class="s6bd045bf-3aed-4aa1-92c0-0341feb17d77000003"> </span></p></div></body></html>