<html> <head> <title>Rule 68:02:07:07 Conditions of reinvestment payment.</title> <META NAME="Keywords" Content="Administrative Rules 68:02:07:07"> <META NAME="Description" Content="Administrative Rules 68:02:07:07 Conditions of reinvestment payment."> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Generator content="Microsoft Word 14 (filtered)"> <style> <!-- /* Font Definitions */ @font-face {font-family:Calibri; panose-1:2 15 5 2 2 2 4 3 2 4;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {margin:0in; margin-bottom:.0001pt; text-align:justify; font-size:12.0pt; font-family:"Times New Roman","serif";} @page WordSection1 {size:8.5in 11.0in; margin:1.0in 1.0in 1.0in 1.0in;} div.WordSection1 {page:WordSection1;} --> </style> </head> <body lang=EN-US> <div class=WordSection1> <p class=MsoNormal><font size=3 face="Times New Roman"><span style='font-size: 12.0pt'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b><span style='font-weight:bold'>68:02:07:07.&nbsp;&nbsp;Conditions of reinvestment payment.</span></b> At the time the board takes action on an application, the board may impose requirements relating to employment, including the number of jobs created and the wages and benefits paid. The board may also place conditions upon the board's approval to ensure the project as completed is substantially similar to the project described in the application and that the capital expenditures made in connection with the project are substantially similar to those described in the application. The applicant shall notify the GOED in writing within 30 days of the construction date to indicate the project has commenced.</span></font></p> <p class=MsoNormal><font size=3 face="Times New Roman"><span style='font-size: 12.0pt'>&nbsp;</span></font></p> <p class=MsoNormal><font size=3 face="Times New Roman"><span style='font-size: 12.0pt'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b><span style='font-weight:bold'>Source:</span></b> 39 SDR 221, effective July 1, 2013.</span></font></p> <p class=MsoNormal><font size=3 face="Times New Roman"><span style='font-size: 12.0pt'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b><span style='font-weight:bold'>General Authority:</span></b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=1-16G-8">1-16G-8(11)</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=1-16G-67">1-16G-67.</A></span></font></p> <p class=MsoNormal><font size=3 face="Times New Roman"><span style='font-size: 12.0pt'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b><span style='font-weight:bold'>Law Implemented:</span></b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=1-16G-8">1-16G-8(11)</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=1-16G-67">1-16G-67.</A></span></font></p> <p class=MsoNormal><font size=3 face="Times New Roman"><span style='font-size: 12.0pt'>&nbsp;</span></font></p> </div> </body> </html>