<html xmlns="http://www.w3.org/1999/xhtml" lang="en-US"><head><meta charset="UTF-8"><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 10-39B-2 - Imposition of tax--Rate--Payment--Disposition--Collection.</title><meta name="Generator" content="PowerTools for Open XML"><style>span { white-space: pre-wrap; } p.s2084361Normal { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2084361SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2084361CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2084361Statute { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2084361DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2084361000000 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s2084361NoIndent { text-indent: 0.00in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2084361DefaultParagraphFont-000001 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2084361SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } body { text-decoration-skip-ink: none; } </style><meta name="viewport" content="width=device-width, initial-scale=1"><meta name="twitter:card" content="summary"><meta property="og:title" content="SD 10-39B-2 - Imposition of tax--Rate--Payment--Disposition--Collection."><meta property="og:description" content="SDLRC Codified Law 10-39B-2 - Imposition of tax--Rate--Payment--Disposition--Collection."><meta property="og:type" content="website"><meta property="og:url" content="https://sdlegislature.gov/Statutes?Statute=10-39B-2"><meta property="og:image" content="https://lawmakerdocuments.blob.core.usgovcloudapi.net/photos/logoshape.webp"><meta property="og:site_name" content="South Dakota Legislature"></head><body><div><p dir="ltr" class="s2084361Normal"><a href="https://sdlegislature.gov/Statutes?Statute=10-39B-2" rel="noopener"><span class="s2084361SENU">10-39B-2</span></a><span xml:space="preserve" class="s2084361SENU">. </span><span xml:space="preserve" class="s2084361CL">Imposition of tax--Rate--Payment--Disposition--Collection. </span></p><p dir="ltr" class="s2084361Statute"><span xml:space="preserve" class="s2084361DefaultParagraphFont">There is imposed on the severance of energy minerals in this state an excise tax, to be known as a conservation tax, equal to two and four-tenths mills of the taxable value of any energy minerals severed and saved. The tax shall be paid by the operator as defined in subdivision </span><a href="https://sdlegislature.gov/Statutes?Statute=10-39A-1.1" rel="noopener"><span class="s2084361DefaultParagraphFont">10-39A-1.1</span></a><span xml:space="preserve" class="s2084361DefaultParagraphFont">(3). An operator may not pass the tax on to the owner of the energy minerals. The tax provided for in this chapter shall be placed in the environment and natural resources fee fund established pursuant to § </span><a href="https://sdlegislature.gov/Statutes?Statute=1-41-23" rel="noopener"><span class="s2084361DefaultParagraphFont">1-41-23</span></a><span xml:space="preserve" class="s2084361DefaultParagraphFont"> and collected in accordance with chapter </span><a href="https://sdlegislature.gov/Statutes?Statute=10-59" rel="noopener"><span class="s2084361DefaultParagraphFont">10-59</span></a><span xml:space="preserve" class="s2084361DefaultParagraphFont">. The tax collected from the production of oil or gas may be used to carry out the duties as set forth in chapter </span><a href="https://sdlegislature.gov/Statutes?Statute=45-9" rel="noopener"><span class="s2084361DefaultParagraphFont">45-9</span></a><span xml:space="preserve" class="s2084361DefaultParagraphFont">. The tax collected from the production of coal or uranium may be used to carry out the duties as set forth in chapters </span><a href="https://sdlegislature.gov/Statutes?Statute=45-6B" rel="noopener"><span class="s2084361DefaultParagraphFont">45-6B</span></a><span xml:space="preserve" class="s2084361DefaultParagraphFont"> and </span><a href="https://sdlegislature.gov/Statutes?Statute=45-6D" rel="noopener"><span class="s2084361DefaultParagraphFont">45-6D</span></a><span class="s2084361DefaultParagraphFont">.</span></p><p dir="ltr" class="s2084361Normal"><span xml:space="preserve" class="s2084361000000"> </span></p><p dir="ltr" class="s2084361NoIndent"><span xml:space="preserve" class="s2084361DefaultParagraphFont-000001">Source: </span><span class="s2084361SCL">SL 1983, ch 313, § 2; SL 1984, ch 80; SL 1994, ch 23, § 3; SL 2009, ch 13, § 7; SL 2021, ch 1 (Ex. Ord. 21-3), § 14, eff. Apr. 19, 2021; SL 2021, ch 49, § 9.</span></p></div></body></html>