<html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 32-5B-21 - Applicability of tax on leased vehicles--Leasing information required. </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2053891Normal { margin-top: 0; margin-bottom: 0; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2053891SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2053891CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2053891Normal-000000 { margin-top: 0; margin-bottom: 0; text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2053891DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s2053891Normal-000001 { margin-top: 0; margin-bottom: 0; text-indent: 0.25in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2053891000002 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2053891SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2053891SCL-000003 { 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></head><body><div><p dir="ltr" class="s2053891Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=32-5B-21"><span class="s2053891SENU">32-5B-21</span></a><span xml:space="preserve" class="s2053891SENU">. </span><span class="s2053891CL">Applicability of tax on leased vehicles--Leasing information required.</span></p><p dir="ltr" class="s2053891Normal-000000"><span xml:space="preserve" class="s2053891DefaultParagraphFont">The tax imposed by §§ </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=32-5B-1"><span class="s2053891DefaultParagraphFont">32-5B-1</span></a><span xml:space="preserve" class="s2053891DefaultParagraphFont">, </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=32-5B-1.1"><span class="s2053891DefaultParagraphFont">32-5B-1.1</span></a><span xml:space="preserve" class="s2053891DefaultParagraphFont">, 32-5B-4(7), and </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=32-5B-21"><span class="s2053891DefaultParagraphFont">32-5B-21</span></a><span xml:space="preserve" class="s2053891DefaultParagraphFont"> to </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=32-5B-24"><span class="s2053891DefaultParagraphFont">32-5B-24</span></a><span xml:space="preserve" class="s2053891DefaultParagraphFont">, inclusive, and calculated in the manner set out in §  </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=32-5B-4"><span class="s2053891DefaultParagraphFont">32-5B-4</span></a><span xml:space="preserve" class="s2053891DefaultParagraphFont"> on the sale or use of leased vehicles subject to titling and registration applies to vehicles with a gross vehicle weight ratings of less than sixteen thousand pounds or vehicles defined in subdivision 32-9-3(3), including motorcycles and motorized bicycles. No certificate of title may be issued until the tax is paid.</span></p><p dir="ltr" class="s2053891Normal-000001"><span xml:space="preserve" class="s2053891DefaultParagraphFont">The county treasurer shall require every applicant for registration of a vehicle subject to tax under §§ </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=32-5B-1"><span class="s2053891DefaultParagraphFont">32-5B-1</span></a><span xml:space="preserve" class="s2053891DefaultParagraphFont">, </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=32-5B-1.1"><span class="s2053891DefaultParagraphFont">32-5B-1.1</span></a><span xml:space="preserve" class="s2053891DefaultParagraphFont">, 32-5B-4(7), and </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=32-5B-21"><span class="s2053891DefaultParagraphFont">32-5B-21</span></a><span xml:space="preserve" class="s2053891DefaultParagraphFont"> to </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=32-5B-24"><span class="s2053891DefaultParagraphFont">32-5B-24</span></a><span class="s2053891DefaultParagraphFont">, inclusive, to supply information as is deemed necessary as to the date of the lease transaction, the lease price, and other information relative to the lease of the vehicle.</span></p><p dir="ltr" class="s2053891Normal"><span xml:space="preserve" class="s2053891000002"> </span></p><p dir="ltr" class="s2053891Normal"><span class="s2053891SCL">Source:</span><span xml:space="preserve" class="s2053891SCL-000003"> SL 2000, ch 145, § 4; SL 2001, ch 167, § 1; SL 2006, ch 161, § 1.</span></p></div></body></html>