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Tax Break Tracker Individual Entry

Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.

StateSouth Dakota
Effected JurisdictionSouth Dakota
Jurisdiction type: State
Fiscal year ending In2018
Program nameReinvestment Payment Program
Program purpose: Job Creation/Retention
Statutory authority: SDCL 1-16G-56 to 1-16G-68
Abating jurisdiction(s): State of South Dakota
Applicable taxesSales and Use Tax
Method of abatement: Tax Rebate
Provisions for recapture: No recapture provisions as taxes are abated after costs have been incurred or targets have been reached (i.e. performance-based awards).
Gross revenue loss: $10,736,062
Reimbursement / offset: $0
Net revenue loss: $10,736,062
Type of loss: Active
Additional notes on dislosure(none)