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.
State:
South Dakota
Reporting Jurisdiction:
South Dakota
Jurisdiction type
:
State

Fiscal year ending In:
2018
Program name:
Reinvestment Payment Program
Program purpose
:
Business attraction/retention

Statutory authority
:
SDCL 1-16G-56 to 1-16G-68

Abating jurisdiction(s)
:
State of South Dakota

Applicable taxes:
Sales and Use Tax
Method of abatement
:
Tax reimbursement

Provisions for recapture
:
(N/A - performance-based)

Gross revenue loss
:
$12,582,856

Reimbursement / offset
:
$0

Net revenue loss
:
$12,582,856

Type of loss
:
Active

Additional notes on dislosure:
(none)