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)