SDCL § 10-13-48: Homeowner property tax reduction fund--Deposit of moneys.

The treasurer shall deposit in the homeowner property tax reduction fund established in § 10-13-47, the applicable percent of taxes collected on or after August 1, 2027, pursuant to:

(1) Chapter 10-45;

(2) Chapter 10-46;

(3) Chapter 10-46E; and

(4) Chapter 10-58.

For purposes of this section, "applicable percent" means three-tenths percent divided by the tax rate provided for the taxes referenced in subdivisions (1) to (4), inclusive, of this section, as applicable.