{"data":{"id":"us-sd/sdcl-10-35-1.6","jurisdiction":"us-sd","citation":"SDCL § 10-35-1.6","heading":"Amount of tax exemption during construction of qualifying power generation facility.","body":"During the construction period of a qualifying power generation facility, the exemption provided in § 10-35-1.5 shall be as follows:\n(1) For the first legal assessment date after the construction date of the power generation facility, as provided in § 10-35-9, upon all value in excess of ten percent of the amount provided in § 10-35-1.5;\n(2) For the second legal assessment date after the construction date of the power generation facility, as provided in § 10-35-9, upon all value in excess of twenty percent of the amount provided in § 10-35-1.5; and\n(3) For the third and subsequent legal assessment dates after the construction date of the power generation facility, as provided in § 10-35-9, upon all value in excess of thirty percent of the amount provided in § 10-35-1.5.","path":["TITLE 10. TAXATION","CHAPTER 10-35. TAXATION OF ELECTRIC, HEATING, WATER AND GAS COMPANIES"],"source_url":"https://sdlegislature.gov/Statutes/10-35-1.6","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:56Z","sha256":"f4021b13605eb7e9738e4484c82c8a7f06fb76d664fcdeee1037144e63b96f30","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-10-35-1.5","next":"us-sd/sdcl-10-35-1.7"},"notice":"GroundRules: Original legal text. Not legal advice."}