§ 10-35-1 Companies subject to tax
§ 10-35-1.1 Tax on electric generation and transmission facilities used for out-of-state consumers
§ 10-35-1.2 Generating property of rural electric companies subject to tax
§ 10-35-1.3 Definitions
§ 10-35-1.4 Application for partial tax exemption for power generation facility prior toconstruction
§ 10-35-1.5 Partial exemption for power generation facility–Allocation of exemption
§ 10-35-1.6 Amount of tax exemption during construction of qualifying power generation facility
§ 10-35-1.7 Definitions
§ 10-35-1.8 Application for exemption for coal-fired power plant performing environmentalupgrade
§ 10-35-1.9 Exemption for coal-fired power plant performing environmental upgrade–Allocationof exemption
§ 10-35-1.10 Promulgation of rules on environmental upgrade exemption
§ 10-35-2 Operating property assessed by department
§ 10-35-3 Annual report required of companies–Date of filing
§ 10-35-4 Information given in annual report on property within municipalities
§ 10-35-5 Information given in annual report on property outside municipalities
§ 10-35-6 Capitalization and financial data given in annual report
§ 10-35-7 Additional information given in annual report
§ 10-35-8 Addition to assessable value for failure to file annual report
§ 10-35-9 Date of annual assessment of property–Information considered–Earnings, incomeand franchises considered–Separate valuation of property within municipalities
§ 10-35-10 Valuation of power and pipelines–Application of property tax levies
§ 10-35-10.1 Determining fair market value of public utility property
§ 10-35-11 Notice of assessment to company–Hearing
§ 10-35-12 Equalization and notice of assessments–Certification to county auditors–Extension,collection and distribution of tax
§ 10-35-13 County commissioners’ allocation of assessed valuations to taxing districts–Noticeto company
§ 10-35-14 Map of lines filed with county auditor–Use in allocating valuation to taxing districts
§ 10-35-15 Collection of delinquent taxes
§ 10-35-16 Definition of terms
§ 10-35-17 Alternative annual tax on wind farm property and solar facilities
§ 10-35-18 Annual tax based on nameplate capacity of wind farm or solar facility
§ 10-35-19 Annual tax on electricity produced by wind farm producing power for first timebetween July 1, 2007 and April 1, 2015
§ 10-35-19.1 Annual tax on electricity produced by wind farm after March 31, 2015 or by solarfacility
§ 10-35-20 Renewable facility tax fund
§ 10-35-21 Distributions from renewable facility tax fund
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Terms Used In South Dakota Codified Laws > Title 10 > Chapter 35 - Taxation of Electric, Heating, Water and Gas Companies

  • Appraisal: A determination of property value.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Person: includes natural persons, partnerships, associations, cooperative corporations, limited liability companies, and corporations. See South Dakota Codified Laws 2-14-2
  • Personal property: All property that is not real property.
  • Personal property: includes money, goods, chattels, things in action, and evidences of debt. See South Dakota Codified Laws 2-14-2
  • Property: includes property, real and personal. See South Dakota Codified Laws 2-14-2
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.