Ask Reggi Your Question Now
Reggi is the free generative AI assistance for regulatory compliance
Can you summarize SDCL 42-7B-28.1?
Limited Card Games, Slot Machines, Craps, Roulette, And Keno > Additional tax on gaming proceeds.
Short Summary
In addition to the gaming tax imposed by 42-7B-28 , there is hereby imposed an additional one percent tax on the adjusted gross proceeds of gaming allowed by this chapter. The tax shall be paid to the commission and transferred to the general fund on a monthly basis notwithstanding the provisions of 42-7B-48 and 42-7B-48.1 . Source: SL 2009, ch 217, 1.
Jurisdiction
South Dakota