S.D. Admin. R. 68:02:07:02

Current through Register Vol. 51, page 56, November 4, 2024

Section 68:02:07:02 - Eligibility

If the project costs for a new and expanded facility exceed the amounts specified in SDCL 1-16G-57, a person may apply for a reinvestment payment pursuant to this chapter. The person shall:

(1) Timely file an application with GOED as required by SDCL 1-16G-58;

(2) Request the board take action to approve or deny its application for reinvestment payment pursuant to § 68:02:07:05;

(3) Accept the board's approval and receive a permit from GOED pursuant to § 68:02:07:06;

(4) Timely file an affidavit for reinvestment payment with GOED as required by § 68:02:07:10; and

(5) Otherwise comply with the conditions, restrictions, and limitations imposed by this chapter.

S.D. Admin. R. 68:02:07:02

39 SDR 221, effective 7/1/2013.

General Authority: SDCL 1-16G-8(6), 1-16G-67.

Law Implemented: SDCL 1-16G-8(6), 1-16G-57, 1-16G-67.