Section 32-3A-62 - Revenues allocated for educational purposes.
32-3A-62. Revenues allocated for educational purposes. Of the total revenue collected as a result of the tax imposed by this chapter, 56.25 percent of the total revenue shall be allocated for educational purposes as prescribed in the foundation program pursuant to chapter 13-13.
Source: SL 1993, ch 102, § 12A; SDCL 10-60-12.