article-xiii•Constitution of South Dakota — Article XIII: ARTICLE XIII PUBLIC INDEBTEDNESS 1. State enterprises--Legislative vote required--Defense of state--Rural credits--Maximum indebtedness. 2. Maximum state debt--Irrepealable tax to repay. 3. State debt as in addition to territorial debt. 4. Debt limitations for municipalities and political subdivisions. 5. Irrepealable tax to repay debt of municipality or political subdivision. 6. Adjustment of debts and liabilities of territory of Dakota. 7. Obligation of state to pay proportion of territorial debt. 8. Refunding bond issue authorized for territorial debt payment. 9. Road construction and coal supply by state. 10. State cement enterprises. 11. State pledge to fund cement enterprises. 12. State electric power enterprises. 13. State pledge to fund electric power enterprises. 14. State coal mining enterprises. 15. State pledge to fund coal enterprises. 16. Works of internal improvement--State indebtedness. 17. Home loans by state--Debt limitation inapplicable. 18. Compensation of military and war relief personnel--Maximum indebtedness. 19. Bonus paid to veterans and deceased veterans' dependents. 20. Trust fund created with proceeds from sale of state cement enterprises--Investment. 21. Transfers from trust fund to general fund in support of education.
Constitution of South Dakota — Article XIII: ARTICLE XIII PUBLIC INDEBTEDNESS 1. State enterprises--Legislative vote required--Defense of state--Rural credits--Maximum indebtedness. 2. Maximum state debt--Irrepealable tax to repay. 3. State debt as in addition to territorial debt. 4. Debt limitations for municipalities and political subdivisions. 5. Irrepealable tax to repay debt of municipality or political subdivision. 6. Adjustment of debts and liabilities of territory of Dakota. 7. Obligation of state to pay proportion of territorial debt. 8. Refunding bond issue authorized for territorial debt payment. 9. Road construction and coal supply by state. 10. State cement enterprises. 11. State pledge to fund cement enterprises. 12. State electric power enterprises. 13. State pledge to fund electric power enterprises. 14. State coal mining enterprises. 15. State pledge to fund coal enterprises. 16. Works of internal improvement--State indebtedness. 17. Home loans by state--Debt limitation inapplicable. 18. Compensation of military and war relief personnel--Maximum indebtedness. 19. Bonus paid to veterans and deceased veterans' dependents. 20. Trust fund created with proceeds from sale of state cement enterprises--Investment. 21. Transfers from trust fund to general fund in support of education.
article-xiiiSouth Dakota Const. Article XIIIConstitution
Publisher edition notice: This collection preserves the complete captured Legislature compilation, including repealed provisions and publisher source notes. The exact current edition has not been independently verified.
Article XIII
1.
State enterprises--Legislative vote required--Defense of state--Rural credits--Maximum indebtedness.
2.
Maximum state debt--Irrepealable tax to repay.
3.
State debt as in addition to territorial debt.
4.
Debt limitations for municipalities and political subdivisions.
5.
Irrepealable tax to repay debt of municipality or political subdivision.
6.
Adjustment of debts and liabilities of territory of Dakota.
7.
Obligation of state to pay proportion of territorial debt.
8.
Refunding bond issue authorized for territorial debt payment.
9.
Road construction and coal supply by state.
10.
State cement enterprises.
11.
State pledge to fund cement enterprises.
12.
State electric power enterprises.
13.
State pledge to fund electric power enterprises.
14.
State coal mining enterprises.
15.
State pledge to fund coal enterprises.
16.
Works of internal improvement--State indebtedness.
17.
Home loans by state--Debt limitation inapplicable.
18.
Compensation of military and war relief personnel--Maximum indebtedness.
19.
Bonus paid to veterans and deceased veterans' dependents.
20.
Trust fund created with proceeds from sale of state cement enterprises--Investment.
21.
Transfers from trust fund to general fund in support of education.
§ 1. State enterprises--Legislative vote required--Defense of state--Rural credits--Maximum indebtedness. For the purpose of developing the resources and improving the economic facilities of South Dakota, the state may engage in works of internal improvement, may own and conduct proper business enterprises, may loan or give its credit to, or in aid of, any association, or corporation, organized for such purposes. But any such association or corporation shall be subject to regulation and control by the state as may be provided by law. No money of the state shall be appropriated, or indebtedness incurred for any of the purposes of this section, except by the vote of two-thirds of the members of each branch of the Legislature. The state may also assume or pay any debt or liability incurred in time of war for the defense of the state. The state may establish and maintain a system of rural credits and thereby loan and extend credit to the people of the state upon real estate security in such manner and upon such terms and conditions as may be prescribed by general law. The limit of indebtedness contained in § 2 of this article shall not apply to the provisions of this section, but the indebtedness of the state for the purposes contained in this section shall never exceed one-half of one percent of the assessed valuation of the property of the state, provided however, that nothing contained in this section shall affect the refinancing or refunding of the present outstanding indebtedness of this state.
History: Amendment proposed by SL 1915, ch 233, approved Nov., 1916; amendment proposed by SL 1917, ch 163, approved Nov., 1918; amendment proposed by SL 1933, ch 127, rejected Nov., 1934; amendment proposed by SL 1935, ch 139, approved Nov., 1936.
§ 2. Maximum state debt--Irrepealable tax to repay. For the purpose of defraying extraordinary expenses and making public improvements, or to meet casual deficits or failure in revenue, the state may contract debts never to exceed with previous debts in the aggregate one hundred thousand dollars, and no greater indebtedness shall be incurred except for the purpose of repelling invasion, suppressing insurrection, or defending the state or the United States in war and provision shall be made by law for the payment of the interest annually, and the principal when due, by tax levied for the purpose or from other sources of revenue; which law providing for the payment of such interest and principal by such tax or otherwise shall be irrepealable until such debt is paid: provided, however, the state of South Dakota shall have the power to refund the territorial debt assumed by the state of South Dakota, by bonds of the state of South Dakota.
History: Amendment proposed by SL 1890, ch 43, rejected Nov., 1890.
§ 3. State debt as in addition to territorial debt. That the indebtedness of the state of South Dakota limited by § 2 of this article shall be in addition to the debt of the territory of Dakota assumed by and agreed to be paid by South Dakota.
§ 4. Debt limitations for municipalities and political subdivisions. The debt of any county, city, town or civil township shall never exceed five per centum upon the assessed valuation of the taxable property therein, for the year preceding that in which said indebtedness is incurred. The debt of any school district shall never exceed ten per centum upon the assessed valuation of the taxable property therein, for the year preceding that in which said indebtedness is incurred. In estimating the amount of the indebtedness which a municipality or subdivision may incur, the amount of indebtedness contracted prior to the adoption of the Constitution shall be included.
History: Amendment proposed by SL 1895, ch 35, approved Nov., 1896; amendment proposed by SL 1901, ch 89, approved Nov., 1902; amendment proposed by SL 1909, ch 139, rejected Nov., 1910; amendment proposed by SL 1920 (SS), ch 34, rejected Nov., 1920; amendment proposed by SL 1949, ch 238, rejected Nov., 1950; amendment proposed by SL 1953, ch 312, approved Nov., 1954.
§ 5. Irrepealable tax to repay debt of municipality or political subdivision. Any city, county, town, school district or any other subdivision incurring indebtedness shall, at or before the time of so doing, provide for the collection of an annual tax sufficient to pay the interest and also the principal thereof when due, and all laws or ordinances providing for the payment of the interest or principal of any debt shall be irrepealable until such debt be paid.
§ 6. Adjustment of debts and liabilities of territory of Dakota. In order that payment of the debts and liabilities contracted or incurred by and in behalf of the territory of Dakota may be justly and equitably provided for and made, and in pursuance of the requirements of an act of Congress approved February 22, 1889, entitled "An act to provide for the division of Dakota into two states and to enable the people of North Dakota, South Dakota, Montana and Washington to form Constitutions and state governments and to be admitted into the union on an equal footing with the original states, and to make donations of public lands to such states" the states of North Dakota and South Dakota, by proceedings of a joint commission, duly appointed under said act, the sessions whereof were held at Bismarck in said state of North Dakota, from July 16, 1889, to July 31, 1889, inclusive, have agreed to the following adjustment of the amounts of the debts and liabilities of the territory of Dakota which shall be assumed and paid by each of the states of North Dakota and South Dakota, respectively, to wit:
§ 7. Obligation of state to pay proportion of territorial debt. And the state of South Dakota hereby obligates itself to pay such part of the debts and liabilities of the territory of Dakota as is declared by the foregoing agreement to be its proportion thereof, the same as if such proportion had been originally created by said state of South Dakota as its own debt or liability.
§ 8. Refunding bond issue authorized for territorial debt payment. The territorial treasurer is hereby authorized and empowered to issue refunding bonds to the amount of one hundred seven thousand five hundred dollars, bearing interest not to exceed the rate of four percent per annum, for the purpose of refunding the following described indebtedness of the territory of Dakota, to wit:
§ 9. Road construction and coal supply by state. The construction and maintenance of good roads and the supplying of coal to the people of the state from the lands belonging to the state are works of necessity and importance in which the state may engage but no expenditure of money for the same shall be made except by the vote of a two-thirds majority of the Legislature.
History: Section proposed by SL 1916 (SS), ch 2, adopted Nov., 1916.
§ 10. State cement enterprises. The manufacture, distribution and sale of cement and cement products are hereby declared to be works of public necessity and importance in which the state may engage, and suitable laws may be enacted by the Legislature to empower the state to acquire, by purchase or appropriation, all lands, easements, rights of way, tracks, structures, equipment, cars, motive power, implements, facilities, instrumentalities and material, incident or necessary to carry the provisions of this section into effect: provided, however, that no expenditure of money for the purposes enumerated in this section shall be made, except upon a vote of two-thirds of the members elect of each branch of the Legislature.
History: Section proposed by SL 1918 (SS), ch 32, adopted Nov., 1918.
§ 11. State pledge to fund cement enterprises. The state may pledge such cement plants and all of the accessories thereto, and may pledge the credit of the state, to provide funds for the purposes enumerated in § 10 of this article, any provision in this Constitution to the contrary notwithstanding.
History: Section proposed by SL 1918 (SS), ch 32, adopted Nov., 1918.
§ 12. State electric power enterprises. The manufacture, distribution and sale of electric current for heating, lighting and power purposes are hereby declared to be works of public necessity and importance in which the state may engage, and suitable laws may be enacted by the Legislature to empower the state to acquire, by purchase or appropriation all lands, easements, rights of way, tracks, structures, equipment, cars, motive power, implements, facilities, instrumentalities and material incident or necessary to the acquisition, ownership, control, development and operation of the water powers of this state, and to carry this provision into effect: provided, however, that no expenditure of money for the purposes enumerated in this section shall be made except by a vote of two-thirds of the members elect of each branch of the Legislature.
History: Section proposed by SL 1918 (SS), ch 33, adopted Nov., 1918.
§ 13. State pledge to fund electric power enterprises. The state may pledge such plants and all of the accessories thereto, and may pledge the credit of the state, to provide funds for the purposes enumerated in § 12 of this article, any provision in this Constitution to the contrary notwithstanding.
History: Section proposed by SL 1918 (SS), ch 33, adopted Nov., 1918.
§ 14. State coal mining enterprises. The mining, distribution and sale of coal are hereby declared to be works of public necessity and importance in which the state may engage, and the Legislature may enact suitable laws to carry this provision into effect and to empower the state to acquire, by purchase or appropriation, all lands, structures, easements, tracks, rights of way, equipment, cars, motive power, and all other facilities, implements, instrumentalities, and materials necessary or incidental to the acquisition, mining, manufacturing and distribution of coal for fuel purposes: provided, however, that no expenditure of money for the purposes enumerated in this section shall be made except upon a vote of two-thirds of the members elect of each branch of the Legislature.
History: Section proposed by SL 1918 (SS), ch 34, adopted Nov., 1918.
§ 15. State pledge to fund coal enterprises. The state may pledge such plants and all of the accessories thereto, as well as the credit of this state, to provide funds for the purposes enumerated in § 14 of this article, any provision in this Constitution to the contrary notwithstanding.
History: Section proposed by SL 1918 (SS), ch 34, adopted Nov., 1918.
§ 16. Works of internal improvement--State indebtedness. The state may engage in works of internal improvement, any provision in this Constitution, or limitation in § 2 of this article, to the contrary notwithstanding. The indebtedness of the state for the purposes contained in this section shall never exceed one-half of one percent of the assessed valuation of all property in this state and no such indebtedness shall be incurred nor money expended, except upon a two-thirds vote of the members elect in each branch of the Legislature.
History: Section proposed by SL 1918 (SS), ch 35, adopted Nov., 1918.
§ 17. Home loans by state--Debt limitation inapplicable. The state may establish and maintain a system of credits for assisting in the building of homes by the people of the state, and therefor may loan money and extend credit to the people of the state upon real estate security in such manner and upon such terms and conditions as may be prescribed by general law. The limitations and provisions regarding the incurring of indebtedness elsewhere found in the Constitution shall not apply to this section, but the Legislature shall, at the time of incurring any indebtedness hereunder, provide for discharging same.
History: Section proposed by SL 1920 (SS), ch 35, adopted Nov., 1920.
§ 18. Compensation of military and war relief personnel--Maximum indebtedness. The Legislature shall be authorized to provide by law for compensating honorably discharged soldiers, sailors, marines, and others, who have served with the armed forces of the United States, or who have engaged in war relief work in the World's War, or other wars of the United States, including former American citizens, who served in allied armies against the central powers in the World's War and who have been honorably discharged and repatriated; such compensation not to exceed the sum of fifteen dollars per month for the period of such service. For this purpose the Legislature may use the credit of the state, and any indebtedness created for this purpose shall not be a part of the indebtedness authorized or limited by other provisions of the Constitution; provided, that the amount of all indebtedness created by the state for the purposes specified in this section shall not exceed six million dollars.
History: Section proposed by SL 1920 (SS), ch 36, adopted Nov., 1920.
§ 19. Bonus paid to veterans and deceased veterans' dependents. [1.] The Legislature shall be authorized to provide by law for compensating and paying a bonus in money to veterans and to dependents of deceased veterans, who were legal residents of the state of South Dakota for a period of not less than six months immediately preceding entry into the armed forces of the United States and who have served for ninety or more days in the armed forces of the United States between the period beginning December 7, 1941 and ending September 2, 1945 and who are still in the armed forces or were discharged therefrom under conditions other than dishonorable. Such bonus to be paid in cash, at the rate of fifty cents per day for each day of service in the armed forces within continental United States and at the rate of seventy-five cents per day for each day of service in the armed forces outside of continental United States, provided that any such person who served wholly within continental United States shall be entitled to receive not to exceed a bonus or total sum of five hundred dollars, and any such person who has served wholly outside of continental United States, or partly within and partly without, shall be entitled to receive not to exceed a bonus payment in the total sum of six hundred fifty dollars; such bonus to be paid on or before the thirty-first day of December 1950. For this purpose the Legislature may use credit of the state and any indebtedness created for this purpose shall not be a part of the indebtedness authorized or limited by other provisions of the Constitution; provided that the amount of indebtedness created by the state for the purpose specified in this section shall not exceed thirty million dollars. If upon computation the amount of thirty million dollars shall be inadequate to make the specified payments as stated in this section, the Legislature shall have the power to apportion the amount.
History: Section proposed by SL 1947, ch 249, adopted Nov., 1948.
§ 20. Trust fund created with proceeds from sale of state cement enterprises--Investment. The net proceeds derived from the sale of state cement enterprises shall be deposited by the South Dakota Cement Commission in a trust fund hereby created to benefit the citizens of South Dakota. The South Dakota Investment Council or its successor shall invest the trust fund in stocks, bonds, mutual funds, and other financial instruments as provided by law.
History: Section proposed by SL 2000 (SS) ch 1, approved April 10, 2001. Amendment proposed by SL 2010, ch 2, § 2, rejected Nov. 2, 2010. Amendment proposed by SL 2012, ch 266, § 2 approved Nov. 6, 2012.
History: Section proposed by SL 2000 (SS) ch 1, approved April 10, 2001. Amendment proposed by SL 2010, ch 2, § 3, rejected Nov. 2, 2010. Amendment proposed by SL 2012, ch 266, § 3 approved Nov. 6, 2012.
Continue sua pesquisa no ChatGPT ou Claude
Conecte o Omnilex para pesquisar o corpus jurídico pelo seu assistente de IA.