GOED shall pay motor fuel tax refunds described in subdivision 31:02:01:02(5) as follows:
- (1) GOED shall make a final determination of refund eligibility and amount within ninety days of receiving the completed application;
- (2) Subject to subdivision (3) of this section, the refund amount for an eligible licensed marketer is as provided in SDCL 10-47B-192; and
- (3) If moneys allocated from the ethanol infrastructure incentive fund for motor fuel tax refunds are insufficient to pay the full refund amount to all licensed marketers for the preceding calendar year, GOED must prorate each licensed marketer's refund and pay the refund as a percentage of the overall allocation. This percentage is equal to the licensed marketer's number of gallons of E15 sold and dispensed divided by the total number of gallons of E15 sold and dispensed by all licensed marketers eligible for a motor fuel tax refund.
Source: 52 SDR 49, effective November 17, 2025 .
General Authority: SDCL 10-47B-192 .
Law Implemented: SDCL 10-47B-192 .