The effective date of rate changes for services covering a period starting before and ending after the statutory effective date shall be as follows:

1. (1) For a rate increase, the new rate shall apply to the first billing period starting on or after the effective date; and
2. (2) For a rate decrease, the new rate shall apply to bills rendered on or after the effective date.

Source: 29 SDR 177, effective July 2, 2003.

General Authority: SDCL 10-45-47.1(2) , 10-46-35.1(2) , 10-46A-19(2) , 10-46B-18(2).

Law Implemented: SDCL 10-45-30.1 , 10-45-30.2.