A tax is imposed, whether or not a sale occurs, at the following rates on all cigarettes held in this state for sale by any person: Class A, on cigarettes weighing not more than three pounds per thousand, seventy-six and one-half mills on each cigarette. Class B, on cigarettes weighing more than three pounds per thousand, seventy-six and one-half mills on each cigarette.

Source: SDC 1939, § 57.3905; SL 1949, ch 422 , § 1; SL 1951, ch 452 , § 3; SL 1955, ch 416 ; SL 1959, ch 442 , § 1; SL 1963, ch 446 , § 1; SL 1965, ch 293 , § 1; SL 1969, ch 271 , § 1; SL 1979, ch 90 , § 1; SL 1981, ch 114 , § 1; SL 1985, ch 97 ; SL 1995, ch 72 , § 1; SL 2003, ch 72 , § 1; Initiated Measure 2, approved Nov. 7, 2006, eff. Jan. 1, 2007.