In addition, there is hereby imposed an excise tax on the privilege of the use, storage and consumption within the jurisdiction of the city of tangible personal property purchased from and after the effective date of this chapter, at the same rate as the additional municipal sales and service tax upon all transactions for use, storage and consumption which are subject to the State Use Tax Act, SDCL Chapter 10-46, and acts amendatory thereto.
(Prior Code, § 20-11)