(A) From and after 1-1-2004, there is hereby imposed as a municipal retail occupational sales and service tax upon the privilege of engaging in business a tax measured by 2% on the gross receipts of all persons engaged in business within the jurisdiction of the Municipality of Vermillion, Clay County, South Dakota, who are subject to the South Dakota Retail Occupational Sales and Service Tax, SDCL § 10-45 and acts amendatory thereto.
(B) This section shall be effective 1-1-2006 to comply with the effective date of the change in state law.
(Ord. 1117, passed 7-21-2003; Am. Ord. 1146, passed 8-1-2005)