813. CONSTITUTIONAL EXEMPTIONS FROM TAX - PROPERTY OF PUBLIC AGENCIES - RAILROAD OPERATING PROPERTY.

Tangible personal property, the storage, use or other consumption of which the Tribe is prohibited from taxing under the Constitution or laws of the United States of America or under the Constitution and By-Laws of the Rosebud Sioux Tribe, or tangible property sold to the United States, the state of South Dakota, any public or municipal corporation of the State, or the Rosebud Sioux Tribe or any tribal entity which is for the use, storage, or consumption of such public corporations or which is sold to, used or to be used as or in operating or maintaining any type of railroad company property which is classified by SDCL 10-28-1 as “operating property,” is hereby specifically exempt from the tax imposed by this Chapter, provided, however, the exemption as to railroad operating property shall be limited to one-half of such imposed by this Chapter.