SB21

The amendment BROADENS the bill's scope significantly by replacing the original focus on tax refunds for elderly and disabled persons with a comprehensive overhaul of South Dakota's property tax and sales tax refund programs, including substantial increases to income thresholds (e.g., from $10,566 to $17,215 for single-person households in the sales tax refund program) and refund caps (e.g., from $258 to $500 maximum for single persons, and from $581 to $1,000 for multi-person households). The changes also shift the refund calculation methodology from fixed dollar amounts to a pro rata share system distributed among eligible claimants based on available appropriations.

This amendment significantly restructures the bill by removing all references to Chapter 10-18A (property tax refunds for elderly and disabled persons) and instead focuses entirely on expanding the retail sales tax refund program under Chapter 10-45A by increasing income thresholds and maximum refund amounts. The change BROADENS the bill's scope to redirect tax relief resources from property tax refunds to sales tax refunds for low-income households.