Search Bills

create a property tax relief fund and to provide for the transfer of certain unobligated cash balances.

HB1125 creates a new property tax relief fund and transfers unobligated (unspent) state cash balances into it to help reduce property tax burdens for South Dakota residents. The bill essentially redirects surplus state money that wasn't allocated for specific purposes toward a dedicated fund aimed at property tax relief.

adjust certain maximum school district tax rates.

# HB1141 Summary This bill increases the maximum property tax rates that school districts can levy on taxpayers, allowing them to collect more revenue for education without needing voter approval. The specific rate adjustments vary by school district type and fund category, giving districts additional flexibility to support their budgets.

repeal provisions regarding maximum taxes levied by a school district for capital outlay.

HB1139 removes the legal limits on how much property tax a school district can collect specifically for building and improving school facilities (capital outlay). Previously, South Dakota law capped these capital outlay taxes; this bill eliminates those caps, giving school districts more flexibility to fund construction and renovation projects without hitting a tax ceiling.

provide for the assessment of certain agricultural land as noncropland.

SB 112 allows certain agricultural land to be assessed and taxed as "noncropland" rather than cropland, which typically results in lower property tax values. The bill specifies which types of agricultural land qualify for this noncropland assessment, giving landowners potential tax savings if their property meets the criteria.

revise the property tax levies for the general fund of school districts and to revise the state aid to education formula.

SB179 adjusts how much property tax school districts can collect for their general operating funds and changes the formula that determines how much state money schools receive based on local wealth and enrollment. These changes alter the balance between local property taxes and state aid that funds South Dakota public schools.

make an appropriation to fund tax refunds for elderly persons and persons with a disability, to revise the income eligibility requirements for property and sales tax refunds, and to declare an emergency.

HB1256 increases funding to pay out tax refunds to elderly people and people with disabilities by appropriating money for that purpose. The bill also changes the income limits that determine who qualifies for property tax and sales tax refunds, making the requirements different than they currently are. The bill declares this an emergency measure, meaning it takes effect immediately rather than waiting for the standard July 1st date.

revise and enhance provisions regarding the taxation of park model homes.

SB165 revises how South Dakota taxes park model homes (small residential units often used in RV parks) by adjusting the valuation methods and tax treatment applied to these properties. The bill enhances tax provisions to provide clearer rules for assessing and taxing park model homes, potentially affecting both the tax rates owners pay and how local assessors determine property values for these units.