HB 1259 clarifies and refines the rules that assessors use when calculating property values for tax purposes under South Dakota's discretionary formula. The bill makes technical adjustments to the existing law to ensure the assessed value calculation process is clearer and more consistently applied. This helps ensure property owners and local governments have a better understanding of how property taxes are determined.
Signed by the Governor H.J. 629
Delivered to the Governor H.J. 552
Signed by the President S.J. 475
Signed by the Speaker H.J. 535
Senate Do Pass Amended Passed, YEAS 35, NAYS 0. S.J. 437
Senate Do Pass Amended Passed, YEAS 35, NAYS 0. S.J. 437
Taxation Certified uncontested, placed on consent
Taxation Do Pass Passed, YEAS 6, NAYS 0.
Taxation Scheduled for hearing
First read in Senate and referred to Senate Taxation S.J. 385
House of Representatives Do Pass Amended Passed, YEAS 64, NAYS 1. H.J. 421
House of Representatives Do Pass Amended Passed, YEAS 64, NAYS 1. H.J. 423
Taxation Motion to amend
Taxation Certified uncontested, placed on consent
Taxation Do Pass Amended Passed, YEAS 12, NAYS 0.
Taxation Motion to amend
Taxation Scheduled for hearing
Taxation Scheduled for hearing
House of Representatives Referred to House Taxation H.J. 242
First Reading House H.J. 210
Kirk Chaffee
Prime sponsor · Rep.
R
Cosponsors
Taxation — Do Pass
Do Pass Amended
Taxation — Do Pass Amended