South Dakota is changing how land qualifies for agricultural property tax classification by raising the minimum income threshold from $2,500 to at least 10% of the bare land's taxable value, meaning landowners must now generate significantly more agricultural income to receive the lower tax rate. The bill also clarifies that land must meet these income requirements in at least three of the previous five years and specifies how to count income when multiple parties farm the same land.
Signed by the Governor H.J. 570
Delivered to the Governor H.J. 530
Signed by the President S.J. 445
Signed by the Speaker H.J. 488
House of Representatives Concurred in amendments Passed, YEAS 68, NAYS 1. H.J. 459
Senate Do Pass Amended Passed, YEAS 28, NAYS 7. S.J. 368
Taxation Do Pass Amended Passed, YEAS 5, NAYS 2. S.J. 1
Taxation Motion to amend S.J. 1
Taxation Scheduled for hearing S.J. 1
First read in Senate and referred to Senate Taxation S.J. 208
House of Representatives Do Pass Amended Passed, YEAS 41, NAYS 27. H.J. 228
House of Representatives Motion to amend H.J. 227
House of Representatives Reconsidered Passed, YEAS 44, NAYS 26. H.J. 223
House of Representatives Intent to reconsider H.J. 218
House of Representatives Do Pass Amended Failed, YEAS 34, NAYS 35. H.J. 218
Taxation Do Pass Amended Passed, YEAS 10, NAYS 2.
Taxation Motion to amend
Taxation Motion to amend
Taxation Scheduled for hearing
First read in House and referred to House Taxation H.J. 119
Kirk Chaffee
Prime sponsor · Rep.
R
Cosponsors
Concurred in amendments
Do Pass Amended
Taxation — Do Pass Amended
Reconsidered
Do Pass Amended
Do Pass Amended
Taxation — Do Pass Amended