Taxation

revise and reorganize certain provisions regarding the assessment of property for the purposes of taxation.

remove certain restrictions on gifts of agricultural land.

authorize, regulate, and tax wagering on sporting events within the city limits of Deadwood and provide a penalty for a violation thereof.

exempt individuals who make purchases outside of South Dakota from use tax.

establish a fund to assist counties with paying certain expenditures.

establish the Re-Homestead South Dakota Program.

impose a tax on the gross receipts of ambulatory surgery centers and surgical specialty hospitals, provide a penalty for a violation thereof, and to declare an emergency.

modify the contractor's excise tax rate on the new construction of certain residential dwellings.

provide for the platting of certain land without infrastructure requirements.

redefine the criteria for classifying land as agricultural for tax purposes.

revise the property tax exemption amount for certain agricultural property.

repeal the registration requirements for certain amusement devices.

revise certain requirements for contesting certificates of assessment.

revise certain references to the Internal Revenue Code.

repeal obsolete provisions and revise statutory cross-references for the energy minerals severance tax, state and municipal sales taxes, contractor's excise tax, alcohol licenses, and gaming tax.