South Dakota school districts will collect less property tax starting in 2024 under new, lower maximum levy rates. The general fund levy drops from $6.98 to $5.98 per thousand dollars of valuation, agricultural property levies decrease from $1.36 to $1.29 per thousand dollars, and owner-occupied home levies fall from $3.48 to $2.89 per thousand dollars. These changes reduce the maximum amount schools can collect through property taxes while maintaining the same proportional relationship between the three property categories.
Signed by the Governor S.J. 494
Delivered to the Governor S.J. 491
Signed by the Speaker H.J. 544
Signed by the President S.J. 491
House of Representatives Do Pass Passed, YEAS 68, NAYS 2. H.J. 540
First read in House and referral to committee waived pursuant to JR 6D-1 H.J. 541
Senate Do Pass Amended Passed, YEAS 32, NAYS 0. S.J. 486
Committee on Appropriations Do Pass Amended Passed, YEAS 17, NAYS 1. J. 30
Committee on Appropriations Motion to amend J. 30
Committee on Appropriations Scheduled for hearing J. 2
Committee on Appropriations Scheduled for hearing J. 2
Education Referred to Joint Committee on Appropriations Passed, YEAS 6, NAYS 0.
Education Scheduled for hearing
First read in Senate and referred to Senate Education S.J. 13
Committee on Appropriations — Do Pass Amended
Committee on Appropriations — Do Pass Amended
Committee on Appropriations — Do Pass
Education — Referred to