South Dakota seniors age 65 and older with household income of $100,000 or less can now claim a property tax exemption on up to $100,000 of their home's value. The income threshold automatically increases each January 1st based on the cost-of-living index to keep pace with inflation. Seniors must apply annually with the county treasurer by April 1st and provide proof of age and income to qualify.
This bill does not directly amend codified state law.
Senate Withdrawn at the Request of the Prime Sponsor S.J. 278
First read in Senate and referred to Senate Taxation S.J. 182
Julie Frye-Mueller
Prime sponsor · Sen.
R
Cosponsors