Changes to Existing Law
SB190 — Provide school choice through an education tax credit.
1 section modified+143-0
View:
§ 10-13
New Section+143
NEW SECTION added to Chapter 10-13
Any owner of property that is subject to taxation pursuant to chapter 10-4 may receive a property tax credit to be applied toward any property tax levied on the property for the school district in which the property is located. The reduction is based on education expenses the owner has incurred for any child who meets the following qualifications: (1) The child is at least five years old, but not older than eighteen years; and (2) The child is a kindergarten-through-twelfth-grade student in South Dakota enrolled in a nonpublic school or the child is receiving alternative instruction pursuant to § 13-27-3. Incurred, eligible education expenses for which a property tax credit may be received pursuant to this Act include tuition and school fees for any child enrolled in a nonpublic school, and the purchase of curriculum and other necessary educational materials and resources.