SB44EnactedAppropriations
Modify tax refunds for elderly persons and persons with a disability, to make an appropriation therefor, and to declare an emergency.
South Dakota's property tax refund program for elderly people and people with disabilities will increase income limits and refund percentages across all income brackets. For example, the income thresholds are being raised (such as from $10,038 to $10,566 for the highest refund tier), allowing more people to qualify for refunds, and the refund percentages themselves are being increased at most income levels. The bill also appropriates state funds to cover the cost of these expanded refunds.