South Dakota has a law that limits how much property tax revenue most taxing districts can collect year-to-year, but this bill creates an exception for improvement districts (special districts that fund infrastructure like roads or water systems under Chapter 7-25A). Improvement districts will no longer be subject to the three-percent revenue cap that applies to other taxing districts for the years 2027-2031.
Taxation Tabled Passed, YEAS 6, NAYS 0. S.J. 17
Taxation Scheduled for hearing
First read in Senate and referred to Senate Taxation S.J. 180
Prime sponsor · Sen.
R
Taxation — Tabled