This bill temporarily increases the cap on how much property tax revenue certain South Dakota taxing districts can collect from improvements and land-use changes, raising the limit from 3% to 5% for the years 2027 through 2031. After 2031, the limit returns to 3%, unless the bill is extended.
AI-generated summary
Senate Do Pass Amended Failed, YEAS 18, NAYS 16. S.J. 275
Senate Motion to amend Passed, YEAS 18, NAYS 16.
Senate Deferred to another day S.J. 231
Senate Deferred to another day S.J. 222
Senate Deferred to another day S.J. 177
Senate Deferred to another day S.J. 169
Senate Deferred to another day S.J. 156
Senate Deferred to another day S.J. 147
Taxation Do Pass Passed, YEAS 6, NAYS 1. S.J. 5
Taxation Scheduled for hearing
First read in Senate and referred to Senate Taxation S.J. 67
Prime sponsor · Rep
R
Dist. HD-002
Prime sponsor · Sen
R
Dist. SD-031
cosponsor · Sen
R
Dist. SD-022
cosponsor · Sen
R
Dist. SD-006
cosponsor · Rep
R
Dist. HD-029
cosponsor · Rep
R
Dist. HD-004
Timothy Goodwin
cosponsor · Rep
R
Dist. HD-030
Motion to amend
Do Pass Amended
Do Pass
Do Pass