South Dakota · 2025 Regular Session · Bill

SB 216: reduce the growth in the assessed value of owner-occupied property, limit increases in certain property tax revenues, revise provisions regarding school district excess tax levies, and revise eligibility requirements for a property tax assessment freeze.

Enacted Last action March 13, 2025: Signed by the Governor on 2025-03-13 S.J. 533

Plain-language summary

SB 216 is a bill introduced in the South Dakota Senate on February 5, 2025. According to its official title, it concerns: reduce the growth in the assessed value of owner-occupied property, limit increases in certain property tax revenues, revise provisions regarding school district excess tax levies, and revise eligibility requirements for a property tax assessment freeze. Primary sponsor: State Affairs. Most recent recorded action (March 13, 2025): Signed by the Governor on 2025-03-13 S.J. 533.

Sponsors

Primary sponsor: State Affairs.