South Dakota legislation · 100th Legislature (2025)
South Dakota SB191: limit annual valuation increases on owner-occupied single-family dwellings and provide an exception for mill rate limitations on taxing districts.
Status: In committee, March 10, 2025
What the bill says
An Act to limit annual valuation increases on owner-occupied single-family dwellings and provide an exception for mill rate limitations on taxing districts.
From the engrossed text:
An Act to limit annual valuation increases on owner-occupied single-family dwellings and provide an exception for mill rate limitations on taxing districts. Be it enacted by the Legislature of the State of South Dakota: Section 1. [ADDED: The Legislature finds that the principles established in Nordlinger v. Hahn, 505 U.S. 1 (1992), affirm the constitutionality of basing property tax assessments on the purchase price of property rather than current market value, for the purpose of protecting homeowners from unexpected hikes and escalating real estate values impacting the reliance interests in their homes. This Act is intended to stabilize property taxes for homeowners of this state, while ensuring compliance with equal protection guarantees under the United States Constitution.] Section 2. That § 10-6-105 be AMENDED: 10-6-105. All real property subject to taxation [DELETED: shall] [ADDED: must] be listed and assessed annually, but the value of [DELETED: such] [ADDED: the] property is to be determined according to its value on the first day of November preceding the assessment [ADDED: , while the value of any owner-occupied single-family dwelling is subject to the value limitations provided in sections 3 and 4 of this Act] . Section 3. That chapter 10-6 be amended with a NEW SECTION: [ADDED: For purposes of this section, "base amount" means:] [ADDED: (1) The fair market value of any …
Sponsors
- Amber Hulse (R, SD-030) · primary sponsor
- Jack Kolbeck (R, HD-013) · primary sponsor
- Bobbi Andera (R, HD-010)
- Goodwin, Tim (R, 30)
- Taffy Howard (R, 34)
- Trish Ladner (R, HD-030)
- Peterson, Sue (R, 13)
- John Sjaarda (R, HD-002)
Latest actions
- : Do Pass Amended
- : Do Pass Amended
- : Motion to amend
- : Scheduled for hearing
- : First read in House and referred to State Affairs
- : Do Pass Amended
- : Motion to amend
- : Do Pass Amended
- : Motion to amend
- : Scheduled for hearing
Votes
- Do Pass Amended (March 10, 2025): 7 yea, 62 nay, failed
- Do Pass Amended (March 5, 2025): 7 yea, 6 nay, passed
- Do Pass Amended (February 25, 2025): 35 yea, 0 nay, passed
- Do Pass Amended (February 21, 2025): 6 yea, 0 nay, passed
Subjects: Property Tax, Taxation, Tax Relief
Common questions
- What is SB191?
- SB191 is a bill in the South Dakota Legislature (100th Legislature (2025)): limit annual valuation increases on owner-occupied single-family dwellings and provide an exception for mill rate limitations on taxing districts.
- What does SB191 do?
- In its own words: An Act to limit annual valuation increases on owner-occupied single-family dwellings and provide an exception for mill rate limitations on taxing districts.
- What is the status of SB191?
- In committee as of March 10, 2025. Latest action: Do Pass Amended (March 10, 2025).
- Who sponsored SB191?
- Amber Hulse (R, SD-030), with 7 co-sponsors.
- Where is the official record for SB191?
- On the South Dakota Legislature website: https://sdlegislature.gov/Session/Bill/25925
Source: official South Dakota record. Tracked by Delilah, AI for legislation across all 50 states and Congress.