South Dakota legislation · 100th Legislature (2025)
South Dakota HB1235: reduce a limit on the annual increases of property tax revenues payable to certain taxing districts, and to subject school districts to a limit on property taxes collected in a year.
Status: Failed, March 10, 2025
What the bill says
An Act to reduce a limit on the annual increases of property tax revenues payable to certain taxing districts, and to subject school districts to a limit on property taxes collected in a year.
From the engrossed text:
An Act to reduce a limit on the annual increases of property tax revenues payable to certain taxing districts, and to subject school districts to a limit on property taxes collected in a year. Be it enacted by the Legislature of the State of South Dakota: Section 1. That § 10-13-35 be AMENDED: 10-13-35. [DELETED: This section does not apply to school districts. For taxes payable in 1997, and each year thereafter, ] [DELETED: the] [ADDED: The] total amount of revenue payable from taxes on real property within a taxing district [DELETED: , excluding the levy pursuant to § 10-13-36,] may increase no more than the lesser of [DELETED: three] [ADDED: two and one-half] percent or the index factor, as defined in § 10-13-38, over the amount of revenue payable from taxes on real property in the preceding year [DELETED: , excluding the amount of taxes levied pursuant to § 10-13-36] . [ADDED: This section does not apply to the amount of taxes levied pursuant to §§ 10-12-43, 10-13-36, 13-16-7, 13-16-7.2, 13-16-7.3, 13-16-10, and 13-37-16.] After applying the index factor, a taxing district may increase the revenue payable from taxes on real property above the limitations provided by this section by the percentage increase of value resulting from any improvements or change in use of real property, annexation, minor boundary …
Sponsors
- Greg Jamison (R, HD-012) · primary sponsor
- Leslie Heinemann (R, HD-025)
- Scott Odenbach (R, HD-031)
- Bethany Soye (R, HD-009)
Latest actions
- : Do Pass Amended
- : Deferred to another day
- : Do Pass
- : Scheduled for hearing
- : First read in Senate and referred to Taxation
- : Do Pass Amended
- : Do Pass Amended
- : Motion to amend
- : Scheduled for hearing
- : First read in House and referred to State Affairs
Votes
- Do Pass Amended (March 10, 2025): 13 yea, 21 nay, failed
- Do Pass (March 5, 2025): 6 yea, 0 nay, passed
- Do Pass Amended (February 25, 2025): 39 yea, 31 nay, passed
- Do Pass Amended (February 21, 2025): 9 yea, 3 nay, passed
Subjects: Property Tax, Taxation, Tax Relief
Common questions
- What is HB1235?
- HB1235 is a bill in the South Dakota Legislature (100th Legislature (2025)): reduce a limit on the annual increases of property tax revenues payable to certain taxing districts, and to subject school districts to a limit on property taxes collected in a year.
- What does HB1235 do?
- In its own words: An Act to reduce a limit on the annual increases of property tax revenues payable to certain taxing districts, and to subject school districts to a limit on property taxes collected in a year.
- What is the status of HB1235?
- Failed as of March 10, 2025. Latest action: Do Pass Amended (March 10, 2025).
- Who sponsored HB1235?
- Greg Jamison (R, HD-012), with 3 co-sponsors.
- Where is the official record for HB1235?
- On the South Dakota Legislature website: https://sdlegislature.gov/Session/Bill/26127
Source: official South Dakota record. Tracked by Delilah, AI for legislation across all 50 states and Congress.