South Dakota legislation · 101st Legislature (2026)
South Dakota SB126: increase the amount of value exempt from property taxes under a tax relief program for disabled veterans and surviving spouses.
Status: In committee, February 20, 2026
What the bill says
An Act to increase the amount of value exempt from property taxes under a tax relief program for disabled veterans and surviving spouses.
From the engrossed text, February 11, 2026:
An Act to increase the amount of value exempt from property taxes under a tax relief program for disabled veterans and surviving spouses. Be it enacted by the Legislature of the State of South Dakota: Section 1. That § 10-4-40 be AMENDED: 10-4-40. [DELETED: Two ] [ADDED: Three ] hundred thousand dollars of the full and true value of [DELETED: the total amount of] a dwelling [ADDED: ,] or portion thereof [ADDED: ,] classified as owner-occupied pursuant to §§ 10-13-39 to 10-13-40.4, inclusive, that is owned and occupied by a veteran who is rated as permanently and totally disabled from a service-connected disability [ADDED: ,] is exempt from property taxation. The veteran shall apply for this partial exemption on a form prescribed by the secretary of [DELETED: revenue] [ADDED: the Department of Revenue] . Any application or supporting document for this exemption is confidential. [DELETED: Any] [ADDED: A] veteran who would otherwise qualify for this exemption but fails to comply with the application deadline for the owner-occupied classification or the deadline for application for this exemption may petition the board of county commissioners to recalculate the taxes based upon the owner-occupied classification and this exemption and abate or refund the difference in taxes pursuant to chapter 10-18. If the director of equalization determines that the veteran receives an exemption for …
Sponsors
- Joy Hohn (R, SD-009) · primary sponsor
- Tony Kayser (R, HD-014) · primary sponsor
- Jessica Bahmuller (R, HD-019)
- Timothy Goodwin (R, HD-030)
- Amber Hulse (R, SD-030)
- Phil Jensen (R, 33)
- Lauren Nelson (R, SD-018)
- Carl Perry (R, 03)
- Tesa Schwans (R, HD-009)
Latest actions
- : Do Pass Amended
- : Referred to Senate
- : Referred to Committee on Appropriations
- : Do Pass Amended
- : Motion to amend
- : Scheduled for hearing
- : Scheduled for hearing
- : Scheduled for hearing
- : First read in Senate and referred to Taxation
Votes
- Do Pass Amended (February 6, 2026): 14 yea, 20 nay, failed
- Do Pass Amended (February 6, 2026): 5 yea, 0 nay, passed
Subjects: Property Tax, Taxation, Tax Exemptions and Refunds
Common questions
- What is SB126?
- SB126 is a bill in the South Dakota Legislature (101st Legislature (2026)): increase the amount of value exempt from property taxes under a tax relief program for disabled veterans and surviving spouses.
- What does SB126 do?
- In its own words: An Act to increase the amount of value exempt from property taxes under a tax relief program for disabled veterans and surviving spouses.
- What is the status of SB126?
- In committee as of February 20, 2026. Latest action: Do Pass Amended (February 20, 2026).
- Who sponsored SB126?
- Joy Hohn (R, SD-009), with 8 co-sponsors.
- Where is the official record for SB126?
- On the South Dakota Legislature website: https://sdlegislature.gov/Session/Bill/26974
Source: official South Dakota record. Tracked by Delilah, AI for legislation across all 50 states and Congress.