South Dakota legislation · 101st Legislature (2026)
South Dakota SB207: require a vote to approve the creation of certain tax increment financing districts.
Status: In committee, February 18, 2026
What the bill says
An Act to require a vote to approve the creation of certain tax increment financing districts.
From the introduced text, February 1, 2026:
An Act to require a vote to approve the creation of certain tax increment financing districts. Be it enacted by the Legislature of the State of South Dakota: Section 1. That § 11-9-5 be AMENDED: 11-9-5. To [DELETED: establish] [ADDED: create] a district, the governing body must adopt a resolution that: (1) Describes the boundaries of [DELETED: a] [ADDED: the] district with sufficient definiteness to identify with ordinary and reasonable certainty the territory included. The boundaries may not split a whole unit of property that is being used for a single purpose; (2) [DELETED: Creates the district on ] [ADDED: Specifies ] a given date [ (3) Includes a finding that the assessed value of the taxable property in the district plus the tax increment base of all other existing districts does not exceed ten percent of the total assessed value of all taxable property in the political subdivision; and (4) Assigns a name to the district for identification purposes. The first district created in each political subdivision must be known as "Tax Increment Financing District Number One, City (or Town, or County) of __________." Each subsequently created district must be assigned the next consecutive number. [ADDED: A resolution adopted under this section is subject to a referendum under the provisions of section 2 of this Act] Section 2. That …
Sponsors
- Mykala Voita (R, SD-021) · primary sponsor
- Aaron Aylward (R, HD-006)
- Taffy Howard (R, 34)
- Jana Hunt (R, HD-028)
Latest actions
- : Withdrawn at the Request of the Prime Sponsor
- : Scheduled for hearing
- : First read in Senate and referred to Local Government
Subjects: Ballot Measures, Elections, Tax Increment Financing Districts, Planning, Zoning and Housing Programs
Common questions
- What is SB207?
- SB207 is a bill in the South Dakota Legislature (101st Legislature (2026)): require a vote to approve the creation of certain tax increment financing districts.
- What does SB207 do?
- In its own words: An Act to require a vote to approve the creation of certain tax increment financing districts.
- What is the status of SB207?
- In committee as of February 18, 2026. Latest action: Withdrawn at the Request of the Prime Sponsor (February 18, 2026).
- Who sponsored SB207?
- Mykala Voita (R, SD-021), with 3 co-sponsors.
- Where is the official record for SB207?
- On the South Dakota Legislature website: https://sdlegislature.gov/Session/Bill/27091
Source: official South Dakota record. Tracked by Delilah, AI for legislation across all 50 states and Congress.