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Senate advances two property-tax measures aimed at slowing assessment growth and providing relief
Summary
The South Dakota Senate passed two major property‑tax measures intended to limit rapid assessment increases for owner‑occupied homes: SB 191 (35–0) and the governor’s package SB 216 (30–5, as amended).
Lawmakers on the South Dakota Senate floor passed multiple measures on property taxes designed to limit sudden assessment increases and expand eligibility for relief.
Senate Bill 191, sponsored by Senator Hulse, passed by a recorded vote of 35 yeas and 0 nays. The bill reduces the growth in assessed values of owner‑occupied property by capping annual increases — sponsors described the cap as a 3% maximum annual increase for owner‑occupied assessments for a specified period — and contains provisions to treat renovations and new construction so improvements above specified thresholds are…
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