Reduces property tax levies to zero mills in South Dakota.

South Dakota SB58 reduces property tax levies to zero mills for various purposes, including school districts, fire protection, road maintenance, and other county services. The bill amends multiple sections to set the tax rate at zero dollars per thousand dollars of taxable valuation, effectively eliminating these property taxes. The changes apply to taxes payable starting in 2026.

Reduces property tax levies to zero mills in South Dakota.

South Dakota SB58 reduces property tax levies to zero mills for various purposes, including school districts, fire protection, road maintenance, and other county services. The bill amends multiple sections to set the tax rate at zero dollars per thousand dollars of taxable valuation, effectively eliminating these property taxes. The changes apply to taxes payable starting in 2026.