SB245

Create the homeowner property tax reduction fund, and to transfer moneys to the homeowner property tax reduction fund.

Complete·3/30/26

Establishes the homeowner property tax reduction fund and authorizes transfers of moneys to it.

South Dakota SB245 creates the homeowner property tax reduction fund. The bill allows for the transfer of moneys to this fund. The fund aims to reduce property taxes for homeowners in South Dakota. It provides a mechanism for financial support to lower property tax burdens for eligible residents.

Included in complete analysis

  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Sponsors

0
0
Democratic CaucusRepublican Caucus

Roll Call Votes

20 Yea

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13 Nay

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2 Absent

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Calendar

Mar 4

12:00 AM

House State Affairs Hearing

Mar 2

12:00 AM

House State Affairs Hearing

History

Mar 30

Senate

Signed by the Governor on March 30, 2026 S.J. 548

Mar 12

Senate

Signed by the President S.J. 528

Mar 12

House

Signed by the Speaker H.J. 570