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S.D. Codified Laws § 10-13-48

Homeowner property tax reduction fund--Deposit of moneys

Source: SL 2026, ch 48, § 2, eff

Effective July 1, 2027

10-13-48. Homeowner property tax reduction fund--Deposit of moneys.

The treasurer shall deposit in the homeowner property tax reduction fund established in § 10-13-47, the applicable percent of taxes collected on or after August 1, 2027, pursuant to:

(1) Chapter 10-45;

(2) Chapter 10-46;

(3) Chapter 10-46E; and

(4) Chapter 10-58.

For purposes of this section, "applicable percent" means three-tenths percent divided by the tax rate provided for the taxes referenced in subdivisions (1) to (4), inclusive, of this section, as applicable.

Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.