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S.D. Codified Laws § 13-13-10.8

Assessed value of property in tax increment financing district created after June 30, 2018

Source: SL 2018, ch 70, § 2.

For purposes of this chapter, the assessed value of any real property in a tax increment financing district created pursuant to chapter 11-9 is the total assessed value of the real property as determined by the Department of Revenue pursuant to § 11-9-24, until the tax increment financing district ceases to exist as provided in § 11-9-46.

This section applies to tax increment financing districts created after June 30, 2018.

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