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Gov. Larry Rhoden wants to give county governments the option to implement a half-penny sales tax to go toward property tax relief.
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Elected state officials are hoping a new bill signed into law will limit taxable valuation growth in a handful of counties. Soon, some state lawmakers will embark on an interim study to reduce property taxes while looking at the state’s education funding formula.
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For the third time in four years, state lawmakers will study property taxes. While prior efforts focused on the state’s property tax structure, this one focuses on reducing owner-occupied taxes.
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Gov. Larry Rhoden says more needs to be done on property tax relief than was achieved the past three months during session.
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South Dakota lawmakers are passing a bill to temporarily soften the property tax pain some experience in the state. But some are looking for more permanent solutions through local spending cuts.
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South Dakota House lawmakers are passing Gov. Larry Rhoden’s bill to temporarily soften property tax burdens. The governor’s bill, which was also crafted by a working group of legislators this session, does several things.
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Three bills aimed at reducing owner occupied property taxes are advancing in the South Dakota Capitol.
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Three big proposals aimed at providing property tax relief are still in play in the South Dakota Legislative session. A lot is at play between the House and Senate chambers.
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South Dakota lawmakers are advancing three bills meant to keep property taxes down ahead of a crucial legislative deadline.
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The bill limits schools, counties and municipalities from raising taxes by 2.5 percent or inflation—whichever is less. Current law is three percent.