| Old | New | Differences | |
|---|---|---|---|
| 1 | 1 | 25.612.18 100th Legislative Session 141 | |
| 2 | 2 | ||
| 3 | 3 | ||
| 4 | 4 | 2025 South Dakota Legislature | |
| 5 | 5 | Senate Bill 141 | |
| 6 | 6 | ||
| 7 | 7 | ||
| 8 | 8 | ||
| 9 | 9 | ||
| 10 | 10 | ||
| 11 | 11 | ||
| 12 | 12 | Introduced by: Senator Howard | |
| 13 | 13 | ||
| 14 | 14 | Underscores indicate new language. | |
| 15 | 15 | Overstrikes indicate deleted language. | |
| 16 | 16 | An Act to distinguish between new construction and improvements to existing 1 | |
| 17 | 17 | structures for purposes of calculating increases in revenue payable from 2 | |
| 18 | 18 | property taxes. 3 | |
| 19 | 19 | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF SOUTH DAKOTA: 4 | |
| 20 | 20 | Section 1. That a NEW SECTION be added to chapter 10-13: 5 | |
| 21 | 21 | For purposes of § 10-13-35, the increase in taxable value from the improvement 6 | |
| 22 | 22 | of real property does not include additions to, or improvements of, existing structures 7 | |
| 23 | 23 | affixed to land. 8 | |
| 24 | 24 | Section 2. That a NEW SECTION be added to chapter 13-16: 9 | |
| 25 | 25 | For purposes of § 13-16-7, the increase in taxable value from the improvement of 10 | |
| 26 | 26 | real property does not include additions to, or improvements of, existing structures affixed 11 | |
| 27 | 27 | to land. 12 |