2018 House Bill 1143 - Printed

State of South Dakota  
NINETY-THIRD SESSION
LEGISLATIVE ASSEMBLY, 2018  

534Z0592   HOUSE BILL   NO.  1143  

Introduced by:    Representatives Lesmeister, Ahlers, Brunner, Campbell, Hawley, Kettwig, Lake, Livermont, Marty, May, Ring, Schoenfish, and Steinhauer and Senators Maher, Kennedy, Rusch, and Youngberg
 

        FOR AN ACT ENTITLED, An Act to revise certain provisions regarding the tax exemption of certain school owned property.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF SOUTH DAKOTA:
    Section 1. That ยง 10-4-13 be amended to read:
    10-4-13. All property owned by any educational institution in this state as a school which is accredited or approved as a school by the accreditation division within the Department of Education, by the board of regents or by a nationally recognized accreditation service is exempt from taxation. However, if any such property consists of agricultural land or improved or unimproved municipal property not occupied by a certified teacher or directly used in carrying out the primary object of the educational institution owning the same, it shall be taxed the same as other property of the same class is taxed. However, if any such educational institution is operated for profit, this exemption applies only to that portion of property which is used exclusively for student housing, student and administrative parking and instructional or administrative purposes.


100 copies were printed on recycled paper by the South Dakota
Legislative Research Council at a cost of $.167 per page.
 
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Insertions into existing statutes are indicated by underscores.
Deletions from existing statutes are indicated by overstrikes.
 

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