authorize the secretary of revenue to contract with certain entities for purposes of maintaining a database to determine agricultural income value and to specify the mandatory and permissive data of the database.
An Act to authorize the secretary of revenue to
contract with certain entities for purposes of maintaining a database
to determine agricultural income value and to specify the mandatory
and permissive data of the database.
by the Legislature of the State of South Dakota:
That § 10-6-33.29 be AMENDED:
Agricultural income value--Determination--Database of cropland
The In order to determine the agricultural income
value of agricultural land by county, the secretary of revenue,
with the consent of the Agricultural Land Assessment Implementation
and Oversight Advisory Task Force, shall enter into
contracts annually contract with
South Dakota State University and, if necessary, the South Dakota
Agricultural Statistics Service one or more qualified
entities for the purpose of creating
maintaining a database to determine the agricultural
income value of agricultural land by county, consisting
of eight consecutive years of cropland data and noncropland data.
The data for the year representing the highest agricultural income
value among the eight years and the year representing the lowest
agricultural income among the eight years shall be disregarded for
valuation purposes. For each assessment year, the first year of the
eight-year data period shall be the year that is nine years less than
the assessment year.
The cropland data
may must include :
acres planted, acres harvested, yield per acre, and statewide crop
prices. The noncropland data may must
include : cash rents, rangeland acres, pastureland
acres, and statewide cow and calf prices. The following
noncropland data may also be included: rangeland AUM's
animal unit months per acre, pastureland AUM's
animal unit months per acre, and grazing season data ,
and statewide cow and calf prices.
The Agricultural Land Assessment Implementation and Oversight
Advisory Task Force may recommend other cropland and noncropland data
to the Legislature for subsequent use in the database. The secretary
shall have such data collected for 2001, which will serve as the
first year of the database, and each year thereafter. The database
shall consist of the most recent eight years of data that have been
collected and the two years, one year representing the highest
agricultural income value and one year representing the lowest
agricultural income value, shall be discarded from the database. The
database for the 2010 assessment for taxes payable in 2011 shall
consist of data from 2001 to 2008, inclusive, and the database for
each assessment year thereafter shall be adjusted accordingly. South
Dakota State University Qualified entities contracting
with the secretary of revenue under this section shall provide
the data for each county to the secretary of revenue by June first of
For purposes of this section, a qualified entity is a federal or
state agency, instrumentality, institution of higher learning, and
other federal or state authority with expertise in researching or
evaluating land production capacity.
Catchlines are not law.
(§ 2-16-13.1) Underscores
indicate new language.
indicate deleted language.