An Act to revise the requirements for content reported on a property tax bill.

Be it enacted by the Legislature of the State of South Dakota:

Section 1. That § 10-21-1.1 be AMENDED:

10-21-1.1. The treasurer shall mail or transmit electronically a written tax bill to each taxpayer against whom a property tax has been assessed. The property tax bill sent to each taxpayer may reflect the breakdown must provide, in fourteen-point font, a:

(1) Breakdown of the tax by each tax levies. However, the property tax bill shall at least provide a tax levy;

(2) Description of each levy, in fourteen-point font;

(3) Tax total for each taxing district; and

(4) Percentage change from the previous year in the tax total for each taxing district.

A definition shall must be provided for any each abbreviation used to describe any entity imposing a tax or special assessment. In fourteen-point font, the words "Property Tax Distribution Breakdown" must be placed immediately above the information required by subdivisions (1) to (4), inclusive, of this section.

The property tax bill shall also must separately state provide the amount of any taxes due as a result of a local decision to exceed the tax increase limits set forth in § 10-13-36 or 10-12-43 and shall must be marked by an asterisk. The notice shall must include the statement: "INDICATES A LOCAL DECISION TO OPT OUT OF THE PROPERTY TAX LIMITATION." If the local vote to increase taxes had not passed, the taxes would not have included the items marked with an asterisk (*).

If the treasurer does not mail the property tax receipts described in § 10-21-14, the treasurer shall must indicate in the property tax bill or a notice enclosed with the bill that the treasurer does not intend to send a receipt unless requested by the taxpayer. If the tax levy breakdown is not shown on the tax bill, the treasurer on the taxpayer's request shall provide a tax levy sheet to the taxpayer. The tax levy sheet shall contain must provide an example of the computation of the total tax for an individual.

The secretary of revenue the Department of Revenue shall prescribe a uniform form which shall that must be used by the treasurer for notification of taxpayers as required by this section.