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State of South Dakota
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NINETY-FIRST SESSION LEGISLATIVE ASSEMBLY, 2016 |
| 327X0265 | HOUSE BILL NO. 1101 |
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Introduced by: Representatives Otten (Herman) and Soli and Senators Fiegen, Heinert,
Shorma, and Sutton
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FOR AN ACT ENTITLED, An Act to authorize municipalities to create programs to encourage
housing development.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF SOUTH DAKOTA:
Section 1. That the code be amended by adding a NEW SECTION to read:
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF SOUTH DAKOTA:
Section 1. That the code be amended by adding a NEW SECTION to read:
Any municipality may rebate the municipal property taxes paid on housing that furthers the
municipality's housing goals. The municipality shall, by ordinance, develop a program that
provides for the type of housing that qualifies for the rebate, the length of time the rebate may
apply, and the criteria the housing shall meet in order to qualify for the rebate.
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100 copies were printed on recycled paper by the South Dakota Legislative Research Council at a cost of $.161 per page. |
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Insertions into existing statutes are indicated by underscores. Deletions from existing statutes are indicated by |
