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State of South Dakota

EIGHTYFIRST SESSION
LEGISLATIVE ASSEMBLY,
2006

177M0188

HOUSE BILL
NO.
1060

Introduced by:
Representatives Rhoden and Hargens and Senators Bogue and Moore

FOR AN ACT ENTITLED, An Act to
revise the property tax levies for the general fund and the
special education tax levy of a school district.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF SOUTH DAKOTA:
Section
1.
That
§
101242
be amended to read as follows:
101242.
For taxes payable in
2006
2007
and each year thereafter, the levy for the general
fund of a school district shall be as follows:
(1)
The maximum tax levy shall be
eleven
ten
dollars
and ninetynine cents
per thousand
dollars of taxable valuation subject to the limitations on agricultural property as
provided in subdivision (2) of this section, owneroccupied property as provided for
in subdivision (3) of this section, and nonagricultural acreage property as provided
for in subdivision (4) of this section;
(2)
The maximum tax levy on agricultural property for such school district shall be three
dollars and
nineteen
eighteen
cents per thousand dollars of taxable valuation. If the
district's levies are less than the maximum levies as stated in this section, the levies
shall maintain the same proportion to each other as represented in the mathematical
relationship at the maximum levies;
(3)
The maximum tax levy for an owneroccupied singlefamily dwelling as defined in
§ 101340, for such school district may not exceed five dollars and
thirteen
twelve
cents per thousand dollars of taxable valuation. If the district's levies are less than the
maximum levies as stated in this section, the levies shall maintain the same
proportion to each other as represented in the mathematical relationship at the
maximum levies; and
(4)
The maximum tax levy on nonagricultural acreage property as defined in § 106
33.14, for such school district shall be four dollars and
nineteen
eighteen
cents per
thousand dollars of taxable valuation. If the district's levies are less than the
maximum levies as stated in this section, the levies shall maintain the same
proportion to each other as represented in the mathematical relationship at the
maximum levies.
All levies in this section shall be imposed on valuations where the median level of
assessment represents eightyfive percent of market value as determined by the Department of
Revenue and Regulation. These valuations shall be used for all school funding purposes. If the
district has imposed an excess levy pursuant to § 101243, the levies shall maintain the same
proportion to each other as represented in the mathematical relationship at the maximum levies
in this section. The school district may elect to tax at less than the maximum amounts set forth
in this section.
Section
2.
That subdivision (19) of
§
133735.1
be amended to read as follows:
(19)
"Effort factor," the school district's special education tax levy in dollars per thousand
divided by
$1.20
$1.19
. The maximum effort factor is 1.0.