South Dakota Codified Laws — Title 10 (Taxation)

SDCL § 10-3-41 — Median level of assessment to represent eighty-five percent of market value

The director of equalization shall make the necessary adjustments to the valuations before the notice of assessment pursuant to § 10-6-154 , so that the median level of assessment represents at least eighty-five percent of market value as determined by the Department of Revenue.

Last amended: Source: SL 1995, ch 57 , § 34; SL 1996, ch 73 , § 4A; SL 2003, ch 272 (Ex. Ord. 03-1), § 82; SL 2011, ch 1 (Ex. Ord. 11-1 ), § 161, eff. Apr. 12, 2011; SL 2021, ch 44 , § 44.

Source: official text