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South Dakota Codified Laws — Title 10 (Taxation)

SDCL § 10-4-24

Homestead exempt from state taxes--Description of homestead included in assessment statement--Apportionment of value

Official textsdlegislature.gov

The homestead as defined by law, except a homestead consisting of a mobile home, when owned and occupied by the owner and his family as a home at the time of assessment shall be exempt from any tax imposed by the Legislature to defray the expenses of the state, or to pay any deficiency thereof. Each person liable to assessment and taxation shall separately list his or her homestead, giving the exact description thereof at the time of the assessment and shall give to the director of equalization at the time of assessment a sworn statement in writing on a form prescribed by the secretary of revenue and provided by the county auditor setting forth the legal description of the premises claimed as the homestead, and in case such homestead is situated within a shop, store, or other building used for business purposes shall specifically set forth the exact description of the portion of such store, shop, or other building being used by the owner thereof as a dwelling, and the director of equalization shall divide the valuation so that the portion claimed as a homestead shall be listed and valued separately from the business portion of said premises and the county auditor of the county where such homestead is situated shall exclude such homestead from his total assessment in determining the amount of the state tax. Nothing herein shall be construed to exempt such homestead from any tax legally imposed for county, township, municipality, or school purposes.

Last amended: Source: SDC 1939, § 57.0311 (7); SL 1939, ch 262 ; SL 1972, ch 233 , § 1; SL 1989, ch 82 , § 41; SL 1992, ch 60 , § 2; SL 2003, ch 272 (Ex. Ord. 03-1), § 82; SL 2011, ch 1 (Ex. Ord. 11-1 ), § 161, eff. Apr. 12, 2011.

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In this chapter (40 sections)
  1. 10-4-2 · Definition of real property for ad valorem taxation purposes
  2. 10-4-3 · Assessment and description of land acquired by reliction
  3. 10-4-4 · Trees under Timber Culture Act not considered improvement
  4. 10-4-5 · Valuation of land containing artesian well
  5. 10-4-6 · 10-4-6. Repealed by SL 1992, ch 80, § 13
  6. 10-4-7 · Report of publicly owned property filed with secretary of…
  7. 10-4-8 · Property acquired for highway purposes exempt
  8. 10-4-9 · Property owned by religious society and used exclusively for…
  9. 10-4-10 · Agricultural land of charitable, benevolent and religious…
  10. 10-4-11 · Residential and mercantile property belonging to societies…
  11. 10-4-12 · Property of charitable, benevolent or religious society used…
  12. 10-4-13 · Educational institution property exempt--Exceptions
  13. 10-4-14 · Property of agricultural and horticultural societies exempt
  14. 10-4-15 · Application for exemption of business incubator, charitable,…
  15. 10-4-16 · Examination, recommendations, and determination of…
  16. 10-4-17 · Notice and hearing on preliminary determination of taxability…
  17. 10-4-18 · Appeal from county board determination that property is…
  18. 10-4-19 · Continuation of tax-exempt status of property--Annual…
  19. 10-4-20 · Permanent record and annual report of tax-exempt property
  20. 10-4-21 · Periodic review of tax-exempt property--Board action to…
  21. 10-4-22 · Effective date of change in tax-exempt status
  22. 10-4-23 · Tax-exempt and railroad property taxed to long-term lessee or…
  23. 10-4-24 · Homestead exempt from state taxes--Description of homestead…
  24. 10-4-25 · Cemetery lot exempt
  25. 10-4-26 · Exemption from property tax penalties of persons serving in…
  26. 10-4-27 · 10-4-27. Repealed by SL 1978, ch 72, § 30
  27. 10-4-28 · 10-4-28. Repealed by SL 1992, ch 80, § 17
  28. 10-4-29 · Repealed by SL 2012, ch 60, § 1
  29. 10-4-30 · Single-family dwellings of disabled or senior citizens…
  30. 10-4-31 · 10-4-31, 10-4-32. Repealed by SL 1997, ch 57, §§ 4, 5
  31. 10-4-35 · Wellness center defined--Taxable percentage
  32. 10-4-36 · 10-4-36 to 10-4-38. Repealed by SL 2010, ch 47, §§ 5 to 7
  33. 10-4-39 · Exemption of facility operated as a multi-tenant business…
  34. 10-4-40 · Partial exemption--Owner-occupied dwellings of certain…
  35. 10-4-41 · Partial exemption--Owner-occupied dwellings of surviving…
  36. 10-4-42 · Renewable resource defined
  37. 10-4-43 · Renewable energy facility defined
  38. 10-4-44 · Renewable energy facilities with less than five megawatts of…
  39. 10-4-45 · Renewable energy property not subject to discretionary…
  40. 10-4-46 · Labor union property used exclusively for educational purpose…
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