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South Dakota Codified Laws — Title 10 (Taxation)

SDCL § 10-6-114

Criteria for qualifying for tax freeze on agricultural property of beginning farmer

Official textsdlegislature.gov

The tax freeze in § 10-6-113 may be applied to agricultural property classified pursuant to § 10-6-110 if the following criteria are met:

# (1)

The owner of the property is a beginning farmer who has never before owned agricultural land;

# (2)

The property does not exceed one hundred sixty acres or one - half of the median - sized farm in the county as determined by the board of commissioners, whichever is greater;

# (3)

The beginning farmer works on and operates the farm;

# (4)

At least half of the beginning farmer's gross income is derived from agriculture;

# (5)

The property has not been subject to a beginning farmer's tax freeze for at least twenty years prior to the purchase date.

Last amended: Source: SL 1994, ch 81 , § 2; SDCL § 10-6-31.5; SL 2021, ch 44 , § 44.

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In this chapter (40 sections)
  1. 10-6-70 · 10-6-70. Transferred to § 10-21-36
  2. 10-6-71 · 10-6-71. Transferred to § 10-21-37
  3. 10-6-72 · 10-6-72. Transferred to § 10-21-38
  4. 10-6-73 · 10-6-73. Transferred to § 10-21-39
  5. 10-6-74 · 10-6-74. Repealed by SL 2008, ch 44, § 4, eff. July 1, 2014
  6. 10-6-75 · Transferred to § 10-6-155
  7. 10-6-78 · Transferred to § 10-6-157
  8. 10-6-101 · Definition of terms
  9. 10-6-102 · Mill levy defined--Substitution
  10. 10-6-103 · One mill defined--Substitution
  11. 10-6-104 · Fair market value and full and true value defined
  12. 10-6-105 · Period during which assessment made--Date of assessment
  13. 10-6-106 · Leased school lands classified separately--Assessment date…
  14. 10-6-107 · Reserved
  15. 10-6-108 · Statement of real property required of taxpayers
  16. 10-6-109 · Viewing of property--Inspection of records--Recording…
  17. 10-6-110 · Classification of property--Notation by director
  18. 10-6-111 · Agricultural land taxed without regard to zoning
  19. 10-6-112 · Classification of agricultural land--Criteria
  20. 10-6-113 · Property tax freeze authorized for agricultural property of…
  21. 10-6-114 · Criteria for qualifying for tax freeze on agricultural…
  22. 10-6-115 · State-owned public shooting area or game production area…
  23. 10-6-116 · Agricultural land--Riparian buffer strip…
  24. 10-6-117 · Agricultural land--Riparian buffer strip…
  25. 10-6-118 · Penalty for misrepresentation of agricultural land as…
  26. 10-6-119 · Basis for determining valuation for tax purposes--Cost,…
  27. 10-6-120 · Property not used for agriculture separately assessed
  28. 10-6-121 · Minimum and maximum median sales to assessment ratio
  29. 10-6-122 · Maximum coefficient of dispersion
  30. 10-6-123 · Distinction between agricultural and nonagricultural real…
  31. 10-6-124 · Promulgation of rules--Purposes
  32. 10-6-125 · Assessed value of inundated farmlands--Classification
  33. 10-6-126 · Request for special assessment for inundated farmland--Time…
  34. 10-6-127 · Agricultural land to be assessed based on agricultural…
  35. 10-6-128 · Agricultural income value--Determination--Database of…
  36. 10-6-129 · Factors used for percentage of annual earning capacity
  37. 10-6-130 · Soil classification--Land categorization--Director…
  38. 10-6-131 · Agricultural income value for county--Assessed value…
  39. 10-6-132 · Classification of buildings and structures
  40. 10-6-133 · Fair market value of agricultural land
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