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South Dakota Codified Laws — Title 10 (Taxation)

SDCL § 10-6A-3

Ceiling on market value of dwelling--Exceptions--Value increased by index factor

Official textsdlegislature.gov

This chapter does not apply to a single-family dwelling with a full and true market value of five hundred thousand dollars or more unless the applicant has received the freeze on assessments in a preceding year on the single-family dwelling. Beginning on January 1, 2026, the eligibility qualification value of the single-family dwelling provided in this section shall be annually increased by an index factor. The index factor is the annual percentage change in the consumer price index for urban wage earners and clerical workers as computed by the Bureau of Labor Statistics of the United States Department of Labor for the year before the year immediately preceding the year of adjustment or the annual percentage change in federal social security payments for the preceding year, whichever is greater.

Last amended: Source: SL 1980, ch 74 , § 3; SL 1984, ch 65 , § 2; SL 1996, ch 64 ; SL 2004, ch 82 , § 2, eff. Feb. 12, 2004; SL 2007, ch 47 , § 1; SL 2022, ch 30 , § 3; SL 2025, ch 46 , § 5.

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In this chapter (40 sections)
  1. 10-6-141 · Boundaries of redevelopment neighborhood
  2. 10-6-142 · Standards for redevelopment neighborhood property within…
  3. 10-6-143 · Classification of certain residential property
  4. 10-6-144 · Valuation of certain residential property
  5. 10-6-145 · Unrecorded improvements to real property--Notification of…
  6. 10-6-146 · Improvements to which provisions not applicable--Petition…
  7. 10-6-147 · Petition for reversal of director's decision--Notice and…
  8. 10-6-148 · Railroad and highway rights-of-way deducted in valuing land
  9. 10-6-149 · Real estate list included in assessment lists, rolls, and…
  10. 10-6-150 · Form for real estate list
  11. 10-6-151 · Equalization director's affidavit attached to real estate…
  12. 10-6-152 · Records of county auditor or treasurer authorized as tax…
  13. 10-6-153 · Delivery of updated records to boards of equalization--Open…
  14. 10-6-154 · Notice of assessment--Required information--Promulgation of…
  15. 10-6-155 · Notice to real property owners of certain increases in…
  16. 10-6-156 · Counties not in compliance--Basis of request for and…
  17. 10-6-157 · Consideration of federal income tax credits in assessing…
  18. 10-6-158 · Owner-occupied single-family dwellings--Total assessed…
  19. 10-6A-1 · Definition of terms
  20. 10-6A-2 · Assessment freeze--Single-family dwellings--Conditions…
  21. 10-6A-3 · Ceiling on market value of dwelling--Exceptions--Value…
  22. 10-6A-4 · Annual application for assessment freeze--Filing…
  23. 10-6A-5 · Applications to include supporting documents
  24. 10-6A-6 · County treasurer to determine eligibility
  25. 10-6A-7 · Certification of eligibility and income by treasurer--Freeze…
  26. 10-6A-8 · 10-6A-8. Repealed by SL 1981, ch 81, § 6
  27. 10-6A-9 · Denial of claim--Hearing before secretary of revenue--Appeals
  28. 10-6A-10 · 10-6A-10. Repealed by SL 1995, ch 53, § 11
  29. 10-6A-11 · Refund eligibility unaffected
  30. 10-6A-12 · False application for assessment…
  31. 10-6B-1 · Definition of terms
  32. 10-6B-2 · Adoption of chapter by governing board of municipality
  33. 10-6B-3 · Amount of reduction in income allowed for taxes paid
  34. 10-6B-4 · Requirements for reduction of real property taxes due on…
  35. 10-6B-5 · Survival of right to file claim
  36. 10-6B-6 · Amount of reduction of real property taxes due for a…
  37. 10-6B-7 · Amount of reduction of real property taxes due for a…
  38. 10-6B-8 · Eligibility of head of household for reduction--Requirements
  39. 10-6B-9 · Claims for reduction of real property taxes--Forms
  40. 10-6B-10 · Applicant not required to record on application amount…
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