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HB1307 • 2026

limit the annual increase in assessed value of each owner-occupied single-family dwelling.

limit the annual increase in assessed value of each owner-occupied single-family dwelling.

Taxes
Active

The official status still shows this bill as active or still awaiting another formal step.

Sponsor
Ladner
Last action
2026-02-19
Official status
Tabled
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

limit the annual increase in assessed value of each owner-occupied single-family dwelling.

limit the annual increase in assessed value of each owner-occupied single-family dwelling.

What This Bill Does

  • limit the annual increase in assessed value of each owner-occupied single-family dwelling.
  • Official keyword topics: Delayed Effective Date Property Assessment or Valuation Property Tax Taxation Official sponsor note: Representative <a rel="noopener" href="https://sdlegislature.gov/Legislators/Profile/4779/Detail">Ladner</a> (prime)

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

  1. 2026-02-19 House Taxation

    Scheduled for hearing

  2. 2026-02-19 House Taxation

    Tabled

  3. 2026-02-05 House of Representatives

    Referred to House Taxation

  4. 2026-02-04 House of Representatives

    First Reading House

Official Summary Text

limit the annual increase in assessed value of each owner-occupied single-family dwelling.
Official keyword topics:
Delayed Effective Date
Property Assessment or Valuation
Property Tax
Taxation
Official sponsor note: Representative <a rel="noopener" href="https://sdlegislature.gov/Legislators/Profile/4779/Detail">Ladner</a> (prime)

Current Bill Text

Read the full stored bill text 
26.993.11 101st Legislative Session 1307

2026 South Dakota Legislature
House Bill 1307

Introduced by: Representative Ladner

Underscores indicate new language.
Overstrikes indicate deleted language.
An Act to limit the annual increase in assessed value of each owner-occupied single-1
family dwelling. 2
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF SOUTH DAKOTA: 3
Section 1. That § 10-6-158 be AMENDED: 4
10-6-158. For taxes payable in 2027, 2028, 2029, 2030, and 2031, the total The 5
assessed value of all property in a county with an owner-occupied single-family dwelling 6
classification, as defined in § 10-13-39, may not increase more than three percent over 7
the total assessed value of all property in the county with an the owner-occupied single-8
family dwelling classification in the prior year, except as otherwise provided in this section. 9
A county may further increase the total The assessed value of all property with an 10
owner-occupied single -family dwelling classification may be further increased by an 11
amount equal to the assessed value of all new improvements of a new improvement made 12
to the owner-occupied single -family dwellings or property reclassified to the owner -13
occupied single-family dwelling classification in the county in the prior dwelling in that 14
year. 15
Notwithstanding the provisions of this section, a county must adjust the total 16
assessed value of all property with an owner-occupied single-family dwelling classification 17
pursuant to § 10-6-121. 18
Section 2. This Act is effective beginning July 1, 2027. 19