Back to South Dakota
SB178 • 2026
lower a maximum limit on the tax increment base value.
lower a maximum limit on the tax increment base value.
Housing
Land
Taxes
Active
The official status still shows this bill as active or still awaiting another formal step.
- Sponsor
- Voight
- Last action
- 2026-02-12
- Official status
- Withdrawn at the Request of the Prime Sponsor
- 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.
lower a maximum limit on the tax increment base value.
lower a maximum limit on the tax increment base value.
What This Bill Does
- lower a maximum limit on the tax increment base value.
- Official keyword topics:
Planning, Zoning and Housing Programs
Tax Increment Financing Districts
Official sponsor note: Senators <a rel="noopener" href="https://sdlegislature.gov/Legislators/Profile/4828/Detail">Voight</a> (prime) and <a rel="noopener" href="https://sdlegislature.gov/Legislators/Profile/4763/Detail">Howard</a>
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.
Amendments
These notes stay tied to the official amendment files and metadata from the legislature.
Plain English: 178A 101st Legislative Session 178
2026 South Dakota Legislature
Senate Bill 178
Introduced by: Senator Voight
Underscores indicate new language.
- 178A 101st Legislative Session 178
2026 South Dakota Legislature
Senate Bill 178
Introduced by: Senator Voight
Underscores indicate new language.
- Overstrikes indicate deleted language.
- AMENDMENT 178A
FOR THE INTRODUCED BILL
An Act to lower a maximum limit on the tax increment base value.
- 1
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF SOUTH DAKOTA: 2
Section 1.
Bill History
-
2026-02-12
Senate
Withdrawn at the Request of the Prime Sponsor
-
2026-01-29
Senate
First read in Senate and referred to Senate Taxation
Official Summary Text
lower a maximum limit on the tax increment base value.
Official keyword topics:
Planning, Zoning and Housing Programs
Tax Increment Financing Districts
Official sponsor note: Senators <a rel="noopener" href="https://sdlegislature.gov/Legislators/Profile/4828/Detail">Voight</a> (prime) and <a rel="noopener" href="https://sdlegislature.gov/Legislators/Profile/4763/Detail">Howard</a>
Current Bill Text
Read the full stored bill text
26.797.12 101st Legislative Session 178
2026 South Dakota Legislature
Senate Bill 178
Introduced by: Senator Voight
Underscores indicate new language.
Overstrikes indicate deleted language.
An Act to lower a maximum limit on the tax increment base value. 1
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF SOUTH DAKOTA: 2
Section 1. That § 11-9-5 be AMENDED: 3
11-9-5. To establish create a district, the governing body must adopt a resolution 4
that: 5
(1) Describes the boundaries of a the district with sufficient definiteness to identify 6
with ordinary and reasonable certainty the territory included. The boundaries may 7
not split a whole unit of property that is being used for a single purpose; 8
(2) Creates the district on a given date; 9
(3) Includes a finding that the assessed value of the taxable property in the district , 10
plus the tax increment base of all other existing districts, does not exceed ten two 11
and one -half percent of the total assessed value of all taxable property in the 12
political subdivision; and 13
(4) Assigns a name to the district for identification purposes. The first district created 14
in each political subdivision must be known as "Tax Increment Financing District 15
Number One, City (or Town, or County) of __________." Each subsequently 16
created district must be assigned the next consecutive number. 17