Bill > SB154

This bill clarifies that multiple garages and other related structures can be considered part of an owner-occupied single-family dwelling for tax purposes, provided they are related to the residential use of the dwelling by the owner. It amends existing South Dakota law (specifically sections 10-13-39 and 10-13-45) to ensure that these ancillary structures, along with the land they are on, are included when determining if a property qualifies as owner-occupied. This change aims to prevent confusion and ensure consistent application of tax classifications for properties that may have more than just a main house, such as a home with a detached garage or workshop. The bill also clarifies that contractors building single-family homes for sale can apply for this owner-occupied classification, with a limit of four such properties for contractors, and that no dwelling can hold this classification for more than two consecutive years under this provision.

Budget and Finance

https://sdlegislature.gov/#/Session/Bill/27206