Bill
Bill > HB1260
summary
Introduced
02/03/2026
02/03/2026
In Committee
02/23/2026
02/23/2026
Crossed Over
02/11/2026
02/11/2026
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
An Act to authorize the establishment of municipal property tax rebate programs.
AI Summary
This bill authorizes the governing body of a municipality, which is a local government, to create a program that offers a rebate, meaning a partial refund, on property taxes to owners of single-family homes that they live in themselves. This rebate would only apply to taxes levied, or imposed, by the municipality itself, not by other taxing entities. If a municipality chooses to establish such a program, it must provide a rebate to any applicant who meets the specific requirements outlined in the ordinance, which is a law passed by the municipality.
Committee Categories
Budget and Finance
Sponsors (0)
No sponsors listed
Other Sponsors (1)
Local Government (House)
Last Action
Certified uncontested, placed on consent (on 02/23/2026)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://sdlegislature.gov/#/Session/Bill/26526 |
| BillText | https://mylrc.sdlegislature.gov/api/Documents/300527.pdf |
Loading...