FOR IMMEDIATE RELEASE

March 12, 2026

Contact: Josie Harms

Gov. Rhoden Delivers Largest Property Tax Cut

PIERRE, S.D. – Today, Governor Larry Rhoden signed two bills to deliver the largest property tax cut in South Dakota history, SB 96 and SB 245. The Governor signed these bills at a signing ceremony in the Capitol Rotunda. You can find a photo of that signing here.

“We accomplished a great deal this session – but this tops it all,” said Governor Larry Rhoden. “It wasn’t easy – most things that matter take hard work and grit. It’s incredible what we can accomplish when we put policy over politics. Through good process and negotiations with legislative leadership, we delivered the largest property tax cut in South Dakota history!”

Governor Rhoden also signed the following four property tax bills:

• SB 154 clarifies the eligibility of multiple garages or structures to be classified as owner-occupied;
• HB 1193 modifies the provisions for a refund of taxes to disabled veterans and surviving spouses under certain property tax relief programs;
• HB 1258 requires that a property tax bill provide access to a state website providing property tax information;
• HB 1264 eliminates the Agricultural Land Assessment Implementation and Oversight Advisory Task Force, provides that the Department of Revenue receive the submission of recommendations, and provides a report on agricultural value.

Governor Rhoden has signed 153 bills into law and vetoed one this legislative session.

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