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Governor Noem Signs Taxation Bills into Law





3/24/2021

PIERRE, S.D. – Governor Noem has signed three taxation bills into law.

 

“South Dakota has one of the friendliest tax climates in the entire country,” said Governor Kristi Noem. “This year, we didn’t raise taxes on our citizens like we’re seeing in other states. We’re setting our state up to continue growing and thriving into the future.”  

 

The bills include:

 

  • SB 70 revises and reorganizes certain provisions regarding the assessment of property for the purposes of taxation.
  • HB 1085 redefines the criteria for classifying land as agricultural for tax purposes.
  • HB 1155 removes certain restrictions on gifts of agricultural land.

 

Governor Noem has signed 206 bills into law this legislative session.