User uShare Login | Register
Login
Register

Along with posting photos, videos, and stories, your uShare account lets you post Classified Ads, recipes on What's For Dinner, and Announcements.


76° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

KELOLAND.com | Sioux Falls News & Weather, South Dakota News & Weather, Minnesota and Iowa News

[0] My Saved Articles
Back to all news

Politics

Find local businesses
on the KELO Pages!

 

SD Gov. Daugaard Signs Ag Property Bill Into Law

February 14, 2012, 4:41 PM

SD Gov. Daugaard Signs Ag Property Bill Into Law
PIERRE, SD - Gov. Dennis Daugaard has signed into law a bill that would speed up increases in the taxable value of some farm land and could raise actual tax bills in some cases.

The state's new farm property tax system bases the taxable value of agricultural land on its ability to produce income, but annual increases have been limited to 10 percent. The measure signed into law allows taxable values to rise by up to 25 percent a year in some cases.

Lawmakers said the change is needed so taxable values can catch up to the actual value of land.

Officials say an increase in taxable values would not necessarily lead to a corresponding increase in actual tax bills, but it would lead to higher taxes for some agricultural land.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View politics

You may also like

Jackley: State Had Planned To Charge Benda

7/29/2014 10:42 AM

South Dakota investigators were closing in on former South Dakota Secretary of Tourism and State Development Richard Benda when he committed suicide l...

Full Story
Sex Trafficking Bill Up For Debate

7/23/2014 6:00 PM

Human sex trafficking. A serious problem across the country and here in KELOLAND.

Full Story | Watch
SD U.S. Senate Candidates Agree To Four Debates

7/23/2014 3:10 PM

The four candidates running for South Dakota’s open U.S. Senate seat will appear together at four debates this fall.

Full Story
Silver City Cemetery Ceremony Celebrates Signing

7/27/2014 12:02 PM

Supporters of a bill that transfers ownership of nine historic cemeteries in the Black Hills from the federal government to local communities celebrat...

Full Story
SD U.S. Senate: Four Candidates, Four Debates

7/23/2014 5:59 PM

All four South Dakota U.S. Senate candidates will appear in a live hour-long debate on KELOLAND TV this fall.

Full Story | Watch


Events