S.D. Codified Laws § 10-6-106

Current through the 2024 Legislative Session

Section 10-6-106 - Leased school lands classified separately-Assessment date and valuation date-Assessment, equalization, and taxation of school and endowment lands

Leased school and endowment lands, as provided in chapter 5-11, are hereby separately classified for the purpose of taxation. Leased school and endowment lands shall be listed and assessed annually pursuant to § 10-6-105. The assessment, equalization, and taxation of school and endowment lands that satisfy the criteria for classification of land as agricultural shall be at the same level and on the same basis as land assessed and equalized according to §§ 10-6-127 to 10-6-132, inclusive.

SDCL 10-6-106

SL 1977, ch 47, § 4; SL 1994, ch 48, § 6; SL 2021, ch 44, §§ 12, 44.

Amended by S.L. 2021, ch. 44,s. 12, eff. 7/1/2021.