ENTITLED An Act to modify tax refunds for elderly persons and persons with a disability, to make an appropriation therefor, and to declare an emergency.
Be it enacted by the Legislature of the State of South Dakota:
Section 1. There is hereby appropriated from the general fund the sum of $450,000 to the Department of Revenue, for purposes of providing refunds for real property tax and sales tax to elderly and disabled persons pursuant to chapters 10-18A and 10-45A. A portion of the appropriated sum not to exceed twenty thousand dollars may be used for the administrative costs of this Act.
Section 2. The secretary of the Department of Revenue shall approve vouchers and the state auditor shall draw warrants to pay expenditures authorized by this Act.
Section 3. Any amounts appropriated in this Act not lawfully expended or obligated by June 30, 2024, shall revert in accordance with the procedures prescribed in chapter 4-8.
Section 4. That 10-18A-5 be AMENDED:
10-18A-5. The amount of refund of real property taxes due or paid for a single-member household made pursuant to this chapter shall be according to the following schedule:
|
|
The refund of real |
If household income is |
|
property taxes due |
more than: |
but not more than |
or paid shall be |
$ 0 |
$8,949 |
35% |
8,950 |
9,199 |
34% |
9,200 |
9,449 |
33% |
9,450 |
9,699 |
32% |
9,949 |
31% |
|
9,950 |
10,199 |
30% |
10,200 |
10,449 |
29% |
10,450 |
10,699 |
28% |
10,700 |
10,949 |
27% |
10,950 |
11,199 |
26% |
11,200 |
11,449 |
25% |
11,450 |
11,699 |
24% |
11,700 |
11,949 |
23% |
11,950 |
12,199 |
22% |
12,200 |
12,449 |
21% |
12,450 |
12,699 |
20% |
12,700 |
12,949 |
19% |
12,950 |
13,199 |
18% |
13,200 |
13,449 |
17% |
13,450 |
13,699 |
16% |
13,700 |
13,949 |
15% |
13,950 |
14,199 |
14% |
14,200 |
14,449 |
13% |
14,450 |
14,699 |
12% |
14,700 |
14,949 |
11% |
over 14,949 |
|
No refund |
Section 5. That 10-18A-6 be AMENDED:
10-18A-6. The amount of refund of real property taxes due or paid for a multiple-member household made pursuant to this chapter shall be according to the following schedule:
|
|
The refund of real |