This bill amends various sections of South Dakota tax law to modify tax refunds for elderly persons and individuals with disabilities. Key changes include allowing municipalities to waive or reduce special assessments for owner-occupied single-family dwellings if the head of the household is 65 years or older, disabled, or if the household income is below the federal poverty level. The bill also updates the definition of "household income" and clarifies that property tax relief does not affect eligibility for tax refunds under certain chapters.

Additionally, the bill increases the income thresholds for tax refund eligibility, raising the limit for single-person households from $10,566 to $17,215, and for multiple-person households from $16,184 to $23,265. It also introduces a new method for determining claims based on the number of claimants in a household and repeals several outdated provisions related to tax refunds for the elderly and disabled. Overall, the bill aims to enhance tax relief for vulnerable populations while streamlining the process for claiming refunds.

Statutes affected:
Introduced, 01/01/2026: 9-43-101, 10-1-47, 10-4-24.11, 10-6A-11, 10-6B-15, 10-13-20, 10-45A-5, 10-45A-6, 10-45A-7, 10-45A-13, 10-6C-7, 10-18A-1, 10-18A-1.1, 10-18A-2, 10-18A-3, 10-18A-4, 10-18A-5, 10-18A-6, 10-18A-6.1, 10-18A-7, 10-18A-8, 10-18A-9, 10-18A-10, 10-18A-11, 10-18A-12, 10-18A-13, 10-18A-14, 10-18A-15, 10-18A-16, 10-45A-2.1