This bill introduces new requirements for public notice prior to a vote on imposing an excess tax levy by school districts and taxing districts in South Dakota. Specifically, it mandates that at least twenty-one days before the vote, the respective boards must publish a notice on their website or in a local newspaper, and also mail or electronically transmit the notice to all property owners within the district. The notice must include critical information such as the maximum amount under consideration for the excess tax levy, the amount that can be imposed without the levy, the date, time, and location of the public hearing, the estimated increase in property taxes per one hundred thousand dollars of taxable value, and the intended use of the funds collected from the excess tax levy.

Additionally, the bill stipulates that during the public hearing, taxpayers must be given the opportunity to comment on the proposed excess tax levy. This new legal framework aims to enhance transparency and public engagement in the decision-making process regarding tax levies, ensuring that property owners are well-informed about potential tax increases and the purposes for which the additional funds will be used.