Governor signs bills to reduce homeowner property taxes with higher sales taxes

By: Meghan O'Brien

Outlets: South Dakota Searchlight

Published: March 12, 2026

Words: 655

Last Updated: 1 week, 1 day ago

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PIERRE — Republican Gov. Larry Rhoden signed two bills into law Thursday that he said will work in tandem to provide “the largest property tax cut in South Dakota history,” although a past tax cut may have been bigger when adjusted for inflation, and the new laws rely on increased sales taxes to fund property tax relief for homeowners.

The last time the state approved a historic reduction in property taxes was in 1995 under …

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