ENTITLED, An Act to revise certain provisions concerning the agricultural land task force.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF SOUTH DAKOTA:
Section 1. That § 10-6-33.35 be amended to read as follows:
10-6-33.35. There is hereby established the Agricultural Land Assessment Implementation and
Oversight Advisory Task Force. The task force shall consist of the following fourteen members:
(1) The speaker of the House of Representatives shall appoint four members of the House of
Representatives, no more than two of whom may be from one political party;
(2) The speaker of the House of Representatives shall appoint three members of the general
public, at least one of the members shall have an agricultural background and at least one
of the members shall have a business background;
(3) The president pro tempore of the Senate shall appoint four members of the Senate, no
more than two of whom may be from one political party; and
(4) The president pro tempore of the Senate shall appoint three members of the general
public, at least one of the members shall have an agricultural background and at least one
of the members shall have a business background.
The initial appointments shall be made no later than July 1, 2008, and shall serve until
January 12, 2009. The speaker of the House of Representatives and president pro tempore of the
Senate before the close of each regular session of the Legislature held in odd-numbered years shall
appoint members to the task force for a term of two years. If there is a vacancy on the task force, the
vacancy shall be filled in the same manner as the original appointment.
The task force shall advise the department regarding the rules promulgated by the department
to administer the provisions concerning the assessment and taxation of agricultural lands and shall
review the implementation of the provisions of law concerning the assessment and taxation of
agricultural land. The task force shall report to the Senate and House of Representatives and may
submit a copy of its report to the Governor. The task force may present draft legislation and policy
recommendations to the Legislative Research Council Executive Board.
The task force shall make recommendations in the following areas:
(1) The proper percentage of annual earning capacity to be used to determine the agricultural
income value pursuant to § 10-6-33.28;
(2) The proper capitalization rate in order to have total taxable valuation for the taxes payable
in 2011 from agricultural property be not more than total taxable valuation for the taxes
payable in 2010 from agricultural property plus the estimated growth in agricultural
property value in 2010;
(3) The changes, if any, that must be made to §§ 13-10-6, 13-16-7, 13-37-16, and 13-37-35.1
to ensure that the total amount of additional taxes that may be generated on agricultural
land by a school district pursuant to the provisions of §§ 13-10-6, 13-16-7, 13-37-16, and
13-37-35.1 will not provide a substantial property tax revenue increase for the school
district pursuant to the implementation of the productivity system pursuant to §§ 10-6-33.28 to 10-6-33.33, inclusive;
(4) The changes, if any, that must be made to §§ 13-10-6, 13-16-7, 13-37-16, and 13-37-35.1
to ensure that the total amount of property taxes that may be lost on agricultural land by
a school district pursuant to the provisions of §§ 13-10-6, 13-16-7, 13-37-16, and 13-37-35.1 will not provide a substantial property tax revenue decrease for the school district
pursuant to the implementation of the productivity system pursuant to §§ 10-6-33.28 to
10-6-33.33, inclusive; and
(5) The distribution of the local effort for the general fund of school districts between the
classifications of real property as provided by § 13-13-72.1 which establishes the real
property tax contribution from agricultural property for the general fund of school districts
as a fixed ratio of the total local effort for such levies. The task force shall also consider
the other taxes paid by agricultural property, the relationship of the total assessed value
of agricultural property to the total assessed value of all real property, and other factors
the task force deems appropriate.
An Act to revise certain provisions concerning the agricultural land task force.
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I certify that the attached Act
originated in the
HOUSE as Bill No. 1165
____________________________
Chief Clerk
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____________________________
Speaker of the House
____________________________
Chief Clerk
____________________________
President of the Senate
____________________________
Secretary of the Senate
House Bill No. 1165
File No. ____
Chapter No. ______
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Received at this Executive Office
this _____ day of _____________ ,
20____ at ____________ M.
By _________________________
for the Governor
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The attached Act is hereby
approved this ________ day of
______________ , A.D., 20___
____________________________
Governor
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STATE OF SOUTH DAKOTA,
ss.
Office of the Secretary of State
Filed ____________ , 20___
at _________ o'clock __ M.
____________________________
Secretary of State
By _________________________
Asst. Secretary of State
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