CHAPTER 42

(HB 1237)

Tax refunds for elderly and disabled persons.


         ENTITLED, An Act to  make an appropriation to fund tax refunds for elderly and disabled persons and to revise the income eligibility requirements for property tax and sales tax refunds.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF SOUTH DAKOTA:

     Section  1.  There is hereby appropriated from the state general fund the sum of one million dollars ($ 1,000,000 ), or so much thereof as may be necessary, to the Department of Revenue and Regulation to provide refunds for real property tax and sales tax to elderly and disabled persons pursuant to chapters 10-18A and 10-45A. An amount not to exceed ten thousand dollars in fiscal year 2007 may be used for the administrative costs of this Act.

     Section  2.  The secretary of revenue and regulation 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, 2007, shall revert in accordance with §   4-8-21.

     Section  4.  That § 10-18A-5 be amended to read as follows:

     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 less than   or paid shall be  
$ 0   $3,500 $3,750   35%  
3,501 3,751   3,760 4,010   34%  
3,761 4,011   4,020 4,270   33%  
4,021 4,271   4,280 4,530   32%  
4,281 4,531   4,540 4,790   31%  
4,541 4,791   4,800 5,050   30%  
4,801 5,051   5,060 5,310   29%  
5,061 5,311   5,320 5,570   28%  
5,321 5,571   5,580 5,830   27%  
5,581 5,831   5,840 6,090   26%  
5,841 6,091   6,100 6,350   25%  
6,101 6,351   6,360 6,610   24%  
6,361 6,611   6,620 6,870   23%  
6,621 6,871   6,880 7,130   22%  
6,881 7,131   7,140 7,390   21%  
7,141 7,391   7,400 7,650   20%  
7,401 7,651   7,660 7,910   19%  
7,661 7,911   7,920 8,170   18%  
7,921 8,171   8,180 8,430   17%  
8,181 8,431   8,440 8,690   16%  
8,441 8,691   8,700 8,950   15%  
8,701 8,951   8,960 9,210   14%  
8,961 9,211   9,220 9,470   13%  
9,221 9,471   9,480 9,730   12%  
9,481 9,731   9,750 10,000   11%  
over 9,750 10,000     No refund  

     Section  5.  That § 10-18A-6 be amended to read as follows:

     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  
If household income is     property taxes due  
more than:   but not more than   or paid shall be  
$ 0   $6,250 $6,500   55%  
6,251 6,501   6,611 6,861   53%  
6,612 6,862   6,972 7,222   51%  
6,973 7,223   7,333 7,583   49%  
7,334 7,584   7,694 7,944   47%  
7,695 7,945   8,055 8,305   45%  
8,056 8,306   8,416 8,666   43%  
8,417 8,667   8,777 9,027   41%  
8,778 9,028   9,138 9,388   39%  
9,139 9,389   9,499 9,749   37%  
9,500 9,750   9,860 10,110   35%  
9,861 10,111   10,221 10,471   33%  
10,222 10,472   10,582 10,832   31%  
1 0,583 10,833   10,943 11,193   29%  
10,944 11,194   11,304 11,554   27%  
11,305 11,555   11,665 11,915   25%  
11,666 11,916   12,026 12,276   23%  
12,027 12,277   12,387 12,637   21%  
12,388 12,638   12,750 13,000   19%  
over 12,750 13,000     No refund  

     Section  6.  That § 10-45A-5 be amended to read as follows:

     10-45A-5.   The amount of any claim made pursuant to this chapter by a claimant from a household consisting solely of one individual shall be determined as follows:

             (1)      If the claimant's income is three thousand five hundred seven hundred fifty dollars or less, a sum of two hundred fifty-eight dollars;

             (2)      If the claimant's income is three thousand five hundred one seven hundred fifty-one dollars and not more than nine thousand seven hundred fifty ten thousand dollars, a sum of forty-six dollars plus three and four-tenths percent of the difference between nine thousand seven hundred fifty ten thousand dollars and the income of the claimant;

             (3)      If the claimant's income is more than nine thousand seven hundred fifty ten thousand dollars, no refund.

     Section  7.  That § 10-45A-6 be amended to read as follows:

     10-45A-6.   The amount of any claim made pursuant to this chapter by a claimant from a household consisting of more than one individual shall be determined as follows:

             (1)      If household income is six thousand two hundred fifty five hundred dollars or less, the sum of five hundred eighty-one dollars;

             (2)      If household income is six thousand two hundred fifty-one five hundred one dollars and not more than twelve thousand seven hundred fifty thirteen thousand dollars, a sum of seventy-four dollars plus seven and eight-tenths percent of the difference between twelve thousand seven hundred fifty thirteen thousand dollars and total household income;

             (3)      If household income is more than twelve thousand seven hundred fifty thirteen thousand dollars, no refund.

     Signed March 8, 2006
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