Any county or municipality may decrease the total amount of revenue payable from taxes on real property below the maximum limit allowed by § 10-13-35 in any year. The decrease may not affect the amount of revenue payable that may be raised in accordance with §§ 10-13-35.4 and 10-13-35.5.

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Terms Used In South Dakota Codified Laws 10-13-35.3

  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.

Source: SL 2002, ch 56, § 1; SL 2010, ch 51, § 1.