11-7A-8. Rebate of municipal property taxes to further housing goals.
Any municipality may rebate the municipal property taxes paid on housing that furthers the municipality's housing goals. Any such municipality shall, by ordinance, develop a program that provides for the type of housing that qualifies for the rebate, the length of time the rebate may apply, and the criteria the housing shall meet in order to qualify for the rebate.
Source: SL 2016, ch 73, ยง1.
Structure South Dakota Codified Laws
Title 11 - Planning, Zoning and Housing Programs
Chapter 07A - Municipal Powers In Aid Of Housing And Development
Section 11-7A-1 - Definition of terms.
Section 11-7A-2 - Municipal powers in implementation of certain public projects.
Section 11-7A-4 - Supplemental nature of powers.
Section 11-7A-5 - Short title of law.
Section 11-7A-6 - Municipal acquisition of federal housing projects--Sources of funds used.
Section 11-7A-7 - Approval required for municipal projects.
Section 11-7A-8 - Rebate of municipal property taxes to further housing goals.