Bill To Freeze Property Tax Assessments For Eligible Seniors And Disabled Persons Passes House Taxation Committee

Bill To Freeze Property Tax Assessments For Eligible Seniors And Disabled Persons Passes House Taxation Committee

PIERRE — A bill to freeze assessments for the dwellings of senior citizens and disabled individuals has gained approval of the House Taxation Committee. District 24 Representative Mike Weisgram of Fort Pierre is prime sponsor on the bill and says it increases the income limits for property tax assessments for eligible parties…

Eric Nelson, the lobbyist for AARP South Dakota says the measure carries the right balance of keeping property taxes affordable for those with limited income…

Representative Mike Derby of Rapid City questioned what the financial impact of the bill might mean. Wendy Semmler, the Department of Revenue’s Property Tax Division Director had an answer…

House Bill 1001 will move to the House floor on a 12 to zero vote with one vote excused.