SDCL 13-16-7.3 Maximum Pledge of Taxes-Limitations

• Library: South Dakota Statutes
• Edition: 2023
• Currency: Current through the 2023 Legislative Session
• Year: 2023
• Citation: SDCL 13-16-7.3

Notwithstanding the provisions of § 13-16-7, a sc...

Any district that exceeds the limits provided in § 13-16-7 may not collect more than one thousand four hundred dollars for each enrolled student for capital outlay in taxes payable in 2021. For 2022 and subsequent years, the maximum amount for each enrolled student shall increase by the lesser of three percent or the index factor, as defined in § 10-13-38.

Cite as SDCL 13-16-7.3

Source: SL 2020, ch 55, §3.

History: Added by S.L. 2020, ch. 55,s. 3, eff. 7/1/2020.