South Dakota § 10-13-47 - Homeowner property tax reduction fund--Administration--Purpose--Expenditures.
Full text of South Dakota South Dakota Codified Laws § 10-13-47 — Homeowner property tax reduction fund--Administration--Purpose--Expenditures., with citation guidance and answers to common questions.
§ 10-13-47. Homeowner property tax reduction fund--Administration--Purpose--Expenditures.
There is created in the state treasury the homeowner property tax reduction fund.
The Department of Revenue shall administer the fund. The purpose of the fund is to provide property tax relief for owner-occupied single-family dwellings. Moneys in the fund must be used to reduce the local effort for general education levies on owner-occupied single-family dwellings.
Interest on moneys credited to the fund must remain in the fund. Expenditures from the fund must be budgeted through the general appropriation bill.
Moneys in the fund may not be transferred to the general fund.
Source: SL 2026, ch 48, § 1.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 10-13-47
What does South Dakota Codified Laws § 10-13-47 cover?
Section 10-13-47 ("Homeowner property tax reduction fund--Administration--Purpose--Expenditures.") is part of the South Dakota Codified Laws, the codified statutory law of South Dakota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Dakota § 10-13-47?
A common citation format is "South Dakota Codified Laws § 10-13-47" (South Dakota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Dakota law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Dakota official source linked on this page or consult a licensed South Dakota attorney.
How does South Dakota § 10-13-47 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Dakota can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Dakota.