eliminate certain property taxes levied on owner-occupied single-family dwellings, and to increase certain gross receipts tax rates and use tax rates.

HB 1019 modifies South Dakota's tax system by removing property taxes from owner-occupied single-family homes while raising rates on gross receipts and use taxes. This change directly affects homeowners who would no longer pay property taxes on their primary residences, but businesses and consumers would face higher costs on sales and use of goods. The bill aims to shift the tax burden from residential property owners to commercial transactions and consumer purchases.