Maddy summarySB 199 creates a Property Tax Relief Fund in the state treasury to help reduce property taxes for homeowners and businesses. The fund is funded by transferring 25% of the annual increase in the state's general fund revenue each August into the account, starting in 2026. Local governments (political subdivisions) can use these funds to lower property tax levies on real property within their jurisdictions. The Department of Revenue administers the fund, and deposits automatically adjust based on state revenue changes each year. This provides a structured, ongoing mechanism for property tax relief tied to state budget growth.
Sen. Chris Karr
Sponsored bills
Maddy summarySB 195 repeals the scheduled expiration of reduced gross receipts and use tax rates established in 2023. It prevents these tax rate reductions from reverting to prior rates after June 30, 2027. The bill directly affects businesses in South Dakota that pay these specific taxes, ensuring the lower rates remain in effect without requiring new legislation. This is a procedural change to maintain existing tax policy, not a new tax rate adjustment.
Maddy summaryHB 1103 requires that any annual withdrawal of groundwater from a source cannot exceed the natural annual recharge rate of that source. The bill amends groundwater appropriation rules to prohibit approving new water rights if withdrawal would exceed recharge, based on available data. It directly affects applicants seeking groundwater rights, including agricultural users, municipalities, and industries. An exception allows withdrawals exceeding recharge for older groundwater formations used by public water systems.
Maddy summarySouth Dakota's Senate Concurrent Resolution 603 supports the U.S. Department of Agriculture (USDA) in establishing a federal working group of nutrition experts to develop evidence-based national standards for foods and beverages that can be purchased with Supplemental Nutrition Assistance Program (SNAP) benefits. The resolution does not create new law but urges Congress to pass legislation implementing the working group’s recommendations, which would align SNAP purchasing rules with current nutrition science and dietary guidelines. It directly affects the federal SNAP program, which provides food assistance to millions of low-income Americans, including South Dakota residents. The resolution emphasizes that national standards require federal action to ensure consistency, avoid state administrative costs, and prevent future policy reversals. This is a supportive measure for federal policy development, not a direct change to SNAP benefits or eligibility.
Maddy summarySB 1 amends South Dakota's "Employer's Investment in South Dakota's Future Fund" to clarify how funds are distributed for economic development loans and grants. The bill requires the Governor's Office of Economic Development to establish specific rules for applicants, including how economic impact is assessed, selection criteria, interest rate limits (capped at 200 basis points above the federal funds rate), and repayment procedures. It directly affects businesses, researchers, and organizations seeking funding for projects that boost the state's economy. The changes streamline the process for awarding loans/grants while ensuring repayments replenish the fund. The bill updates existing rules under Section 61-5-29.1 without altering the fund's core purpose.
Maddy summaryHB 1130 establishes specific permissible dates for municipal and school district elections in South Dakota. The bill directly affects local governments and school districts by setting the allowable timeframes when these elections can be held. It requires election officials to schedule votes within the newly defined date ranges rather than allowing flexible timing. This change standardizes election scheduling across the state to ensure consistency in local governance processes.
Maddy summaryThis bill modifies the signature requirement for petitions used to initiate constitutional amendments in South Dakota. It directly affects citizens who wish to propose changes to the state constitution by altering the number of valid signatures needed on these petitions. The key provision changes the threshold of voter signatures required to place a constitutional amendment on the ballot, making the process more or less accessible depending on the new numerical requirement. This change impacts the procedural steps for citizens seeking to propose constitutional changes but does not alter the content or approval process for amendments themselves.
Maddy summaryThis bill modifies the structure and staffing rules for the South Dakota-Ireland Trade Commission. It directly affects the commission's members and employees by changing how they are appointed and how many staff members the commission must have. The key provisions adjust the composition requirements and establish new staffing standards for the commission's operations. These changes aim to update the commission's framework to better support trade activities between South Dakota and Ireland.
Maddy summaryThis bill requires the South Dakota Legislature to approve real property leases for state government operations that exceed certain duration or rental payment thresholds. It directly affects state agencies seeking to lease office space, equipment, or other property needed for daily operations. The key provision establishes a review process where leases meeting specified criteria must receive legislative approval before becoming binding. This change aims to increase oversight of state spending on property rentals without altering existing lease agreements that fall below the established limits.
Maddy summaryThis summary cannot be generated because the provided bill text is incomplete and inaccessible due to a browser compatibility issue. Without the actual legislative content, it is impossible to explain what the bill does, describe its mechanisms, or provide a neutral summary of its provisions. Please provide the full text of SB 146 for an accurate summary.