South Dakota Governor Signs Bills Delivering Largest Property Tax Cut in State History

New legislation aims to significantly reduce property taxes for residents across the state.

Mar. 14, 2026 at 3:03am

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South Dakota Governor Larry Rhoden has signed two bills, SB 96 and SB 245, that will deliver the largest property tax cut in the state's history. The new laws were signed into effect on Thursday in the South Dakota Capitol Rotunda in Pierre.

Why it matters

This property tax cut is expected to provide significant financial relief for homeowners and businesses across South Dakota, potentially boosting the state's economy and making it more affordable for residents to live in the state.

The details

The new bills, SB 96 and SB 245, were passed through the state legislature and signed into law by Governor Rhoden. The legislation is aimed at providing the 'largest property tax cut in South Dakota history,' according to the governor.

  • The bills were signed into law on Thursday, March 14, 2026, in the South Dakota Capitol Rotunda in Pierre.

The players

Governor Larry Rhoden

The current governor of South Dakota who signed the property tax cut bills into law.

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What they’re saying

“We accomplished a great deal this session – but this tops it all. It wasn't easy – most things that matter take hard work and grit. It's incredible what we can accomplish when we put policy over politics. Through good process and negotiations with legislative leadership, we delivered the largest property tax cut in South Dakota history!”

— Governor Larry Rhoden (am1100theflag.com)

The takeaway

This historic property tax cut is expected to provide significant financial relief for South Dakota residents, potentially boosting the state's economy and making it more affordable for people to live in the state.