South Dakota Statutes
§ 10-6-114 — Criteria for qualifying for tax freeze on agricultural property of beginning farmer.
South Dakota § 10-6-114
This text of South Dakota § 10-6-114 (Criteria for qualifying for tax freeze on agricultural property of beginning farmer.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
S.D. Codified Laws § 10-6-114 (2026).
Text
The tax freeze in § 10-6-113 may be applied to agricultural property classified pursuant to § 10-6-110 if the following criteria are met:
(1)The owner of the property is a beginning farmer who has never before owned agricultural land;
(2)The property does not exceed one hundred sixty acres or one - half of the median - sized farm in the county as determined by the board of commissioners, whichever is greater;
(3)The beginning farmer works on and operates the farm;
(4)At least half of the beginning farmer's gross income is derived from agriculture;
(5)The property has not been subject to a beginning farmer's tax freeze for at least twenty years prior to the purchase date.
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Legislative History
SL 1994, ch 81, § 2; SDCL § 10-6-31.5; SL 2021, ch 44, § 44.
Nearby Sections
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§ 10-1-1.1
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Interstate agreements for administration of excise and income taxes--Exchange of information.§ 10-1-15
General supervision of assessment of property for taxation--Forms--Classification of property.§ 10-1-16
Advice and direction to directors of equalization and boards--Instructional meetings of directors.§ 10-1-16.1
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Bluebook (online)
South Dakota § 10-6-114, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/10-6-114.