The civic record
Read. Follow. Verify.South Dakota HB 1312 caps annual valuation increases for owner-occupied homes
Last action · February 17, 2026: Deferred to the 41st legislative daySponsor: Kathy Rice
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What This Bill Proposed
South Dakota House Bill 1312 caps annual assessed value increases for owner-occupied single-family dwellings based on an and resets the base value upon a change in ownership, while permitting tax districts to exceed statutory limits under specific revenue caps.
Property owners face regulated annual assessment increases tied to an , while taxing districts receive allowances to exceed traditional caps to maintain revenue neutrality plus growth.
Who It Would Have Affected
Groups the bill's text would have affected, as described in the record. Being affected is not a position for or against it.
Owners of single-family dwellings
Their property assessment increases are restricted by an index factor unless a sale or major expansion occurs.
Taxing districts
They are granted exceptions to exceed mill rate limitations under specific revenue caps.
Key Facts
You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.
Frequently Asked Questions
How is the base amount calculated for homes sold before November 2025?
Can property improvements increase a home's taxable value beyond the cap?
What else do you want to know?
News Coverage
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Votes, people, money & the original sourceWhere This Stands
This bill did not become law - Died at adjournment · in House committee.
Procedural history
4 actions- Feb 17, 2026HouseDeferred to the 41st legislative day
- Feb 17, 2026HouseScheduled for hearing
- Feb 5, 2026HouseCommitteeReferred to
- Feb 4, 2026HouseIntroducedFirst Reading House
Version history
Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.
View official text →Lobbying Activity
No state lobbying filings in our records match this bill. Federal lobbying reports (LDA) cover Congress, so they are not listed on state bills.
Full breakdown
Who this bill affects and the strongest case for and against it, written only from the bill’s own text.
Sponsors
Discoveries
Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.
Valuation Increase Cap
The bill introduces a structural limit on annual assessment increases for single-family residences tied to historical baseline years starting from 2020.
Connected Entities
Sources
sdlegislature.gov
Analysis Score
0–100- Significance20Lowered because this bill did not pass (its text scored 75)
- Controversy60Intensity of disagreement among stakeholders
- Entertainment10Compellingness for a non-policy-wonk reader
- Buzz40Current news / social attention level
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