2022 South Dakota Codified Laws
Title 10 - Taxation
Chapter 06 - Annual Assessment Of Property
Section 10-6-129 - Factors used for percentage of annual earning capacity.
10-6-129. Factors used for percentage of annual earning capacity.
The economics department of South Dakota State University shall submit recommendations to the Agricultural Land Assessment Implementation and Oversight Advisory Task Force by November 1, 2008, regarding factors to use for the percentage of annual earning capacity to be used to determine the agricultural income value of the land pursuant to §10-6-127 and other provisions used to assess agricultural land that will provide the least amount of shift between cropland and noncropland on a statewide basis. Thereafter, the economics department shall submit such recommendations, if any, to the task force by September first of each year.
Source: SL 2008, ch 44, §7; SL 2021, ch 44, § 44.
