require the approval of the county for the creation of a tax increment financing district by a municipality.
Deferred to the 41st legislative day
Summary
The bill requires any South Dakota city or town to get a written resolution of consent from the board of county commissioners in each county where a proposed tax increment financing (TIF) district would be located. This adds a county‑level check on municipal TIF creation, giving local governments a say in development financing. The measure is intended to improve coordination between municipalities and counties.
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