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HB 1261·SD·house

provide a tax credit for owner-occupied property, to make an appropriation therefor, and to transfer moneys to the general fund.

FailedFiled Feb 3, 2026
Sponsor: Hansen
Latest Action

Tabled

Mar 2, 2026

Summary

The bill would give owners of single‑family homes a tax credit of up to $500 on their 2027 property taxes. To replace the lost revenue, $60 million would be transferred from the housing infrastructure fund to the general fund, and $120 million would be appropriated to the Department of Revenue. The measure was tabled and did not become law.

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