increase the amount of value exempt from property taxes under a tax relief program for disabled veterans and surviving spouses.

Summary

The bill changes South Dakota law to let disabled veterans and the surviving spouses of such veterans exempt up to $350,000 of a home’s value from property taxes. Owners must apply using a form from the Department of Revenue, and the exemption stays in place unless the property is sold, the veteran or spouse stops living there, the spouse remarries, or the use of the land changes. It aims to give greater tax relief to those families.

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