10-6-113. Property tax freeze authorized for agricultural property of beginning farmer.
57 words·~1 min read·
/sd/title-10/chapter-10-6/10-6-113A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Agricultural property classified pursuant to § 10-6-110 shall be valued for taxation purposes in the usual manner. However, the board of county commissioners of the county where such property is located may, in its discretion, freeze the property taxes levied for a period of five years immediately following the purchase of agricultural property by a beginning farmer.