Statutes > South Dakota Statutes > Title 10 - TAXATION > Chapter 13 - Property Tax Relief > Section 10-13-37 - Median level of assessment to be eighty-five percent of market value.

Section 10-13-37 - Median level of assessment to be eighty-five percent of market value.

10-13-37. Median level of assessment to be eighty-five percent of market value. Property taxes shall be levied on valuations where the median level of assessment represents eighty-five percent of the market value as determined by the Department of Revenue and Regulation.

Source: SL 1995, ch 57, § 15; SL 2003, ch 272, § 82.