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Work On Property Tax Continues

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Work On Property Tax Continues

The change to taxing farmland based on what it produces is still a work in progress in South Dakota. The Ag Land Assessment Task Force meets several times a year to monitor the ongoing progress and impacts. Senator Jason Frerichs of Wilmot, a member of the task force, says they have heard worries about maintaining the balance between ag taxes and non ag property taxes…

Frerichs says while taxes on businesses and other commercial property have risen, much of it is led by ag land increases…

Frerichs says they will continue the discussion into the 2014 legislative session and beyond…

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