SDCL § 13-13-10.8: Assessed value of property in tax increment financing district created after June 30, 2018.

For purposes of this chapter, the assessed value of any real property in a tax increment financing district created pursuant to chapter 11-9 is the total assessed value of the real property as determined by the Department of Revenue pursuant to § 11-9-24, until the tax increment financing district ceases to exist as provided in § 11-9-46.

This section applies to tax increment financing districts created after June 30, 2018.