S.D. Codified Laws § 9-12-21
Current with legislation signed by the governor on or before 3/6/2024
Any second- or third-class municipality may rebate the municipal property taxes paid by any industry that furthers the municipality's industrial development goals. Any such municipality shall, by ordinance, develop a program that provides for the type of industry that qualifies for the rebate, the length of time the rebate may apply, and the criteria the industry shall meet in order to qualify for the rebate.
SDCL 9-12-21