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Deadline for buffer strip property tax incentive approaching, new policies in place

PIERRE, SD – The South Dakota Department of Revenue reminds landowners that applications for the riparian buffer strip property tax incentive must be submitted by Oct. 14.

Eligible riparian buffer strips can receive a reduction in the assessed value for property tax purposes. Land approaching 40 yards of a listed stream, river or lake, may be classified as a riparian buffer strip. Grazing in designated areas is prohibited from May 1 through Sept. 30.

Landowners approved for the riparian buffer strip program may receive an increased reduction in property value. In addition, there is no longer an annual application. Once approved, the new assessed value of the eligible property will be approved for 10 years or until the property changes use. Lastly, land impacted by center pivot irrigation can now be harvested or mowed starting June 25.

Applicants may view a web map to help determine which waters qualify under the program. The interactive map can be accessed at https://danr.sd.gov/Press/DataAndMapping.aspx.

Applications must be submitted to the director of equalization in the county where the property is located. To learn more about the property tax incentive or access the application, visit https://dor.sd.gov/individuals/taxes/property-tax/#buffer. Landowners are reminded that, to be eligible for the 2023 assessment for taxes payable in 2024, applications for the riparian buffer strip property tax incentive must be submitted by Oct. 14.

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