Proposing and submitting to the voters at the next general election an amendment to the Constitution of the State of South Dakota, limiting to a flat rate the real property taxes.

This bill proposes a constitutional amendment to limit real property taxes in South Dakota to a flat rate. It would directly affect property owners across the state by capping the amount of tax they can be charged on their real estate. The amendment would require voter approval at the next general election before taking effect. This change aims to provide greater predictability and stability for property owners by preventing tax rates from fluctuating beyond the established flat limit.