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exempt certain sales of goods and services by minors from the sales tax.

HB1204 exempts sales of goods and services by minors from South Dakota's sales tax, meaning young people won't have to collect or pay sales tax on items or services they sell. This change applies to minors engaging in small business activities like babysitting, yard work, or selling crafts, reducing the tax burden on these informal youth enterprises.

revise and promote greater efficiency with sales tax exemptions.

HB1167 streamlines South Dakota's sales tax exemptions by eliminating or consolidating various narrow exemptions that are rarely used or difficult to administer, making the tax code simpler and more efficient. The bill keeps major exemptions (like those for groceries, medicine, and manufacturing equipment) while removing outdated or redundant categories to reduce compliance costs for businesses and the state. This reduces the number of exemptions from dozens to a more manageable set while generating modest additional tax revenue.

revise certain provisions regarding sales tax.

This bill authorizes changes to South Dakota's sales tax programs, though the specific details of those revisions are not provided in the text. Without the actual provisions being amended or added, the exact impact on taxpayers or businesses cannot be determined from this summary version of the legislation.