South Dakota counties can now issue bonds to fund construction, repairs, or renovation of courthouses, jails, public safety centers, and addiction treatment facilities, with the bonds paid back through a county gross receipts tax. Previously, counties had restrictions on issuing bonds for these types of projects under existing state law. The county governing body must pledge to collect enough tax revenue to repay the bonds while they're outstanding.
This bill does not directly amend codified state law.
Taxation Deferred to the 41st legislative day Passed, YEAS 7, NAYS 6.
Taxation Do Pass Amended Failed, YEAS 6, NAYS 7.
Taxation Motion to amend
Taxation Scheduled for hearing
First read in House and referred to House Taxation H.J. 23
Al Novstrup
Prime sponsor · Sen.
R
Ernie Otten
Prime sponsor · Rep.
R
Cosponsors
Taxation — Do Pass Amended
Taxation — Deferred to the 41st legislative day