This bill makes permanent a tax reduction that was previously set to expire on June 30, 2027. By repealing the expiration date, South Dakota will keep its lower gross receipts and use tax rates in place indefinitely instead of letting them revert back to higher rates. Businesses and consumers will continue to benefit from these reduced tax rates without any scheduled increase.
AI-generated summary
This bill does not directly amend codified state law.
Senate Reconsidered Failed, YEAS 16, NAYS 17. S.J. 295
Senate Intent to reconsider S.J. 280
Senate Do Pass Failed, YEAS 17, NAYS 17. S.J. 280
Senate Deferred to another day S.J. 259
Senate Deferred to another day S.J. 220
Committee on Appropriations Do Pass Passed, YEAS 6, NAYS 3. S.J. 1
Committee on Appropriations Scheduled for hearing S.J. 1
First read in Senate and referred to Senate Committee on Appropriations S.J. 139
Prime sponsor · Sen.
R
Prime sponsor · Rep.
R
Reconsidered
Do Pass
Committee on Appropriations — Do Pass