PIERRE, (KCCR) — South Dakota’s point-three percent sales tax reduction will return to four-point-five percent in 2027. A bill in the South Dakota Legislature to remove the sunset clause returning the state sales tax to four-point-five percent was tabled in the Senate Committee on Appropriations Friday. Bureau of Finance and Management Commissioner Jim Terwilliger says over the last five years, South Dakota population has grown which is driving the economic growth…
Matthew Bogh, lobbyist for the South Dakota Farm Bureau says the state’s farmers want lawmakers to hold off on ditching the sunset…
Committee member, Senator John Wiik of Big Stone City there’s no need for the measure…
The bill was tabled on a seven-two vote, however there are legislative processes available that could revive the measure.
