PIERRE, S.D. – South Dakota lawmakers are debating competing measures to address the Legislature’s commitment to scale back a 2016 sales tax hike.
The state House voted narrowly Monday to advance a bill that would incrementally roll back the half-cent sales tax hike dedicated to raising teacher pay each budget year that sales tax revenue growth exceeds a certain threshold. Lawmakers are debating the proposals because of ambiguity in the roughly three-year-old law that sought to require the tax increase be phased out if the state ever gained the ability to collect sales taxes from out-of-state internet retailers.
For The Full Story: The News Tribune
The News Tribune
by james nord
February 26, 2019