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Gov. Kristi Noem has signed the Fiscal Year 2024 budget bill approved by lawmakers, though the fate of a separate bill reducing the sales tax remains unclear.
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Gov. Kristi Noem indicated she still hasn’t made up her mind about signing a tax cut bill approved by the legislature.
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State lawmakers are passing a budget they say constituents should be proud of. It includes the largest tax cut in state history as well as generous funding increases for state services.
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Legislative leaders have reached a deal on cutting the overall state sales tax. A conference committee is agreeing on a proposal to reduce sales tax by point three percent for four years.
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In the battle over tax cuts, Senate Republicans are proposing a fourth option on the overall sales tax reduction. They want to protect state revenues in the event of a recession. House Republicans are iffy on the proposals.
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The 2023 legislative session is coming to a close. SDPB's Lee Strubinger unpacks what lawmakers still have left to do.
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The House has failed to override a veto from Gov. Kristi Noem striking down a hotel tax bill.
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Two tax-cut proposal are still alive. Both reduce the overall sales tax rate.
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With three more legislative days to go, state lawmakers are no closer to delivering a particular tax cut. All three major proposals are back on the table.
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Lawmakers continue to debate which tax cut will benefit South Dakotans the most.