Taxes

House lawmakers are overwhelmingly advancing a proposal that cuts the overall state sales tax from 4.5 percent down to 4.2 percent. The reduction will result in a roughly $104 million dollar tax cut from the state general fund.

Governor Kristi Noem is weighing in on several defeats her policy priorities have taken this legislative session.

House Republicans want to reduce the overall sales tax hit for state residents.

The state’s budget wizards say the state will receive $190 million dollars more than what Governor Kristi Noem outlined in December. Now, appropriators will fit together the pieces of the state budget.

SDPB's Lee Strubinger breaks down the three proposed tax cuts currently being discussed by South Dakota lawmakers.

Gov. Kristi Noem says of the three large tax cuts being considered by state lawmakers, she's focused on one. The second-term Republican governor wants to remove the state sales tax on food.

All three House bills that cut certain taxes are now in play. Legislative leaders and the governor say they want to cut some form of taxes at the state level. They all cut somewhere around $100 million dollars, but which tax cut remains to be seen.

A House panel has advanced a proposal to cut the state sales tax on food, though the measure may faces challenges ahead in the legislature.

Gov. Kristi Noem says now is the time to cut the state sales tax on food.   Some lawmakers have filed a bill to do just that.

A report from a group that assists the state legislature shows the state’s economic growth is driven by inflation and federal stimulus dollars. The report by the Legislative Research Council shows the state’s organic growth declined in the last year.