South Dakota legislators gathered for their final legislative crackerbarrel at Western Dakota Tech, discussing various tax relief options with the end of the legislative session quickly approaching. As the legislative session draws to a close, taxes remain a crucial issue for South Dakota legislators.
While there is no perfect solution, they are working to find a way to provide relief while ensuring the state’s finances remain in good order. With many options on the table, it remains to be seen what will ultimately be done as the crackerbarrel served as an opportunity for legislators to discuss and address these challenges.
Tax Relief Discussions:
Throughout the session, taxes have been a key theme with Gov. Kristi Noem introducing a grocery tax repeal, the House introducing a sales tax reduction and the Senate introducing a property tax credit. Another option discussed was waiting a few years to see if South Dakota’s economy remained as strong as it is currently.
State Budget:
Despite the challenges, Duhamel emphasized that the state will have a balanced budget by midnight on Thursday, regardless of whether a tax relief bill is passed. Not passing any tax relief bill would allow funds to be allocated to different programs.
Source: newscenter1
