Bill
Bill > HB1327
SD HB1327
Reduce certain gross receipts tax rates and a use tax rate, and to repeal a conditional reduction of certain gross receipts tax rates.
summary
Introduced
02/02/2022
02/02/2022
In Committee
02/23/2022
02/23/2022
Crossed Over
02/23/2022
02/23/2022
Passed
Dead
03/28/2022
03/28/2022
Introduced Session
2022 Regular Session
Bill Summary
An Act to reduce certain gross receipts tax rates and a use tax rate, and to repeal a conditional reduction of certain gross receipts tax rates.
AI Summary
This bill reduces certain gross receipts tax rates and a use tax rate in South Dakota. Specifically, it lowers the tax rate from 4.5% to 4.25% on July 1, 2022, and further reduces it to 4% on July 1, 2023. The bill applies these changes to taxes on retail sales, certain services, telecommunications, transportation of passengers, and more. Additionally, the bill repeals a conditional reduction of certain gross receipts tax rates that was previously tied to additional revenue collected from remote seller sales tax obligations.
Committee Categories
Budget and Finance, Government Affairs
Sponsors (36)
Chris Karr (R)*,
Ryan Maher (R)*,
Aaron Aylward (R),
Drew Dennert (R),
Fred Deutsch (R),
Caleb Finck (R),
Mary Fitzgerald (R),
Julie Frye-Mueller (R),
Spencer Gosch (R),
Brock Greenfield (R),
Lana Greenfield (R),
Randy Gross (R),
Jon Hansen (R),
Steven Haugaard (R),
Charles Hoffman (R),
Taffy Howard (R),
Kevin Jensen (R),
Phil Jensen (R),
David Johnson (R),
Sam Marty (R),
Liz May (R),
John Mills (R),
Rhonda Milstead (R),
Tina Mulally (R),
Al Novstrup (R),
Scott Odenbach (R),
Marty Overweg (R),
Carl Perry (R),
Tom Pischke (R),
Tony Randolph (R),
Bethany Soye (R),
Jim Stalzer (R),
Marsha Symens (R),
Richard Vasgaard (R),
Kaleb Weis (R),
Marli Wiese (R),
Last Action
State Affairs Deferred to the 41st legislative day, Passed, YEAS 8, NAYS 1. (on 02/25/2022)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://sdlegislature.gov/#/Session/Bill/23463 |
House of Representatives Amendment 1327C | https://mylrc.sdlegislature.gov/api/Documents/233887.pdf |
BillText | https://mylrc.sdlegislature.gov/api/Documents/234614.pdf |
BillText | https://mylrc.sdlegislature.gov/api/Documents/232197.pdf |
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