Bill

Bill > HB1075


SD HB1075

SD HB1075
Lower the state sales tax rate and the state use tax rate on food to zero percent.


summary

Introduced
01/17/2023
In Committee
01/26/2023
Crossed Over
Passed
Dead
03/27/2023

Introduced Session

2023 Regular Session

Bill Summary

An Act to lower the state sales tax rate and the state use tax rate on food to zero percent.

AI Summary

This bill proposes to lower the state sales tax rate and the state use tax rate on food and food ingredients to zero percent. It amends the definitions of "food" and "food ingredient" in the existing state sales tax and use tax laws to exclude alcoholic beverages, tobacco products, cigarettes, and cannabis products. The bill aims to provide tax relief on the purchase and use of basic food items for South Dakota residents.

Committee Categories

Budget and Finance

Sponsors (20)

Last Action

Committee on Appropriations Deferred to the 41st legislative day, Passed, YEAS 8, NAYS 1. (on 02/21/2023)

Bill Topics

Macroeconomics
  • ‐ Taxation, Tax Policy, and Tax Reform

bill text


bill summary

Loading...

bill summary

Loading...

bill summary

Document Type Source Location Created
State Bill Page https://sdlegislature.gov/#/Session/Bill/23876 01/17/2023
Fiscal Note HB1075 A https://mylrc.sdlegislature.gov/api/Documents/249053.pdf 02/15/2023
BillText https://mylrc.sdlegislature.gov/api/Documents/243776.pdf 02/03/2023
Loading...