Opponents seek public vote on SD law using higher sales taxes to drop property taxes

By: Joshua Haiar

Outlets: South Dakota Searchlight

Published: May 1, 2026

Words: 593

Last Updated: 2 months, 2 weeks ago

Body Text Preview

A campaign committee has launched a referendum effort to repeal a new law that would use money from a scheduled statewide sales tax increase to lower property taxes for homeowners.

Lawmakers reduced the sales tax rate from 4.5% to 4.2% in 2023, with the reduction scheduled to sunset next year.

The new law, Senate Bill 245, directs the estimated $110 million or more in sales tax revenue to a fund that offsets property …

Create a free account to access this story and more

Join Plucky Wire to access full stories, collaborate with newsrooms, and discover content from networks around the world.

About

FAQ

Email Us