First Hearing For 3rd Penny Sales Tax Bill
February 10, 2010, 5:56 PM
PIERRE, SD -
A bill that would allow cities in South Dakota to raise the sales tax another penny will have its first hearing in Pierre Thursday. The main backer of the bill is the City of Sioux Falls.
City officials want to use the extra money generated by the tax to build a new events center. But Sioux Falls isn't alone; the South Dakota Municipal League says 92 different communities have already voiced their support for the bill.
The bill would allow cities in South Dakota to hold a public vote to raise the sales tax by an extra penny. It would mean you would be paying an extra $1 in taxes every time you spent $100. The money would have to be used for large projects that cannot be paid for from other areas of the city budget.
The bill also says that a city must tell voters how long the extra tax will be into effect and when it will end. Sioux Falls estimates the extra penny tax would have to be charged for three to four years to raise money for the events center.
A hearing in the House Local Government committee will be held Thursday at 10 a.m. and Mayor Dave Munson plans to testify about the bill. But it's only the first step in the five-step process of passing the third penny sales tax bill through the legislature.
© 2010 KELOLAND TV. All Rights Reserved.
8/18/2014 11:35 AM
Sioux Falls Police have ticketed a 26-year-old driver for her involvement in a deadly bicycle crash last month.
8/19/2014 11:13 AM
A Sioux Falls day care provider faces charges after a child in her care was hospitalized.
8/17/2014 11:30 AM
Authorities say a 23-year-old Illinois man who was reported missing in early August was found dead in the Black Hills National Forest.
8/14/2014 1:25 PM
Susan Schneider, wife of Robin Williams, says the late actor was in the early stages of Parkinson's Disease, along with battling depression and an...
8/14/2014 10:05 PM
Most of us take our vision for granted. But what if suddenly you could never see the faces of your loved ones again? What if within just a m...