User uShare Login | Register
Login
Register

Along with posting photos, videos, and stories, your uShare account lets you post Classified Ads, recipes on What's For Dinner, and Announcements.


61° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

KELOLAND.com | Sioux Falls News & Weather, South Dakota News & Weather, Minnesota and Iowa News

[0] My Saved Articles
Back to all news

Politics

Find local businesses
on the KELO Pages!

 

Panel Endorses Balanced Budget Amendment

February 6, 2012, 12:44 PM by Karen Sherman

Panel Endorses Balanced Budget Amendment
PIERRE, SD - A legislative committee has endorsed Gov. Dennis Daugaard's plan to amend the South Dakota Constitution to make it clear that the state budget must be balanced.

Jim Seward, the governor's legal counsel, says language in the constitution now implies that the state budget must be balanced. He says new language expressly requiring a balanced budget is needed to maintain the state's good bond rating, which will help get low interest rates when special authorities issue bonds for building projects.

The proposed constitutional amendment says the governor must propose and the Legislature must pass a balanced budget each year.  Reserve funds could be used to balance the budget.  If the full Legislature endorses the proposal, the proposed constitutional change will be put on the November ballot for a statewide public vote.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View politics

You may also like

Rep. Noem Headed To Asia

4/18/2014 4:37 AM

Republican Rep. Kristi Noem is headed to Asia with several other members of Congress. She's one of eight Republicans and one Democrat in a grou...

Full Story
Rounds Raises About $724K In 1Q, Has $1M On Hand

4/21/2014 1:43 PM

Former Gov. Mike Rounds raised about $724,000 during the first three months of 2014 for his campaign for a U.S. Senate seat.

Full Story
SD Board OKs Studies On Roads, Wine Distribution

4/23/2014 12:54 PM

A South Dakota legislative board has approved two summer study committees on topics that will likely lead to proposed legislation during the 2015 sess...

Full Story
Legislative Leaders Push For Adjournment

4/20/2014 3:02 PM

Legislative leaders say they could end the session this week despite disagreements over budget bills and Gov. Terry Branstad's policy priorities.

Full Story
IA Senate Renews Effort To Legalize Medical Marijuana

4/23/2014 2:49 PM

A renewed effort to legalize the use of marijuana to treat chronic epilepsy has won the support of a legislative panel.

Full Story


Events

 
 
KELOLAND TV: 501 S. Phillips Avenue, Sioux Falls, SD 57104
Phone: 605.336.1100 · Breaking News call: 1-800-888-5356
Web Site Design and Custom Programming By: Lawrence & Schiller© 2014 KELO-TV -- KELOLAND.COM -- ALL RIGHTS RESERVED