South Dakota Gov. Dennis Daugaard has vetoed a bill that would increase the hotel tax in Deadwood.
The bill would have allowed municipalities to tax $3 per night. The current rate is $2.
In a statement, the governor on Tuesday said it would be a mistake to make it easier for local governments to raise taxes. He says the local officials can already increase tax revenue with the property tax opt-out.
The bill passed the House and Senate with narrow margins. Supporters said the change was necessary to support struggling communities. Opponents argued against a tax increase.
The Legislature could override the veto with a two-thirds vote in both chambers.
Most Popular Today
Former Sioux Falls Executive Investigated For Animal Abuse
Westward Ho Country Club Changes Name
Sanford And First PREMIER Bank Hosting Concert For Employees
- 4.Your Money Matters
Bank Installs Interactive Teller Machines
Rosholt Ethanol Plant Operating After 18 Months
- 6.Your Money Matters
Oil Conference Planned In Spearfish In October
- 8.Health Care
SD, Other States Settle Lawsuit Against Omnicare
Downtown Development: Pedestrian Mall To Road Diet
Thursday Morning Business Brief