Published by admin on Wed, 04/09/2025 - 11:50am
South Dakota Republican Gov. Larry Rhoden has unveiled a proposal that would give counties the option to implement a half-percent sales tax to fund property tax reductions for homeowners.
Rhoden said the plan could save hundreds of dollars annually for typical homeowners in some areas. Counties that opt-in to the plan would shift some of their residential property tax burden to consumers, he said, including tourists from elsewhere making purchases while they pass through.
“Realistically, it’s a tax decrease for the citizens of the state,” Rhoden said.