The 100th South Dakota Legislative Session is set to begin on January 14th with property tax reform expected to be a key focus. Mitch Richter, a lobbyist for the South Dakota Farmers Union, said his organization will closely monitor the proposals. “One proposal raises the sales tax from four percent to five percent, offering property tax relief exclusively to homeowners. That leaves out agricultural and commercial properties,” said Richter. “If no changes are made to include relief for agriculture, we’ll likely propose a task force to study the issue over the next year and return with solutions for the next session.” Agriculture groups hope the discussions will lead to more comprehensive tax reforms in the state.
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