Gas Tax Revenue Numbers Not Available Since Tax Increase

Cheap gasThe increased gas tax in South Dakota has been in effect since April 1st, and there has not been any official word on the amount of revenue generated.   Governor Dennis Daugaard says that the gas tax increase is part of a three-pronged approach for fund roads and bridges across that state…

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The third prong is registration fees, also known as license plate fees. Daugaard says a lot of South Dakotans “jumped the gun” to renew their license plates before the April 1st rate raise.  Daugaard says the fee increases are similar to sales tax, so that is why there has not been any preliminary numbers reported…
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Daugaard says the three new revenue sources will be strictly used for roads and bridges…

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The changes stem from a transportation funding bill passed by the 2015 Legislature.