Lawmakers Say Municipal Sales Tax Bill Well Though Out

MoneyThe South Dakota Municipal League is floating a proposal to give cities an opportunity to raise revenue for a particular project through a limited one-cent sales tax increase.
State Representative Tona Rozum of Mitchell, a former city council member and member of the House Local Government Committee likes the idea….

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According to the bill, the municipality would designate a particular project with a set dollar amount, plus a sunset date, that requires voter approval. If the necessary funds were collected before the sunset date, the tax would end.
While the proposal has failed in the past, State Senator Mike Vehle praised Yvonne Taylor of the South Dakota Municipal League, saying she’s been listening to past concerns in forming this latest version…

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The Mitchell City Council will consider approving a resolution supporting the measure at tonight’s meeting.