Proposing and submitting to the electors at the next general election amendments to Article XI
of the Constitution of the State of South Dakota to prohibit the taxation of income except on
banks or financial corporations.
Representatives McCaulley, Hennies (Don), Koistinen, Madsen, McCoy, Monroe, Napoli, Slaughter, and Wick and Senator Staggers
HJR 1005 Proposing and submitting to the electors at the next general election an amendment to Article XI of the Constitution of the State of South Dakota to prohibit the taxation of realty improvement contracts.
Representatives Lange, Bradford, Burg, Davis, Elliott, Hanson (Gary), Hargens, Hundstad, Kloucek, Nachtigal, Peterson (Jim), Sigdestad, and Valandra and Senators Hutmacher, Dennert, Duxbury, Hagen, Koetzle, McIntyre, Reedy, and Staggers
HJR 1006 Proposing and submitting to the electors at the next general election a new section to Article XI of the Constitution of the State of South Dakota, relating to the imposition of a corporate income tax.
Representatives Kooistra, Begalka, and Lange and Senator McIntyre
HB 1201 impose an income tax on interest and dividends and to provide penalties for the violation thereof.
Representatives Lange, Bradford, Hanson (Gary), Hundstad, Kloucek, and Valandra and Senators McIntyre and Reedy
NOTE: The above bills will be taken up in this order for a hearing on the date noted. If circumstances do not permit a hearing on this date then a hearing will be held at a future meeting of the committee to be determined by the chair. Action on a bill may come at any time after it has had a hearing.
BILLS FOR POSSIBLE ACTION WHICH HAVE HAD PRIOR HEARING.
revise the procedure for assessing agricultural property and to repeal the nonagricultural acreage
Representatives Lintz, Duenwald, Fryslie, Hansen (Tom), Jensen, Klaudt, Pederson (Gordon), Rhoden, and Sigdestad and Senators Diedrich (Larry), Dennert, Drake, Koskan, and Vitter
HB 1247 require payment of certain property taxes if agricultural land is changed to another classification of property.
Representatives Rhoden, Jensen, Lintz, and Pederson (Gordon) and Senator Vitter
HB 1097 establish certain classifications of property and to revise the tax levy for the general fund purposes of a school district.
Representatives Lintz, Duniphan, Hanson (Gary), Jensen, Napoli, Pederson (Gordon), Rhoden, and Sigdestad and Senators Vitter and Koskan