South Dakota Representatives have proposed HB 1214, which should it become law, would reduce the 4% rate state residents pay on items at the grocery store down to 3.5%. Cities across South Dakota have local rates on groceries ranging between 1% and 2% on top of the 4% state rate. However, even if the bill were to pass both houses and get the governor’s approval, a condition is that the state would need to see a 6% bump in tax revenue the year before. HB 1214 aims to reduce the rate on October 1st.
Source: http://www.keloland.com/News/NewsDetail6375.cfm?Id=127033
