Municipalities in South Dakota must now obtain approval from their county's board of commissioners before creating a tax increment financing district. Currently, municipalities can create these districts on their own; this bill adds a requirement that the county commission pass a resolution consenting to the district's creation.
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Taxation Deferred to the 41st legislative day Passed, YEAS 11, NAYS 1. H.J. 2
Taxation Scheduled for hearing
First read in House and referred to House Taxation H.J. 180
Prime sponsor · Rep
R
Dist. SD-034
Prime sponsor · Rep
R
Dist. HD-029
cosponsor · Rep
R
Dist. HD-006
Deferred to the 41st legislative day
Deferred to the 41st legislative day