Taxation
South Dakota Senators showed their support for the three percent increase proposed by Gov. Dennis Daugaard with unanimous passage of Senate Bill 37. The bill that supplies school districts with the proposed three percent funding increase, which would set the per-student allocation at $4,764 for the 2014-15 school year. In addition to providing …
A week after action was deferred, House Bill 1205’s fate was decided in House Taxation. The committee chose to kill the bill, which called for the creation of the school district tax revenue fund to equalize dollars from revenue collected by school districts from the bank franchise tax, wind energy tax, and gross receipts …
There will be no new property tax classification for South Dakota. Members of the Senate State Affairs committee voted 7-2 to kill House Bill 1086, which created a new tax levy for a school district’s general fund for leased property. The premise of the bill had a similar fate in a Senate committee last …
An option that may help with the rising health insurance costs school districts are facing may be coming. On Monday, House Taxation committee members voted 9-6 to pass House Bill 1218, which authorizes a school district to use certain tax levies for pension and health insurance purposes. The bill would not increase the levy, …
Proposed pension levy expansion passes committee, House Read More »
Members of the House Taxation committee needed more time to mull over the potential effects of a bill that would equalize certain forms of other revenue received by school districts. The committee opted to defer action on House Bill 1205 after a close vote (7-8) to kill the bill failed. House Taxation is scheduled …
Just like last year, only with a handful of fewer votes, the House of Representatives passed a bill that would create a new tax levy for a school district’s general fund for leased property. On a 49-20 vote, Representatives sent House Bill 1086 to the Senate. A similar version of the bill passed the …
Leased property bill leaves House bound for Senate Read More »
A proposed fourth property tax classification passed the House Taxation committee on a 12-3 vote on Thursday. House Bill 1086 would create a new tax levy for a school district’s general fund for leased property; removing it from the commercial levy. Agricultural and owner-occupied property classifications round out the four taxable levies. The …
A small step in the legislative process was a big win for school districts on Wednesday. House Education committee members voted 13-2 to refer a bill that would return the per-student allocation to its previous highpoint of $4,805. ASBSD supports House Bill 1004. “Schools are not in the business to make money. We’re …
Senate Local Government committee members voted down a bill that would have allowed parents of open enrolled students to vote on issues or run for the school board in the district their child is open enrolled in despite not being a resident of the district. On a 6-1 vote, committee members killed Senate Bill …
Three bills with important implications for K-12 education are headed to Gov. Dennis Daugaard’s desk for final approval after Representatives and Senators voted to pass conference committee recommendations. Senate Bill 28: The amended version of the bill adjusting general fund property tax levies for school districts passed the House and Senate by 62-5 and …
Associated School Boards of South Dakota is a private, non-profit organization representing more than 850 local school board members, the school districts they govern and the students they serve.