Gov. Noem announces legislation to cut fees on business incorporations, concealed carry permits

PIERRE, S.D. – On Thursday Governor Kristi Noem announced a single legislation intended to eliminate taxes and fees associated with business incorporations and concealed carry permits in South Dakota.

“South Dakota is already among the most business-friendly states in America. With this action, we will make it even easier to do business here,” said Governor Noem. “We also guarantee the right of our people to keep and bear arms. It will not cost you a penny to exercise your Second Amendment rights in South Dakota.”

The bill would eliminate all fees associated with starting or renewing a domestic business with the Secretary of State in South Dakota. It would also eliminates all fees for concealed carry permits in the state.

The elimination of the bingo tax, which Gov. Noem has also proposed, was introduced by the Department of Revenue via Senate Bill 37. That bill passed the Senate with a unanimous vote. 

Read the proposed tax cut legislation here.

 

Categories: Politics & Elections, South Dakota News