HB 1136 South Dakota House · 2025 Regular Session

repeal the alternate realty improvement contractor's excise tax.

This bill proposes to eliminate the alternate realty improvement contractor's excise tax in South Dakota. It directly affects contractors who currently pay this specific tax on real estate improvement projects. The key provision is the complete repeal of the tax, removing the financial burden from these businesses. This change would allow contractors to retain more revenue from their work without the excise tax deduction.
Bill status died 1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 30, 2025 Last action Feb 5, 2025