subject advertising services to a gross receipts tax, and to allocate proceeds to property tax relief.

This bill proposes to apply a gross receipts tax to advertising services sold within South Dakota. The tax would directly affect businesses that provide advertising services, requiring them to pay a percentage of their revenue to the state. Revenue collected from this new tax would be allocated specifically to provide relief for property taxes. The legislation aims to generate state funds through a new tax category while directing those funds toward property tax assistance.