South Dakota: Sales Tax Exemption for Elderly and Disabled People
- Apr 4, 2014 | Gail Cole
South Dakota has allotted $450,000 for tax relief for elderly and disabled persons. The funds (“or so much thereof as may be necessary”) are under the charge of the Department of Revenue, which has the authority to approve vouchers.
House Bill 1113 amends Chapter 10-45A-1, revising household income limits for the refund. The income for single-member households has been increased to $11,670. The income for multiple member households has increased to $15,730. Households making more than these amounts are not eligible for a sales and use tax or property tax refund. The bill was signed by the governor on March 26 and took effect immediately.
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