This is why I don’t blog as much about the state legislature, it’s like a freaking broken record. They do this every year. (notice the cartoon is from 2009)Waste enormous amounts of time on guns and abortion without really addressing the budget;
The South Dakota Legislature’s budget-writing committee has delayed a decision on how much revenue to expect for the rest of the current year and the budget year that begins July 1.
The Joint Appropriations Committee had planned to make a formal decision Monday. But House Appropriations Chairman Fred Romkema of Spearfish says the decision is delayed until at least Tuesday because the Legislature has not settled the fate of some other bills that could affect revenue collections.
The committee later this week will put the finishing touches on the spending plan so the Legislature can pass the budget by Friday, the end of the main run of this year’s legislative session.
Gov. Dennis Daugaard has proposed a $4.1 billion state budget, with $1.3 billion to come from state tax funds.
A comprehensive South Dakota economic development fund proposed by state legislators would be paid for with contractors excise tax collections and money from unclaimed property.
Republican Sen. Corey Brown, of Gettysburg, outlined the Building South Dakota Fund to the House State Affairs Committee on Monday. The panel voted unanimously to move the bill to the House floor.
The measure was introduced at a bipartisan news conference last week. It would focus on providing tax breaks for large projects that the state otherwise might not attract. It also would provide money for training workers and helping communities build the infrastructure needed to encourage development.
Republicans and Democrats have worked for the past two months to find a compromise plan.
The bill received supportive testimony from nearly two dozen people.
At least it is not coming out of the general fund, and supported by contractors, BUT voters clearly told them last November, NO HANDOUTS TO LARGE CORPORATIONS, and what do they do? Well at least job training is included, but I have a feeling that will be trickle down. You know, if the state was attracting businesses that paid living wages, I would be all for these incentives.