If Randy Schaefer finds some of the comments about his development in Madison's TIF District taxing, wait until he reads Senate Bill 42. Just a couple weeks after the South Dakota Supreme Court ruled that rental of self-storage units isn't subject to sales tax (and storage unit owners started seeing visions of tax refunds dancing in their heads), the Department of Revenue and Regulation has submitted legislation to abrogate that ruling and start make collecting 4% on storage unit rentals legit. And Pierre wants its money now: SB 42 declares an emergency and imposes the tax immediately upon passage.
Will that 4% tax kill a budding Madison business? Can Russ Olson ride to the rescue of free enterprise? I can't wait for the legislative session to start!
***Pipeline News from Corps of Engineers - I just heard on NPR SDPB-Radio that the US Corps of Engineers has stated that the current Dakota Access pipeline route under the Missouri is unsatisfactory...
11 hours ago