Sales and Use Tax Rebate Programs Available for Livestock Development
Tuesday, May 14, 2019
In an effort to encourage more livestock development, the sale and use tax rebate programs (South Dakota Jobs Grant and Reinvestment Payment Program) are now available for that purpose. Last year, South Dakota counties turned down millions of dollars in capital investment related to livestock development. With the increased focus on agriculture at the Governor’s Office of Economic Development (GOED) with the Ag Development division relocating into the agency, the GOED saw an opportunity to address this very important issue.
The GOED recognized that there was an opportunity to utilize two existing programs within the agency that have existed for several...