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South Dakota Legislature Passes Law Changing How Coops Are Taxed

Following a 31-2 vote in the South Dakota Senate, S.B. 123 is headed to the governor's desk for signature.  If the bill is signed into law, rural electric coops will be taxed based exclusively on the total number of kilowatt-hours delivered to customers.
March 2, 2012

Following a 31-2 vote in the South Dakota Senate, S.B. 123 is headed to the governor's desk for signature.  If the bill is signed into law, rural electric coops will be taxed based exclusively on the total number of kilowatt-hours delivered to customers.  Coops support this bill because it is designed to limit future tax increases.  The Daily Republic has been following this story.

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