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’14’ will determine fate of state’s industrial growth – Measure would grant refunds to companies that locate in S.D.
October 25, 2012/
Business groups re-emphasized their support Tuesday for a ballot issue they said would provide tax relief for prospective employers while encouraging economic development in South Dakota.
Voters on Nov. 6 will determine the fate of Referred Law 14.
The measure would take a share of the money from the contractor’s excise tax and use it for grants to attract future business ventures of $5 million or more. A state board would decide which projects deserve money.
Jon Walker
