Governor Kristi Noem signs unemployment insurance tax cut
News Staff
Wednesday, February 8, 2023
On February 1, 2023, Governor Kristi Noem signed HB 1011, which cuts unemployment insurance employer contributions by 0.5%, delivering an $18 million tax cut for South Dakota businesses. “South Dakota’s economy is booming, our unemployment rate is the lowest in our history, and our people are choosing to work,” said Governor Noem.