S.D. Labor Dept.: South Dakota Employers to Save $18 Million
October 25, 2023
October 25, 2023
PIERRE, South Dakota, Oct. 25 -- The South Dakota Department of Labor and Regulation issued the following news release:
30,000 South Dakota employers will see an estimated $18 million in savings from their reemployment assistance taxes thanks to legislation Governor Noem signed into law last session that cut contribution rates by 0.5%. Employers will begin to receive their 2024 reemployment assistance tax rate notices on Oct. 31.
"I'm proud to say this was the firs . . .
30,000 South Dakota employers will see an estimated $18 million in savings from their reemployment assistance taxes thanks to legislation Governor Noem signed into law last session that cut contribution rates by 0.5%. Employers will begin to receive their 2024 reemployment assistance tax rate notices on Oct. 31.
"I'm proud to say this was the firs . . .