Rushmore State News

South Dakota's National Federation of Independent Business (NFIB) has unveiled its key legislative priorities for the 2025 session. Jason Glodt, NFIB South Dakota State Director, highlighted the challenges facing small business owners in the state: "South Dakota small business owners are struggling with rising costs, high property taxes, and workforce shortages." He urged the legislature to focus on reducing tax burdens and enhancing workforce development.

The 2025 legislative session has begun slowly, but NFIB remains committed to advocating for small businesses as new bills emerge. Notably, Governor Noem delivered her farewell State of the State address while new Governor Larry Rhoden is expected to present his vision soon.

Among NFIB's priorities is support for property tax reform that fairly includes small businesses. Glodt noted potential shifts in tax relief from residential to commercial properties could negatively impact small enterprises.

The organization also aims to prevent local fee and tax increases that may arise due to county funding challenges. Counties rely heavily on property tax revenue, which grows annually without a cap on assessed values.

Workforce development remains a crucial issue as South Dakota grapples with labor shortages. Previous legislative measures have eased licensing barriers and facilitated reciprocity with other states. NFIB intends to collaborate further with lawmakers and Governor Rhoden on addressing this crisis.

Additionally, NFIB plans to oppose unnecessary regulatory proposals that might burden small businesses. This includes initiatives seen elsewhere requiring workplace violence prevention plans or banning natural gas in new constructions.

As the session progresses, NFIB will monitor developments closely, supporting policies favorable to small businesses while challenging those deemed detrimental.