Supporters of South Dakota veto referendum wait for approval as signatures submitted
PIERRE, South Dakota: The waiting game awaits supporters of a state veto referendum, as signatures have been submitted and are currently being reviewed. The veto referendum targets House Bill 1230, which was passed during 2011 state legislative session. The law dedicates part of tax revenues for grants to some business projects in the state.
Specifically, starting on January 1, 2013, a 22 percent portion of contractor-excise tax revenues would allocated to a "large project fund". The state Board of Economic Development would then decide which specific projects would be qualified to receive grants from that large fund. Reports say that the law requires the projects to be at least $5 million in size. The petition drive to send the measure to a statewide vote, however, was spearheaded by South Dakota Democratic Party chairman Ben Nesselhuf.
At least 15,855 valid signatures of South Dakota registered voters needed to be collected in order for the proposed veto referendum to be on the ballot.
According to state law, 5 percent of the signatures on the petitions must be verified, which equals to about 1,150, depending on the total of signatures submitted. On June 27, 2011, supporters of the referendum turned in about 23,000 signatures to the South Dakota Secretary of State's office.
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