City Lobbies Against Tax Changes

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City Lobbies Against Tax Changes

The Yankton City Commission this week passed a resolution opposing any changes to the tax treatment of municipal bonds. City Manager Amy Nelson says the state’s first class cities talked about the issue at a meeting last month…

Nelson says they are concerned about possible changes being talked about in Washington…

Nelson says the tax exemption has been in place since 1913 and has helped fund over one trillion dollars in public improvements over the years. The commission passed the resolution unanimously.

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