SD SCR601

Concurrent resolution encouraging South Dakota's legislative and executive branches to develop economic policies based on limited government, deregulation, and organic entrepreneurial growth

Expresses opposition to government use of tax credits and subsidies to attract businesses to the state

Affirms that government's role in economic development should be limited to protecting individual rights, limiting taxes and regulations, and avoiding competition with private enterprise

Declares that deregulation, rather than government financing of companies and jobs, is the preferred method to promote community investment

Non-binding resolution expressing the Legislature's position on free market economic principles; does not create new laws or requirements