Maddy summaryHB 1318 prohibits South Dakota from engaging with or investing in "natural asset companies," defined as for-profit entities that manage ecological resources like soil, biodiversity, or water quality for financial gain. The bill bans state contracts, investments, and bonds involving these companies, prohibits them from operating in the state, and voids any contracts entered after July 1, 2026. It also requires the Secretary of State to revoke business licenses for such companies and prevents natural assets (e.g., land, water rights) from being transferred to them. The law applies broadly to corporations and LLCs classified as natural asset companies but excludes state retirement systems and investment councils.
Sponsored bills
Maddy summaryHB 1295 revises how South Dakota's Department of Transportation acquires highway easements and rights of way, including for borrow pits (used for construction materials). It requires the Department to provide landowners with a detailed notice explaining the purpose, property description, and promise of "just compensation" before acquisition. The notice must be filed with the county register of deeds and shared with all known property interest holders. If negotiations fail, the bill directs the Department to follow standard condemnation procedures under existing law. This bill directly affects landowners near highway projects and clarifies the Department's acquisition process.
Maddy summaryThis House Concurrent Resolution (HCR 6014) honors the 37 privately owned cabin owners in Custer State Park and their property rights. It recognizes that these owners pay property taxes, lease fees to the park, and contribute to the park foundation, but face uncertainty as their leases expire soon. The resolution urges the Governor and Department of Game, Fish and Parks to create new leases for the cabin owners to secure their future in the park. As a symbolic resolution, it does not create new legal rights but expresses legislative support for the cabin owners' continued role in the park.
Maddy summaryHB 1285 amends South Dakota election timing rules for municipalities and school districts. It requires special elections on specific dates (30-50 days after petition) and allows certain questions - like annexation, dissolution, or consolidation - to be combined with regular annual elections if filed within 90 days before them. The bill also sets deadlines for holding elections (e.g., annexation votes must occur within 60 days of resolution) and clarifies when petitions must be filed to align with existing election cycles. This directly affects local governments managing elections by standardizing procedural timelines.
Maddy summaryHB 1240 requires businesses distributing or selling vapor products (like e-cigarettes) in South Dakota to obtain licenses from the Department of Revenue. Distributors must pay a $100 fee and keep transaction records for three years, while retailers must pay $250, verify customer ages at checkout using a third-party system, and maintain proof that products came from a licensed distributor. The bill also restricts the sale of non-tobacco, non-mint, and non-menthol flavored vapor products to stores that limit access to customers 21 and older and earn at least 25% of revenue from vapor and tobacco products. Violating these rules can result in misdemeanor charges, with penalties including fines.
Maddy summarySB 144 provides property tax relief to South Dakota seniors meeting specific criteria: individuals aged 65+ who have owned an owner-occupied single-family home for 10+ years, lived in the state for 25+ years, and have no delinquent property taxes. The bill establishes a property tax assessment freeze, locking the taxable value of qualifying homes at either the 2020 value or the value when the homeowner first qualified, preventing increases due to rising market values. Homeowners must apply through county treasurers with required documentation, and the freeze applies annually as long as the homeowner continues to meet eligibility. This directly affects eligible senior homeowners in South Dakota who own and reside in single-family homes meeting the defined residency and ownership requirements.
Maddy summarySB 195 repeals the scheduled expiration of reduced gross receipts and use tax rates established in 2023. It prevents these tax rate reductions from reverting to prior rates after June 30, 2027. The bill directly affects businesses in South Dakota that pay these specific taxes, ensuring the lower rates remain in effect without requiring new legislation. This is a procedural change to maintain existing tax policy, not a new tax rate adjustment.
Maddy summaryHB 1316 changes the timing for conducting election canvasses in South Dakota. It revises Section 12-20-36 to require county election officials to complete canvassing at 9 a.m. local time on the first Tuesday after an election, instead of within six calendar days. Section 12-20-47 is amended to require the State Canvassing Board to begin reviewing county returns at 9 a.m. central time on the second Tuesday after an election, replacing the previous seven-day deadline. This procedural bill affects election administrators and county officials responsible for processing election results, with no direct impact on voters or policy outcomes.
Maddy summaryHB 1269 requires manufacturers of agricultural equipment (like tractors, combines, and irrigation systems) to provide independent repair shops or equipment owners with necessary repair information and tools. It mandates that manufacturers share diagnostic codes, manuals, and specialty tools under "fair and reasonable terms," while protecting trade secrets and confidential information. The law specifically covers equipment used in farming, excluding motor vehicles and industrial machinery, and applies to both current and newer equipment. This policy change directly affects farmers and independent repair businesses by expanding their ability to repair equipment without relying solely on manufacturer-approved services.
Maddy summaryHC 8011 is a symbolic legislative resolution honoring Greg Blue for 35 years of service on the Iroquois School District Board of Education. It commends him for his dedication to students, staff, and the community, recognizing his receipt of the Associated School Boards of South Dakota's Distinguished Service Award. This procedural resolution has no policy impact or direct effect on laws or regulations; it solely expresses the legislature's appreciation through formal words of recognition.