South Dakota legislation · 101st Legislature (2026)
South Dakota HB1089: modify the distributions of revenues collected from severance taxation on new permits.
Status: Signed into law, March 30, 2026
What the bill says
An Act ENTITLED An Act to modify the distributions of revenues collected from severance taxation on new permits.
From the enrolled text, March 5, 2026:
An Act ENTITLED An Act to modify the distributions of revenues collected from severance taxation on new permits. Be it enacted by the Legislature of the State of South Dakota: Section 1. That § 10-39-54 be AMENDED: 10-39-54. All taxes, interest and penalties imposed and collected by the secretary of revenue under this chapter must be distributed as follows: (1) For persons severing precious metals that were in business in the state prior to January 1, 1981, all revenues collected must be deposited in the state treasury and credited to the general fund; (2) For persons permitted on or after January 1, 1981, but before July 1, 2026, for the purpose of severing precious metals, eighty percent of the revenues collected must be deposited in the state treasury and credited to the general fund, while the remaining twenty percent must be remitted by the secretary of the department to the treasurer of the county in which the precious metals were severed. When the county has received a total of one million dollars attributable to any person subject to the tax, all future revenues attributable to that person must be deposited in the state treasury and credited to the general fund. No merger, consolidation or acquisition of a person subject to §§ 10-39-54 to 10-39-54.4, inclusive, by another such person, limits …
Sponsors
- Randy Deibert (R, SD-031) · primary sponsor
- Mary Fitzgerald (R, HD-031) · primary sponsor
- Timothy Goodwin (R, HD-030)
- Scott Odenbach (R, HD-031)
Latest actions
- : Signed by the Governor
- : Delivered to the Governor
- : Signed by the President
- : Signed by the Speaker
- : Do Pass
- : Placed on calendar pursuant to JR 6F-6
- : Report out of committee without recommendation
- : Recalled from committee (Rule 7-7) Committee on Appropriations
- : Deferred to the 41st legislative day
- : Scheduled for hearing
Votes
- Do Pass (March 4, 2026): 21 yea, 13 nay, passed
- Deferred to the 41st legislative day (March 2, 2026): 5 yea, 4 nay, passed
- Do Pass (February 18, 2026): 9 yea, 0 nay, passed
- Placed on calendar pursuant to JR 6F-6 (February 6, 2026): 23 yea, 11 nay, passed
- Do Pass (January 29, 2026): 65 yea, 0 nay, passed
Subjects: Taxation, Minerals
Common questions
- What is HB1089?
- HB1089 is a bill in the South Dakota Legislature (101st Legislature (2026)): modify the distributions of revenues collected from severance taxation on new permits.
- What does HB1089 do?
- In its own words: An Act ENTITLED An Act to modify the distributions of revenues collected from severance taxation on new permits.
- What is the status of HB1089?
- Signed into law as of March 30, 2026. Latest action: Signed by the Governor (March 30, 2026).
- Who sponsored HB1089?
- Randy Deibert (R, SD-031), with 3 co-sponsors.
- Where is the official record for HB1089?
- On the South Dakota Legislature website: https://sdlegislature.gov/Session/Bill/26874
Source: official South Dakota record. Tracked by Delilah, AI for legislation across all 50 states and Congress.