South Dakota legislation · 101st Legislature (2026)
South Dakota HB1286: amend the process by which moneys are distributed from the employer's investment in South Dakota's future fund.
Status: Signed into law, March 10, 2026
What the bill says
An Act ENTITLED An Act to amend the process by which moneys are distributed from the employer's investment in South Dakota's future fund.
From the enrolled text, March 4, 2026:
An Act ENTITLED An Act to amend the process by which moneys are distributed from the employer's investment in South Dakota's future fund. Be it enacted by the Legislature of the State of South Dakota: Section 1. That § 61-5-29.1 be AMENDED: 61-5-29.1. There is created in the state treasury the employer's investment in South Dakota's future fund, to be administered by the Governor's Office of Economic Development, for the purpose of making grants or awards for research or economic development projects in this state. For purposes of this section, section 61-5-29.3, and sections 3 to 6, inclusive, of this Act, "a research or economic development project" means: (1) Research or equipment required in support of key industries, universities, or industries determined to be viable through an economic analysis of this state, a specific community, or a research project; (2) A scholarship for any program that prepares a student for a career field available in this state and is offered through: (a) A public institution of higher education under the jurisdiction of the Board of Regents or the South Dakota Board of Technical Education; or (b) A nonpublic or tribal institution of higher education accredited by an accrediting agency recognized by the United States Department of Education; (3) Workforce development, apprentice programs, workforce trainings, workforce recruitment, or career and technical …
Sponsors
- Taffy Howard (R, 34) · primary sponsor
- Marty Overweg (R, HD-021) · primary sponsor
- Heather Baxter (R, HD-034)
- Eric Emery (D, HD-026)
- Erik Muckey (D, HD-015)
- Carl Perry (R, 03)
- Mykala Voita (R, SD-021)
Latest actions
- : Signed by the Governor
- : Delivered to the Governor
- : Signed by the President
- : Signed by the Speaker
- : Do Pass Amended
- : Do Pass
- : Scheduled for hearing
- : Referred to State Affairs
- : First Reading Senate
- : Do Pass Amended
Votes
- Do Pass Amended (March 3, 2026): 33 yea, 1 nay, passed
- Do Pass (March 2, 2026): 7 yea, 2 nay, passed
- Do Pass Amended (February 23, 2026): 63 yea, 4 nay, passed
- Do Pass Amended (February 11, 2026): 12 yea, 0 nay, passed
Subjects: Administrative Procedure, Reemployment Assistance, Grants, Economic Development, Promulgation of Rules, Future Fund, Legislative Oversight, Reports
Common questions
- What is HB1286?
- HB1286 is a bill in the South Dakota Legislature (101st Legislature (2026)): amend the process by which moneys are distributed from the employer's investment in South Dakota's future fund.
- What does HB1286 do?
- In its own words: An Act ENTITLED An Act to amend the process by which moneys are distributed from the employer's investment in South Dakota's future fund.
- What is the status of HB1286?
- Signed into law as of March 10, 2026. Latest action: Signed by the Governor (March 10, 2026).
- Who sponsored HB1286?
- Taffy Howard (R, 34), with 6 co-sponsors.
- Where is the official record for HB1286?
- On the South Dakota Legislature website: https://sdlegislature.gov/Session/Bill/27181
Source: official South Dakota record. Tracked by Delilah, AI for legislation across all 50 states and Congress.