HB1196 adds a legal definition of "blockchain technology" to South Dakota law, describing it as a distributed digital ledger system that records transactions across multiple computers in a secure, permanent way. This definition will help state agencies and courts consistently understand and apply blockchain-related laws across different areas of regulation. The bill essentially creates a shared vocabulary so that future laws referencing blockchain technology have a clear, agreed-upon meaning.
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Signed by the Governor H.J. 694
Delivered to the Governor H.J. 626
Signed by the President S.J. 600
Signed by the Speaker H.J. 593
Senate Do Pass Amended Passed, YEAS 34, NAYS 0. S.J. 540
Commerce and Energy Scheduled for hearing
Commerce and Energy Placed on consent
Commerce and Energy Do Pass Passed, YEAS 7, NAYS 0. S.J. 518
First read in Senate and referred to Senate Commerce and Energy S.J. 368
House of Representatives Do Pass Amended Passed, YEAS 62, NAYS 2. H.J. 380
Commerce and Energy Do Pass Amended Passed, YEAS 13, NAYS 0. H.J. 339
Commerce and Energy Motion to amend
Commerce and Energy Scheduled for hearing
Commerce and Energy Scheduled for hearing
First read in House and referred to House Commerce and Energy H.J. 252
Jeff Partridge
Prime sponsor · Sen.
R
Jon Hansen
Prime sponsor · Rep.
R
Cosponsors
Do Pass Amended
Commerce and Energy — Do Pass
Do Pass Amended
Commerce and Energy — Do Pass Amended