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4 bills related to

incentivize energy developmentClear
SB111DeadEducation

exclude certain wind energy tax revenue from the state aid to education formula.

SB 111 excludes certain wind energy tax revenue from the calculation used to distribute state aid to schools, meaning schools in wind energy-producing areas will receive less state funding based on that revenue source. This change amends how the state determines each school district's share of education funding under South Dakota law.

Feb 11, 2020
HB1025Enacted

revise certain provisions regarding plugging and performance bonds for oil and gas wells.

This bill updates South Dakota's rules for oil and gas well bonds by allowing the Board of Minerals and Environment to delegate its authority to require these bonds to the Secretary of Environment and Natural Resources. For deeper wells (over 5,500 feet), the bill also adds flexibility by allowing bond amounts to be set at the actual cost of well site cleanup instead of being limited to a fixed amount. These changes streamline the bonding process while ensuring adequate financial protection for properly plugging and restoring oil and gas well sites.

Mar 10, 2020
HB1093TabledAppropriations

establish a pipeline liability fund, to authorize a special fee for extraordinary expenses, and to make a continuous appropriation therefor.

HB 1093 creates a new pipeline liability fund in South Dakota and authorizes the state to collect special fees from pipeline operators to cover extraordinary expenses related to pipeline incidents or cleanup. The bill repeals two existing sections of state law (§2-5-2 and §2-5-3) that apparently dealt with similar pipeline-related matters, replacing them with this new funding mechanism.

Feb 20, 2020
HB1037Enacted

update the adoption of certain American Society for Testing and Materials and National Institute of Standards and Technology standards and certain federal regulations.

South Dakota is updating its fuel quality standards to reference newer versions of national testing requirements. Specifically, the bill changes the biodiesel standard from a 2015 version to a 2020 version of the American Society for Testing and Materials specifications, ensuring the state's fuel rules keep pace with current industry standards.

Feb 20, 2020