South Dakota currently taxes the extraction of energy minerals like coal and oil through a severance tax, but lithium and pegmatite are not included in that tax. This bill adds lithium and pegmatite to the list of energy minerals subject to severance tax, meaning companies that mine these minerals in South Dakota will have to pay the state a tax based on the value of what they extract.
This bill does not directly amend codified state law.
Taxation Deferred to the 41st legislative day Passed, YEAS 4, NAYS 2. S.J. 5
Taxation Scheduled for hearing
First read in Senate and referred to Senate Taxation S.J. 137
House of Representatives Do Pass Amended Passed, YEAS 57, NAYS 13. H.J. 164
House of Representatives Motion to amend H.J. 162
Taxation Do Pass Amended Passed, YEAS 8, NAYS 5. H.J. 4
Taxation Motion to amend H.J. 3
Taxation Scheduled for hearing
First read in House and referred to House Taxation H.J. 45
Julie Frye-Mueller
Prime sponsor · Sen.
R
Kirk Chaffee
Prime sponsor · Rep.
R
Cosponsors
Taxation — Deferred to the 41st legislative day
Do Pass Amended
Taxation — Do Pass Amended