This bill prohibits South Dakota state government and its agencies from accepting central bank digital currencies (whether from the U.S. or other countries) as payment for taxes, fees, tuition, or any other obligations. Additionally, any private business or individual that chooses to accept a central bank digital currency must also accept at least one other form of legal tender as an alternative payment method.
This bill does not directly amend codified state law.
Signed by the Governor H.J. 410
Delivered to the Governor H.J. 372
Signed by the President S.J. 380
Signed by the Speaker H.J. 362
Senate Do Pass Passed, YEAS 32, NAYS 1. S.J. 346
State Affairs Do Pass Passed, YEAS 8, NAYS 1.
State Affairs Scheduled for hearing
First read in Senate and referred to Senate State Affairs S.J. 270
House of Representatives Do Pass Passed, YEAS 64, NAYS 1. H.J. 248
State Affairs Certified uncontested, placed on consent H.J. 1
State Affairs Do Pass Passed, YEAS 13, NAYS 0. H.J. 1
State Affairs Scheduled for hearing H.J. 1
First read in House and referred to House State Affairs H.J. 176
David Wheeler
Prime sponsor · Sen.
R
Mike Stevens
Prime sponsor · Rep.
R
Cosponsors
Do Pass
State Affairs — Do Pass
Do Pass
State Affairs — Do Pass