SB 239 modifies South Dakota's reinvestment payment program by clarifying definitions and adding new terms related to projects that receive these tax incentives, including adding definitions for "cryptocurrency," "data center," and "direct payment permit." The bill also updates the program's rules regarding the purchasing of goods and services for approved reinvestment projects. These changes appear designed to modernize the program and better accommodate new types of economic development projects, particularly those involving digital infrastructure.
Senate Reconsidered Failed, YEAS 16, NAYS 17. S.J. 373
Senate Intent to reconsider S.J. 363
Senate Do Pass Amended Failed, YEAS 17, NAYS 16. S.J. 362
State Affairs Do Pass Amended Passed, YEAS 6, NAYS 3. S.J. 27
State Affairs Motion to amend S.J. 27
State Affairs Scheduled for hearing S.J. 1
Senate Referred to Senate State Affairs S.J. 199
First Reading Senate S.J. 180
Prime sponsor · Sen.
R
Cosponsors
Reconsidered
Do Pass Amended
State Affairs — Do Pass Amended