SB 239 modifies South Dakota's reinvestment payment program by updating key definitions used in the program, including adding a new definition for "cryptocurrency" and clarifying what counts as a "data center" for purposes of the program. The bill also adjusts how goods and services purchased for reinvestment-approved projects are treated under state law. These changes appear designed to modernize the reinvestment program to cover new types of businesses and clarify eligibility requirements.
The bill was substantially rewritten to add comprehensive definitions section covering terms like cryptocurrency, data center, and equipment upgrades, replacing the prior version's provisions on reinvestment payment affidavits.
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