# South Dakota HB 1286: amend the process by which moneys are distributed from the employer's investment in South Dakota's future fund.

South Dakota HB 1286, amend the process by which moneys are distributed from the employer's investment in South Dakota's future fund., is a 101st South Dakota Legislature (2026) House bill sponsored by Howard, Taffy (Republican), Overweg, Marty (Republican); status signed, last action 2026-03-10 (Signed by the Governor) (as of 2026-11-01).

- Canonical: https://policyrisk.com/state-bill/SD-HB1286-2026
- As of: 2026-11-01
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: South Dakota HB 1286
- State: South Dakota
- Session: 101st South Dakota Legislature (2026)
- Title: amend the process by which moneys are distributed from the employer's investment in South Dakota's future fund.
- Status: signed
- Chamber: House
- Introduced: 2026-02-04
- Last action: 2026-03-10, Signed by the Governor
- Sponsors: Howard, Taffy (Republican), Overweg, Marty (Republican)
- Cosponsors: 5
- Subjects: Administrative Procedure, Economic Development, Grants, Legislative Oversight, Promulgation of Rules, Reemployment Assistance, Reports, Future Fund
- Touches household money: no
- Roll calls: 4 (115 yes, 7 no in all)
- Economic provisions PRIA read: 2

## Summary

No summary available.

## Bill overview: provisions PRIA read

- More projects qualify for South Dakota grants: benefit, low. South Dakota's future fund supports more types of research, education, and economic development projects. Research and equipment must support key industries, universities, industries found viable through economic analysis, or research projects. Scholarships support programs preparing students for S…
- Tighter rules for South Dakota grant applicants: cost, low. South Dakota's future fund awards reimburse only actual research or economic development project costs, rather than paying in advance. Before an award, businesses must submit plans describing goods or services, job types, education requirements, pay packages, accounting, and other public or private…

## Sponsors and cosponsors

- Sponsor: Howard, Taffy (Republican), Senate
- Sponsor: Overweg, Marty (Republican), House
- Cosponsor: Baxter, Heather (Republican), House
- Cosponsor: Emery, Eric (Democratic), House
- Cosponsor: Muckey, Erik (Democratic), House
- Cosponsor: Perry, Carl (Republican), Senate
- Cosponsor: Voita, Mykala (Republican), Senate

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2026-03-03 | Senate | Do Pass Amended | pass | 33 | 1 |   |
| 2026-03-02 | Senate | Do Pass | pass | 7 | 2 |   |
| 2026-02-18 | House | Do Pass Amended | pass | 63 | 4 |   |
| 2026-02-11 | House | Do Pass Amended | pass | 12 | 0 |   |

## Actions (14)

- 2026-03-10: Signed by the Governor (House)
- 2026-03-09: Delivered to the Governor (House)
- 2026-03-05: Signed by the President (Senate)
- 2026-03-04: Signed by the Speaker (House)
- 2026-03-03: Senate Do Pass Amended, Passed, YEAS 33, NAYS 1 (Senate)
- 2026-03-02: Senate State Affairs Do Pass, Passed, YEAS 7, NAYS 2 (Senate)
- 2026-03-02: Scheduled for hearing (Senate)
- 2026-02-20: Referred to Senate State Affairs (Senate)
- 2026-02-19: First Reading Senate (Senate)
- 2026-02-18: House of Representatives Do Pass Amended, Passed, YEAS 63, NAYS 4 (House)
- 2026-02-11: House State Affairs Do Pass Amended, Passed, YEAS 12, NAYS 0 (House)
- 2026-02-11: House State Affairs Motion to amend, Passed (House)
- 2026-02-11: Scheduled for hearing (House)
- 2026-02-04: First read in House and referred to House State Affairs (House)

## Bill text

- Introduced, 2026-02-04: [PDF](https://mylrc.sdlegislature.gov/api/Documents/306044.pdf)

## Related bills

- HB 1245: authorize municipalities to establish a local funding mechanism for capital improvement projects. (signed)
- HB 1193: modify the provisions for a refund of taxes to disabled veterans and surviving spouses under certain property tax relief programs. (signed)
- HB 1148: adopt the respiratory care interstate compact. (signed)
- HB 1149: adopt the athletic trainer licensure compact. (signed)
- HB 1051: revise property tax levies for school districts and to revise the state aid to general and special education formulas. (signed)
- HB 1082: establish parameters for the reimbursement of school districts that provide free or reduced-price meals to students. (signed)

## Sources
- [Introduced (PDF)](https://mylrc.sdlegislature.gov/api/Documents/306044.pdf)

## Related
- [HB 1245: authorize municipalities to establish a local funding mechanism for capital imp…](https://policyrisk.com/state-bill/SD-HB1245-2026)
- [HB 1193: modify the provisions for a refund of taxes to disabled veterans and surviving…](https://policyrisk.com/state-bill/SD-HB1193-2026)
- [HB 1148: adopt the respiratory care interstate compact.](https://policyrisk.com/state-bill/SD-HB1148-2026)
- [HB 1149: adopt the athletic trainer licensure compact.](https://policyrisk.com/state-bill/SD-HB1149-2026)
- [HB 1051: revise property tax levies for school districts and to revise the state aid to…](https://policyrisk.com/state-bill/SD-HB1051-2026)
- [HB 1082: establish parameters for the reimbursement of school districts that provide fre…](https://policyrisk.com/state-bill/SD-HB1082-2026)
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Source: PRIA, https://policyrisk.com/state-bill/SD-HB1286-2026 (as of 2026-11-01).
