# South Dakota SB 1: amend the process by which moneys are distributed from the employer's investment in South Dakota's future fund.

South Dakota SB 1, 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) Senate bill sponsored by Howard, Taffy (Republican), Lems, Karla J. (Republican); status in committee, last action 2026-01-26 (Deferred to the 41st legislative day) (as of 2026-10-16).

- Canonical: https://policyrisk.com/state-bill/SD-SB1-2026
- As of: 2026-10-16
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: South Dakota SB 1
- 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: in committee
- Chamber: Senate
- Introduced: 2026-01-13
- Last action: 2026-01-26, Deferred to the 41st legislative day
- Sponsors: Howard, Taffy (Republican), Lems, Karla J. (Republican)
- Cosponsors: 6
- Subjects: Fund, Government Operations and Audit, Grants, Interim Legislative Committee Bill, Promulgation of Rules, Reemployment Assistance, Future Fund
- Touches household money: no
- Roll calls: 2 (9 yes, 8 no in all)
- Economic provisions PRIA read: 0

## Summary

No summary available.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Howard, Taffy (Republican), Senate
- Sponsor: Lems, Karla J. (Republican), House
- Cosponsor: Auch, Julie (Republican), House
- Cosponsor: Emery, Eric (Democratic), House
- Cosponsor: Foster, Red Dawn (Democratic), Senate
- Cosponsor: Karr, Chris (Republican), Senate
- Cosponsor: Moore, Scott (Republican), House
- Cosponsor: Overweg, Marty (Republican), House

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2026-01-26 | Senate | Deferred to the 41st legislative day | pass | 5 | 4 |   |
| 2026-01-16 | Senate | Do Pass Amended | fail | 4 | 4 |   |

## Actions (6)

- 2026-01-26: Deferred to the 41st legislative day (Senate)
- 2026-01-26: Scheduled for hearing (Senate)
- 2026-01-16: Do Pass Amended (Senate)
- 2026-01-16: Motion to amend (Senate)
- 2026-01-16: Scheduled for hearing (Senate)
- 2026-01-13: First read in Senate and referred to (Senate)

## Bill text

- Introduced, 2025-12-19: [PDF](https://mylrc.sdlegislature.gov/api/Documents/291291.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 1149: adopt the athletic trainer licensure compact. (signed)
- HB 1148: adopt the respiratory care interstate 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/291291.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 1149: adopt the athletic trainer licensure compact.](https://policyrisk.com/state-bill/SD-HB1149-2026)
- [HB 1148: adopt the respiratory care interstate compact.](https://policyrisk.com/state-bill/SD-HB1148-2026)
- [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-SB1-2026 (as of 2026-10-16).