# South Dakota SB 40: revise the compliance requirements for limitations on foreign ownership of agricultural land.

South Dakota SB 40, revise the compliance requirements for limitations on foreign ownership of agricultural land., is a 101st South Dakota Legislature (2026) Senate bill sponsored by no sponsor on record; status signed, last action 2026-03-12 (Signed by the Governor) (as of 2026-10-19).

- Canonical: https://policyrisk.com/state-bill/SD-SB40-2026
- As of: 2026-10-19
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: South Dakota SB 40
- State: South Dakota
- Session: 101st South Dakota Legislature (2026)
- Title: revise the compliance requirements for limitations on foreign ownership of agricultural land.
- Status: signed
- Chamber: Senate
- Introduced: 2026-01-13
- Last action: 2026-03-12, Signed by the Governor
- Sponsors: no sponsor on record
- Cosponsors: 0
- Subjects: Agricultural Land, Civil Forfeiture, Executive/Judiciary Request, Penalty, Property, Foreign Persons
- Touches household money: no
- Roll calls: 4 (113 yes, 2 no in all)
- Economic provisions PRIA read: 3

## Summary

No summary available.

## Bill overview: provisions PRIA read

- Foreign farmland investors must file state reports: cost, low. Anyone required to report foreign agricultural investments to the U.S. Department of Agriculture must also file a state copy. It goes to South Dakota's Agriculture and Natural Resources secretary by the federal deadline, using federal reporting law as of January 1, 2026. Failure to file can bring a…
- Foreign owners face South Dakota farmland limits: cost, low. Prohibited entities cannot own South Dakota farmland, and their leases and easements are barred except for two lease exceptions. Research leases must be exclusively for agricultural research and cover no more than 320 acres. Livestock leases must be exclusively for contract feeding at an animal fee…
- Farmland penalties include protections for co-owners: mixed, low. Farmland owned illegally is forfeited to South Dakota; a prohibited entity's illegal lease or easement is terminated. A violating minority owner who inherited an interest loses that share and owes an additional penalty equal to its fair market value. The attorney general enforces these rules and mu…

## Sponsors and cosponsors

- (none)

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2026-03-04 | House | Do Pass | pass | 65 | 2 |   |
| 2026-03-03 | House | Do Pass | pass | 9 | 0 |   |
| 2026-01-16 | Senate | Do Pass | pass | 32 | 0 |   |
| 2026-01-15 | Senate | Do Pass | pass | 7 | 0 |   |

## Actions (13)

- 2026-03-12: Signed by the Governor (Senate)
- 2026-03-10: Delivered to the Governor (Senate)
- 2026-03-09: Signed by the Speaker (House)
- 2026-03-05: Signed by the President (Senate)
- 2026-03-04: Do Pass (House)
- 2026-03-03: Do Pass (House)
- 2026-03-03: Scheduled for hearing (House)
- 2026-01-20: First read in House and referred to (House)
- 2026-01-16: Do Pass (Senate)
- 2026-01-15: Certified uncontested, placed on consent (Senate)
- 2026-01-15: Do Pass (Senate)
- 2026-01-15: Scheduled for hearing (Senate)
- 2026-01-13: First read in Senate and referred to (Senate)

## Bill text

- Introduced, 2026-01-06: [PDF](https://mylrc.sdlegislature.gov/api/Documents/306331.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/306331.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)
- [South Dakota bills](https://policyrisk.com/states/south-dakota/bills)
- [South Dakota state hub](https://policyrisk.com/states/south-dakota)
- [All state legislation](https://policyrisk.com/state-bills)

Source: PRIA, https://policyrisk.com/state-bill/SD-SB40-2026 (as of 2026-10-19).