Policy Reference

South Dakota

Crypto law profiles, official sources, milestones, and related coverage for South Dakota.

United States
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Law database

3 law profiles

Law / Bill
Draft Intro Committee Passed Enacted Effective
South Dakota Digital Currency Search and Seizure Amendments SB 43 Enacted Details Draft Draft: Completed Intro Introduced: Completed Committee In committee: Completed Passed Passed: Completed Enacted Enacted: Current Effective Effective: Pending

Sponsored by Senate Judiciary Chair at request of Attorney General (Unknown)

An Act to address search and seizure provisions applicable to digital currency.

South Dakota SB 43 amends criminal-procedure search-and-seizure provisions so property includes digital currency and defines digital currency for Chapter 23A-35. Signed in March 2026; effective July 1, 2026.

Last action: Mar 12, 2026 - Signed by the Governor on March 11, 2026; recorded in the Senate Journal on March 12, 2026.

Next: Jul 1, 2026 - Default effective date review

Profile State source SB 43 Enrolled Text Milestone source
South Dakota Uniform Unclaimed Property Act Virtual Currency Amendments HB 1196 Effective Details Draft Draft: Completed Intro Introduced: Completed Committee In committee: Completed Passed Passed: Completed Enacted Enacted: Completed Effective Effective: Current

Sponsored by Rep. Erik Muckey (D)

An Act to update Uniform Unclaimed Property Act to include provisions related to virtual currency and notice requirements.

South Dakota HB 1196 adds virtual currency to the state’s unclaimed-property framework, sets a three-year abandonment rule, and requires pre-report liquidation and remittance.

Last action: Mar 13, 2025 - Signed by the Governor on March 13, 2025 H.J. 543.

Profile State source South Dakota Session Law Chapter 183 (HB 1196)
Dead 1
South Dakota HB 1155: State Bitcoin Investment Bill HB 1155 Expired Details Draft Draft: Completed Intro Introduced: Completed Committee In committee: Inactive Passed Passed: Pending Enacted Enacted: Pending Effective Effective: Pending

Sponsored by Rep. Logan Manhart (R)

An Act to permit the state to invest in Bitcoin.

HB 1155 would have permitted South Dakota’s State Investment Council to invest up to 10% of eligible state moneys in Bitcoin, subject to custody rules. It was deferred to the 41st legislative day.

Last action: Feb 6, 2026 - House Commerce and Energy deferred HB 1155 to the 41st legislative day, 10-3, after a scheduled hearing.

Profile State source HB 1155 introduced bill text

Information is for general purposes only and not legal advice. See full disclaimer.