HB 1048 appropriates $87 million in federal funds to the Governor's Office of Economic Development for grants expanding broadband infrastructure across South Dakota, primarily benefiting rural and underserved communities lacking reliable internet access. The bill authorizes the office to distribute grants under federal broadband program guidelines, with payments processed through state vouchers and audits. It declares an emergency to expedite implementation, allowing the funding to take effect immediately upon passage. Unspent funds must revert to the state treasury per standard procedures, as specified in Chapter 4-8 of South Dakota law. This is a funding measure focused on infrastructure deployment, not regulatory changes.
SB 44 allows South Dakota's Attorney General to obtain business records from internet and telecom providers during criminal investigations of internet crimes against children or human trafficking. It requires judicial approval based on "reasonable cause" before issuing subpoenas for specific records like IP addresses, account details, and device information. Hughes County judges have statewide authority to approve these subpoenas, which cannot notify account holders, and obtained records must be used solely for law enforcement with privacy safeguards. The bill directly affects providers (including internet and telecom companies) by mandating compliance with court-ordered requests for targeted data.
SB 135 requires data center operators to pay all electricity costs associated with their facilities, preventing utilities from raising residential rates to cover these expenses (Section 3). It also prohibits tax exemptions for data centers (Section 5) and ensures local governments retain authority to regulate data center development (Section 4). The bill mandates data centers to report projected water usage to local providers and the Board of Water Management before operation, with annual reports on actual consumption (Sections 6-7), ensuring water allocation prioritizes residential and essential services. This directly affects data center operators, utilities, and South Dakota residents by limiting cost-shifting and protecting local resource management.
This bill updates South Dakota's search and seizure laws to explicitly include digital currency as "property" covered by existing warrant procedures. It defines digital currency as value recorded on blockchain or similar distributed ledger technology (e.g., Bitcoin). The change ensures law enforcement must follow standard warrant processes when seeking digital currency, aligning it with how physical property is treated under current law. This directly affects law enforcement investigations involving digital assets and individuals holding such currency.
SB 98 requires operators of virtual currency kiosks in South Dakota to obtain a license under existing financial regulations (Chapter 51A-17). It mandates detailed reporting to the state, including transaction volumes, user complaints, refund requests, and suspicious activity. The bill also requires kiosk operators to provide users with receipts containing transaction details, exchange rates, virtual currency addresses, and refund policies. These provisions directly affect kiosk operators (licensees) and users engaging in virtual currency transactions at these locations. The law aims to increase transparency and accountability in virtual currency kiosk operations.
HB 1054 repeals the creation and budgeting requirements for South Dakota's Digital Dakota Network. The bill removes specific statutory provisions that established the network's structure, budgeting process, and the separate Office of Digital Dakota Network within the Bureau of Information and Telecommunications. It transfers all remaining network-related functions - including management, programming, and budgeting - directly to the Bureau of Information and Telecommunications. This change eliminates the network as a distinct program and ends the requirement for the Bureau to submit separate budgets for it. The bill directly affects the Bureau of Information and Telecommunications, which will now manage all telecommunications network operations under existing authority.
HB 1155 amends South Dakota's investment rules to allow the state to allocate up to 10% of its investment funds into Bitcoin. The bill specifically defines Bitcoin as a digital asset meeting strict network criteria (starting from its 2009 genesis block) and requires all Bitcoin holdings to be stored through secure custody solutions or qualified custodians. It applies only to state investment funds, not individual citizens or private entities, and explicitly prohibits investments in other digital assets like cryptocurrency exchanges. The bill does not authorize new spending but modifies existing investment guidelines to include Bitcoin under defined security and limit requirements.