---
type: "Bill"
title: "revise provisions regarding money transmission."
description: "revise provisions regarding money transmission."
jurisdiction: "us/states/sd"
legislature: "South Dakota Legislature"
session: "2024"
identifier: "SB 58"
citation: "South Dakota SB 58 (2024)"
classification: ["bill"]
subjects: ["Administrative Procedure", "Banks and Banking", "Compacts", "Executive/Judiciary Request", "Money Transmission", "Promulgation of Rules"]
status: "enacted"
primary_sponsors: []
version_count: 6
action_count: 17
vote_count: 5
first_action: "2024-01-09"
last_action: "2024-03-26"
source: "openstates"
source_identifier: "ocd-bill/f55f640c-b2a3-434c-ac87-c4d13fe9b3ab"
source_url: "https://sdlegislature.gov/Session/Bill/24779"
source_hash: "99e316f6bd67d9cf55dbe702ca959c047172d249f66244a532144d074dc08a5a"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-sd"]
---

# South Dakota SB 58 (2024) — revise provisions regarding money transmission.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Introduced** (filed) — [source](https://sdlegislature.gov/Session/Bill/24779/258468)
2. **58B** (committee substitute) — [source](https://mylrc.sdlegislature.gov/api/Documents/261847.pdf)
3. **58C** (committee substitute) — [source](https://mylrc.sdlegislature.gov/api/Documents/265858.pdf)
4. **House Commerce and Energy Engrossed** (committee substitute) — [source](https://sdlegislature.gov/Session/Bill/24779/266054)
5. **Senate Commerce and Energy Engrossed** (committee substitute) — [source](https://sdlegislature.gov/Session/Bill/24779/263640)
6. **Enrolled** (enrolled) — [source](https://sdlegislature.gov/Session/Bill/24779/266881)

## Votes

- Do Pass Amended — **8–0** (pass) · upper
- Do Pass Amended — **11–2** (pass) · lower
- Concurred in amendments — **31–3** (pass) · upper
- Do Pass Amended — **29–2** (pass) · upper
- Do Pass Amended — **51–18** (pass) · lower

## Sponsors

- Commerce and Energy — primary (organization)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2024-01-09** First read in Senate and referred to S.J. 17 `introduction, reading-1, referral-committee`
- **2024-01-23** Scheduled for hearing
- **2024-01-30** Scheduled for hearing S.J. 1
- **2024-01-30** Commerce and Energy Motion to amend , Passed, Amendment 58B `amendment-introduction, amendment-passage`
- **2024-01-30** Commerce and Energy Do Pass Amended , Passed, YEAS 8, NAYS 0
- **2024-02-01** Senate Do Pass Amended , Passed, YEAS 29, NAYS 2 S.J. 238
- **2024-02-02** First read in House and referred to H.J. 238 `introduction, reading-1, referral-committee`
- **2024-02-21** Scheduled for hearing
- **2024-02-21** Commerce and Energy Motion to amend , Passed, Amendment 58C `amendment-introduction, amendment-passage`
- **2024-02-21** Commerce and Energy Do Pass Amended , Passed, YEAS 11, NAYS 2
- **2024-02-23** House of Representatives Deferred to another day , Passed, H.J. 389
- **2024-02-26** House of Representatives Do Pass Amended , Passed, YEAS 51, NAYS 18 H.J. 404
- **2024-02-28** Senate Concurred in amendments , Passed, YEAS 31, NAYS 3 S.J. 441
- **2024-02-29** Signed by the President S.J. 461 `passage`
- **2024-03-04** Signed by the Speaker H.J. 468 `passage`
- **2024-03-05** Delivered to the Governor on 2024-03-05 S.J. 480 `executive-receipt`
- **2024-03-26** Signed by the Governor on 2024-03-26 S.J. 528 `executive-signature, executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/f55f640c-b2a3-434c-ac87-c4d13fe9b3ab`. Confidence: reported (aggregated from official South Dakota legislature records).