---
type: "Bill"
title: "repeal income modifications for the bank franchise tax pertaining to bad debts."
description: "repeal income modifications for the bank franchise tax pertaining to bad debts."
jurisdiction: "us/states/sd"
legislature: "South Dakota Legislature"
session: "2026"
identifier: "SB 18"
citation: "South Dakota SB 18 (2026)"
classification: ["bill"]
subjects: ["Banks and Banking", "Executive/Judiciary Request", "Taxation"]
status: "enacted"
primary_sponsors: []
version_count: 2
action_count: 14
vote_count: 2
first_action: "2026-01-13"
last_action: "2026-02-17"
source: "openstates"
source_identifier: "ocd-bill/334871aa-4ca1-46b8-9d0a-70a468ec7d13"
source_url: "https://sdlegislature.gov/Session/Bill/26671"
source_hash: "ab2cb3a43940cf03251b42291b2a14c92aea39165803f9b8cfbde7268524e70e"
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 18 (2026) — repeal income modifications for the bank franchise tax pertaining to bad debts.

## 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/26671/292093)
2. **Enrolled** (enrolled) — [source](https://sdlegislature.gov/Session/Bill/26671/301402)

## Votes

- Do Pass — **12–0** (pass) · lower
- Do Pass — **5–0** (pass) · upper

## Sponsors

- Taxation — primary (organization)

## Timeline

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

- **2026-01-13** First read in Senate and referred to Senate Taxation S.J. 17 `introduction, reading-1, referral-committee`
- **2026-01-16** Scheduled for hearing
- **2026-01-16** Taxation Do Pass , Passed, YEAS 5, NAYS 0 S.J. 1 `committee-passage`
- **2026-01-16** Certified uncontested, placed on consent , Passed, S.J. 1
- **2026-01-21** Senate Do Pass , Passed, YEAS 33, NAYS 0 S.J. 75 `passage`
- **2026-01-22** First read in House and referred to House Taxation H.J. 114 `introduction, reading-1, referral-committee`
- **2026-02-03** Scheduled for hearing
- **2026-02-03** Taxation Do Pass , Passed, YEAS 12, NAYS 0 `committee-passage`
- **2026-02-03** Certified uncontested, placed on consent , Passed,
- **2026-02-04** House of Representatives Do Pass , Passed, YEAS 69, NAYS 0 H.J. 223 `passage`
- **2026-02-05** Signed by the President S.J. 203 `passage`
- **2026-02-06** Signed by the Speaker H.J. 251 `passage`
- **2026-02-09** Delivered to the Governor on 2026-02-09 S.J. 219 `executive-receipt`
- **2026-02-17** Signed by the Governor on 2026-02-17 S.J. 266 `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/334871aa-4ca1-46b8-9d0a-70a468ec7d13`. Confidence: reported (aggregated from official South Dakota legislature records).