---
type: "Bill"
title: "increase an amount of property value owned by a local industrial development corporation that is exempt from taxation."
description: "increase an amount of property value owned by a local industrial development corporation that is exempt from taxation."
jurisdiction: "us/states/sd"
legislature: "South Dakota Legislature"
session: "2023"
identifier: "SB 120"
citation: "South Dakota SB 120 (2023)"
classification: ["bill"]
subjects: ["Economic Development", "Property Tax", "Tax Exemptions", "Taxation"]
status: "enacted"
primary_sponsors: ["Crabtree", "Diedrich", "Duhamel", "Jamison", "Novstrup", "Perry", "Reed", "Shorma", "Stalzer"]
version_count: 8
action_count: 18
vote_count: 5
first_action: "2023-01-25"
last_action: "2023-03-27"
source: "openstates"
source_identifier: "ocd-bill/bfd4e2f6-4e9e-45ce-a3bf-4c855951d0e0"
source_url: "https://sdlegislature.gov/Session/Bill/23825"
source_hash: "362f98557515723095c01c3ede348e05cb4ac4a2229971fba9d4b79a73480609"
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 120 (2023) — increase an amount of property value owned by a local industrial development corporation that is exempt from taxation.

## 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/23825/246198)
2. **120A** (committee substitute) — [source](https://mylrc.sdlegislature.gov/api/Documents/248923.pdf)
3. **120B** (committee substitute) — [source](https://mylrc.sdlegislature.gov/api/Documents/250019.pdf)
4. **120E** (committee substitute) — [source](https://mylrc.sdlegislature.gov/api/Documents/250606.pdf)
5. **House Commerce and Energy Engrossed** (committee substitute) — [source](https://sdlegislature.gov/Session/Bill/23825/250190)
6. **House Engrossed** (committee substitute) — [source](https://sdlegislature.gov/Session/Bill/23825/250885)
7. **Senate Commerce and Energy Engrossed** (committee substitute) — [source](https://sdlegislature.gov/Session/Bill/23825/249422)
8. **Enrolled** (enrolled) — [source](https://sdlegislature.gov/Session/Bill/23825/251136)

## Votes

- Do Pass Amended — **8–4** (pass) · lower
- Do Pass Amended — **9–0** (pass) · upper
- Do Pass Amended — **43–25** (pass) · lower
- Do Pass Amended — **21–12** (pass) · upper
- Concurred in amendments — **29–6** (pass) · upper

## Sponsors

- Crabtree — primary (person)
- Diedrich — primary (person)
- Duhamel — primary (person)
- Jamison — primary (person)
- Novstrup — primary (person)
- Perry — primary (person)
- Reed — primary (person)
- Shorma — primary (person)
- Stalzer — primary (person)

## Timeline

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

- **2023-01-25** First read in Senate and referred to S.J. 112 `introduction, reading-1, referral-committee`
- **2023-02-07** Scheduled for hearing
- **2023-02-14** Scheduled for hearing S.J. 1
- **2023-02-14** Commerce and Energy Motion to amend , Passed, S.J. 23 Amendment 120A `amendment-introduction, amendment-passage`
- **2023-02-14** Commerce and Energy Do Pass Amended , Passed, YEAS 9, NAYS 0 S.J. 23
- **2023-02-16** Senate Do Pass Amended , Passed, YEAS 21, NAYS 12 S.J. 293
- **2023-02-21** First read in House and referred to H.J. 335 `introduction, reading-1, referral-committee`
- **2023-02-24** Scheduled for hearing
- **2023-02-24** Commerce and Energy Motion to amend , Passed, H.J. 5 Amendment 120B `amendment-introduction, amendment-passage`
- **2023-02-24** Commerce and Energy Do Pass Amended , Passed, YEAS 8, NAYS 4 H.J. 5
- **2023-02-28** House of Representatives Deferred to another day , Passed, H.J. 416
- **2023-03-01** House of Representatives Motion to amend , Passed, H.J. 430 Amendment 120E `amendment-introduction, amendment-passage`
- **2023-03-01** House of Representatives Do Pass Amended , Passed, YEAS 43, NAYS 25 H.J. 431
- **2023-03-06** Senate Concurred in amendments , Passed, YEAS 29, NAYS 6 S.J. 423
- **2023-03-07** Signed by the President S.J. 447 `passage`
- **2023-03-07** Signed by the Speaker H.J. 506 `passage`
- **2023-03-08** Delivered to the Governor on 2023-03-08 S.J. 461 `executive-receipt`
- **2023-03-27** Signed by the Governor on 2023-03-27 S.J. 495 `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/bfd4e2f6-4e9e-45ce-a3bf-4c855951d0e0`. Confidence: reported (aggregated from official South Dakota legislature records).