SB 102

26.542.18  101st Legislative Session  102
                                   2026 South Dakota Legislature
                                            Senate Bill 102
                                                  ENROLLED
                                            AN ACT
ENTITLED An Act to modify the distribution of gaming revenues.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF SOUTH DAKOTA:
Section 1. That § 42-7B-48 be AMENDED:
            42-7B-48. There is established within the state treasury the South Dakota Gaming
   Commission fund, into which shall be deposited the proceeds from the gaming tax, license
   stamp fees, license fees, application fees, the net proceeds generated by the operation of
   the five-cent slot machines, and the initial fund is continuously appropriated for the
   purposes specified in this section. All funds received by the commission shall be set forth
   in an informational budget as described in § 4-7-7.2 and be annually reviewed by the
   Legislature. Any disbursement from the Gaming Commission fund shall be by
   authorization of the executive secretary for any of the following purposes:
   (1)      Forty percent of the gaming tax collected shall be transferred to the tourism
            promotion fund created in § 1-52-17, and ten percent of the gaming tax collected
            shall be paid to Lawrence County;
   (2)      The expenses of the commission for administration and operation including
            litigation and enforcement of this chapter and chapter 42-7 and for grants as
            provided by § 42-7B-48.3; and
   (3)      All funds remaining after the payments provided in subdivisions (1) and (2), less
            one hundred thousand dollars which shall be transferred to the historical
            preservation loan and grant fund created in § 1-19A-13.1 constitute the net
            municipal proceeds and shall be disbursed at least quarterly in accordance with
            § 42-7B-48.1.
Section 2. That § 42-7B-48.1 be AMENDED:
            42-7B-48.1. After payment of commission expenses pursuant to subdivision 42-
   7B-48(2), and after payment of one hundred thousand dollars to the State Historical
26.542.18  2  102
   Preservation Grant and Loan fund pursuant to subdivision 42-7B-48(3), all remaining
   funds shall be distributed as follows:
   (1)      Twenty-five percent to the state general fund;
   (2)      Three and three-tenths percent to be distributed to municipalities in Lawrence
            County, except the City of Deadwood, pro rata according to their population;
   (3)      Seven-tenths percent to be distributed to school districts that do not receive state
            aid for general education, pro rata based upon the previous year's average daily
            membership, located in whole or in part, in Lawrence County. For any school
            district located only partly in Lawrence County, only that portion of the district's
            average daily attendance which represents students residing in Lawrence County
            shall be considered in calculating the proration required by this subdivision; and
   (4)      Seventy-one percent to the City of Deadwood for deposit in the historic restoration
            and preservation fund.
SB102 ENROLLED
26.542.18  3  102
An Act to modify the distribution of gaming revenues.
                                                     Received at this Executive Office
 I certify that the attached Act originated in       this _____ day of _____________,
 the:
                                                     2026 at ____________M.
 Senate as Bill No. 102
                                                     By
                       Secretary of the Senate  for the Governor
                                                                      The attached Act is hereby
                                                                  approved this ________ day of
                       President of the Senate  ______________, A.D., 2026
 Attest:
                                                                                        Governor
                       Secretary of the Senate
                                                     STATE OF SOUTH DAKOTA,
                                                                                               ss.
                                                     Office of the Secretary of State
                          Speaker of the House
                                                                    Filed ____________, 2026
 Attest:  at _________ o'clock __M.
                     Chief Clerk of the House  Secretary of State
 Senate Bill No. 102  By
 File No. ____  Asst. Secretary of State
 Chapter No. ______
SB102 ENROLLED