SB 100 — revise provisions related to trusts.
Last action — Signed by the Governor on 2026-03-10 S.J. 514
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✓Introduced
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✓In Committee
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✓Passed Senate
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✓Passed House
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✓To Executive
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6Enacted
This bill has been enacted into law. Introduced January 20, 2026. Enacted.
Signed by Governor Larry Rhoden (Republican) on March 10, 2026.
Odds of enactment
High chanceBased on the sponsor, cosponsors, and committee posture, this bill has a high chance of becoming law.
Upgrade to see the exact probability and what's driving it.
A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.
Prognosis
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Enacted
Current position in the legislative process.
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4 sponsors
4 primary, 0 co-sponsors signed on.
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Single-party support
Sponsorship is currently within one party (4 R).
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Cleared a recorded vote
Passed 4 recorded votes so far.
Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.
Bill Text
What changed in the latest version
273 added · 260 removed273 line(s) added, 260 removed.
26.464.1526.464.16 101st Legislative Session 100 South Dakota Legislature Senate Bill 100 IntroducedENROLLED by:AN A CT ENTITLED An Act to revise provisions related to trusts.
SenatorB CrabtreeE AnIT ActENACTED toBY reviseTHE provisionsLEGISLATURE relatedOF toTHE trusts.S TATE OF S OUTH D AKOTA :
B E IT ENACTED BY THE LEGISLATURE OF THE S TATE OF SOUTH D AKOTA :
Overstrikes26.464.16 indicate2 deleted100 language.A trustee, trust advisor, or trust protector is not liable to any person for the exercise of, or the direction or consent to exercise, the power to reimburse or not reimburse a trustor for tax payable by the trustor pursuant to this section.
26.464.15 2 100 A trustee, trust advisor, or trust protector is not liable to any person for the exercise of, or the direction or consent to exercise, the power to reimburse or not reimburse a trustor for tax payable by the trustor pursuant to this section.
Unless the terms of the governing instrument expressly provide otherwise, if a trustee has discretion under the terms of a governing instrument to make a distribution of income or principal to or for the benefit of one or more beneficiaries of a trust (the "first trust"), whether or not restricted by any standard, then the trustee, independently or with court approval, may exercise such discretion by appointing part or all of the income or principal subject to the discretion in favor of a trustee of a second trust (the "second trust") under a governing instrument separate from the governing instrument of the first trust.
Before exercising the discretion to appoint and distribute assets to a the second trust, the trustee of the first trust shall determine whether the appointment is necessary or desirable after taking into account the purposes of the first trust, the terms and conditions of the second trust, and the consequences of the distribution.
OverstrikesSB100 indicateENROLLED deleted26.464.16 language.3 100 (b) To or for whom a distribution of income or principal may be made in the future from the first trust at a time or upon the happening of an event specified under the first trust;
26.464.15 3 100 (b) To or for whom a distribution of income or principal may be made in the future from the first trust at a time or upon the happening of an event specified under the first trust;
(2) No A restricted trustee of the first trust may not exercise such authority over the first trust to the extent that doing so could have the effect of:
(a) Benefiting the restricted trustee as a beneficiary of the first trust, unless the exercise of such authority is limited by an ascertainable standard based on or related to health, education, maintenance, or support;
or (b) Removing restrictions on discretionary distributions to a beneficiary imposed by the governing instrument under which the first trust was created, except that a provision in the second trust, which limits distributions by an ascertainable standard based on or related to the health, education, maintenance, or support of any such beneficiary, is permitted, or to a trust established pursuant to 42 U.S.C.
(3) No A restricted trustee of the first trust may not exercise such authority over the first trust to the extent that doing so would have the effect of increasing the distributions that can be made from the second trust to the restricted trustees of the first trust or to a beneficiary who may change the trustees of the first trust within the meaning of § 55-2-17 compared to the distributions that can be made to such the trustee or beneficiary, as the case may be, under the first trust, unless the exercise of such authority is limited by an ascertainable standard based on or related to health, education, maintenance, or support;
(4) The provisions of subdivisions (2) and (3) only apply to restrict the authority of a trustee if either a trustee, or a beneficiary who may change the trustee, is a United States citizen or domiciliary under the Internal Revenue Code, or the trust owns property that would be subject to United States estate or gift taxes if owned directly by such a the person;
§ 2503(b) of the Internal Revenue Code of 1986 (January 1, 2026), by reason of the application of I.R.C.26 U.S.C.
26§ U.S.C.2503(c) (January 1, 2026), the governing instrument for the second trust must provide that the beneficiary's remainder interest vests no later than the date upon which the interest would have vested under the terms of the governing instrument for the first trust;
§SB100 2503(c)ENROLLED (January26.464.16 1,4 2026),100 the(6) governingThe instrumentexercise forof theauthority secondmay trustnot mustreduce provideany thatincome the beneficiary's remainder interest shallof vestany vestsincome nobeneficiary laterof thanany Overstrikesof indicatethe deletedfollowing language.trusts:
26.464.15(a) 4A 100trust thefor date upon which sucha themarital interestdeduction wouldhas havebeen vestedtaken underfor thefederal termstax ofpurposes theunder governing26 instrumentU.S.C. for the first trust;
(6)§ The2056 exerciseor of2523 such(January authority1, may2026) notor reducefor anystate incometax interestpurposes ofunder any incomecomparable beneficiaryprovision of anyapplicable ofstate thelaw; following trusts:
(a)(b) A trustcharitable forremainder whichtrust a marital deduction has been taken for federal tax purposes under I.R.C.26 U.S.C.
26 U.S.C.
§ 2056 or § 2523 (January 1, 2026) or for state tax purposes under any comparable provision of applicable state law;
(b) A charitable remainder trust under I.R.C.
26 U.S.C.
or (c) A grantor retained annuity or unitrust trust under I.R.C.26 U.S.C.
26 U.S.C.
(7) The exercise of such authority does not apply to trust property subject to a presently exercisable power of withdrawal held by a trust beneficiary to whom, or for the benefit of whom, the trustee has authority to make distributions, unless after the exercise of such authority, the beneficiary's power of withdrawal is unchanged with respect to the trust property;
(8) The exercise of such authority is not prohibited by a spendthrift clause or by a provision in the governing instrumentinstrument, that, which prohibits amendment or revocation of the trust;
A trustee’s power described in this section may be exercised by either an actual distribution of property to one or more second trusts or by modifying the terms of the first Overstrikestrust indicateto deletedcreate language.the second trust with or without an actual distribution.
26.464.15If 5the 100power is exercised by modifying the terms of the first trust, the trustee may treat the second trust created by the modification as a new trust, in which case property of the first trust would be transferred to createthe second trust, or treat the second trust withas ora withoutcontinuation anof actualthe distribution.first SB100 ENROLLED 26.464.16 5 100 trust, for titling purposes, in which case property of the first trust would not need to be retitled.
IfIn the case of an exercise of the power that is exercisedstructured byas modifyinga thetrustee's termsmodification of the first trust, notwithstanding § 55-2-18, the trustee may:shall provide at least twenty days' advance written notice to the qualified beneficiaries, applying chapter 55-18, unless the trustee receives written waivers of the notice from the qualified beneficiaries.
(1)The Treattrustee's treatpower, thewhich secondis trustdescribed createdin and constrained by suchthis thesection, modificationremains asseparate aand newdistinct trust,from intrust whichreformation caseor propertytermination ofunder the§§ first55-3-24 trustto would55-3-26, beinclusive, transferred55-3-28, toand theother secondprovisions trust;of law allowing trust modifications.
orThis (2)section Treat,applies orto treatany the second trust asadministered aunder continuationthe laws of thethis firststate, trustincluding witha respect,trust for titling purposes, in which case property of the firstgoverning trustjurisdiction wouldis nottransferred need to bethis retitled.state.
In the case of an exercise of the power that is structured as a trustee's modification of the first trust, however, notwithstanding § 55-2-18, the trustee shall provide not less than at least twenty days days' advance written notice to the qualified beneficiaries, applying chapter 55-18, unless the trustee receives written waivers of the notice from the qualified beneficiaries.
The trustee's power, which is described in and constrained by this section, remains separate and distinct from trust reformation or termination under §§ 55-3-24 to 55-3-26, inclusive, or 55-3-28, and other provisions of law allowing trust modifications.
This section applies to any trust administered under the laws of this state, including a trust whose for which the governing jurisdiction is transferred to this state.
Regardless of whether the recipient of the property survives the trust division or distribution, the property treated as an advancement herein is considered in computing the division and distribution of the trust estate, unless otherwise provided by the Overstrikesgoverning indicateinstrument deletedor language.in writing by the trustee, distribution trust advisor or beneficiary, in accordance with this section.
26.464.15 6 100 governing instrument or in writing by the trustee, distribution trust advisor or beneficiary, in accordance with this section.
SB100 ENROLLED 26.464.16 6 100 Section 4.
If a trustee violates any of the provisions of this chapter, he the trustee may be removed and denied compensation in whole or in part;,part, and any beneficiary, cotrustee, or successor trustee may treat the violation as a breach of trust.
Show all 75 changed lines (35 more)
A cause of action or claim for relief with respect to a fraudulent transfer of a settlor's assets under § 55-16-9 is extinguished unless the action under § 55-16-9 is brought by a creditor of the settlor whowho: meets one of the following requirements:
Overstrikes(1) indicateIs deleteda language.creditor of the settlor before the settlor's assets are transferred to the trust, and the action under § 55-16-9 is brought within the later of:
26.464.15 7 100 (1) Is a creditor of the settlor before the settlor's assets are transferred to the trust, and the action under § 55-16-9 is brought within the later of:
SB100 ENROLLED 26.464.16 7 100 (i) Can demonstrate that the creditor asserted a specific claim against the settlor before the transfer;
or (2) Becomes a creditor subsequent to the transfer into trust, and the action under § 55-16-9 is brought within two years after the transfer is made;made.
(3)In .any action described in § 55-16-9, the burden to prove the matter by clear and convincing evidence is upon the creditor.
InA anyperson actionis describeddeemed into §have 55-16-9,discovered a transfer at the burdentime toa provepublic record of the mattertransfer byis clearmade, andincluding convincingthe evidenceconveyance of an interest in real property, which is uponrecorded in the creditor;appropriate public filing office where the property is located, the filing of a financing statement pursuant to chapter 57A-9, or the filing of a bill of sale or other transfer instrument regarding personal property.
(4)The .filing of a bill of sale or other transfer instrument that conveys personal property to a trust governed by this chapter must be filed in an applicable public filing office.
AIf personthe transferor is deemed to have discovered a transfernatural atperson theand timeis a publicresident record of thethis transferstate, is made, including the conveyancepersonal of an interest in real property that,transfer whichinstrument ismust be recorded in the appropriatecounty publicin filingthis officestate where the propertytransferor ismaintains located, the filingtransferor's ofprincipal aresidence. financing statement pursuant to chapter 57A-9, or the filing of a bill of sale or other transfer instrument regarding personal property;
In all other cases, the personal property transfer instrument must be recorded in the county in this state where the trustee of the trust maintains a principal residence or (5).principal place of business.
TheThis filingsection, of§§ a55-16-9, billand of55-16-11 saleto or55-16-13, otherinclusive, transferare instrumentinseparably whichinterwoven thatwith conveyssubstantive personalrights, propertyand to a trustdeprivation whichof islegal governedrights bywould thisresult chapterif shallanother mustjurisdiction's becontrary filedlaws inand theregulations anare applicableapplied publicto filinga officeclaim determinedor ascause follows:of action described therein.
(a) .
If the transferor is a natural person and is a resident of this state, the personal property transfer instrument shall must be recorded in the county in this state where the transferor maintains the transferor's principal residence;
and (b) .
In all other cases, the personal property transfer instrument shall must be recorded in the county in this state where the trustee of the trust maintains a principal residence or principal place of business.
Overstrikes indicate deleted language.
26.464.15 8 100 This section and, §§ 55-16-9, and 55-16-11 to 55-16-13, inclusive, are inseparably interwoven with substantive rights that, and a deprivation of legal rights would result if another jurisdiction's contrary laws and regulations to the contrary are applied to a claim or cause of action described therein.
For purposes of the application of § 1014(b)(6) of the Internal Revenue Code of 1986, 26 U.S.C.
§ 1014(b)(6),1014(b)(6) as of (January 1, 2016 2026), a South Dakota special spousal trust is considered a trust established under the community property laws of South Dakota this state, as set forth in this chapter.
For purposes of this chapter, the term, "special spousal property,"property" means community propertyproperty. for those purposes.
Community property as that is classified by a jurisdiction other than South Dakota this state and SB100 ENROLLED 26.464.16 8 100 transferred to a South Dakota special spousal trust retains its character as community property while in the trust.
If the trust is revoked and property is transferred on revocation of the trust, the community property as that is classified by a jurisdiction other than South Dakota retains its character as community property to the extent otherwise provided by South Dakota law the laws of this state.
OverstrikesSB100 indicateENROLLED deleted26.464.16 language.9 100 An Act to revise provisions related to trusts.
Received at this Executive Office I certify that the attached Act originated in this _____ day of _____________, the:
at ____________M.
Senate as Bill No.
100 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.
100 By File No.
____ Asst.
Secretary of State Chapter No.
______ SB100 ENROLLED
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Action History
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Signed by the Governor on 2026-03-10 S.J. 514
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Delivered to the Governor on 2026-03-04 S.J. 455
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Signed by the Speaker H.J. 493
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Signed by the President S.J. 434
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House of Representatives Do Pass , Passed, YEAS 64, NAYS 2 H.J. 459
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Judiciary Do Pass , Passed, YEAS 11, NAYS 1 H.J. 29
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Scheduled for hearing
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Referred to House Judiciary H.J. 262
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First Reading House H.J. 238
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Senate Do Pass , Passed, YEAS 34, NAYS 0 S.J. 182
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Certified uncontested, placed on consent , Passed, S.J. 7
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Commerce and Energy Do Pass , Passed, YEAS 8, NAYS 0 S.J. 7
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Scheduled for hearing
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First read in Senate and referred to Senate Commerce and Energy S.J. 66
Sponsors
- Kyle Schoenfish · Primary
- Matt Roby · Primary
- Mike Stevens · Primary
- Casey Crabtree · Primary
Sponsorship breakdown
Export CSV (upgrade) →4 sponsors · 0 co-sponsors · 101 not signed on · 2 voted No
Sponsors (4)
- Kyle Schoenfish Republican
- Matt Roby Republican
- Mike Stevens Republican
- Casey Crabtree Republican
Co-sponsors (0)
None.
Not signed on (101)
101 members have not signed on to this bill.
Show all 101 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Votes
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Republican | 57 | 2 | 0 | 4 |
| Democratic | 5 | 0 | 0 | 0 |
| Unaffiliated | 2 | 0 | 0 | 0 |
| Total | 64 | 2 | 0 | 4 |
| % of votes cast | 91% | 3% | 0% | 6% |
How each member voted (70)
| Member | Party | Vote |
|---|---|---|
| Kolbeck (Jack) | — | Yea |
| Van Diepen | — | Yea |
| Eric Emery | Democratic | Yea |
| Erik Muckey | Democratic | Yea |
| Erin Healy | Democratic | Yea |
| Kadyn Wittman | Democratic | Yea |
| Nicole Uhre-Balk | Democratic | Yea |
| Aaron Aylward | Republican | Not Voting |
| Al Novstrup | Republican | Yea |
| Amber Arlint | Republican | Yea |
| Bethany Soye | Republican | Not Voting |
| Bobbi Andera | Republican | Yea |
| Brandei Schaefbauer | Republican | Yea |
| Brian Mulder | Republican | Yea |
| Chris Kassin | Republican | Yea |
| Curt Massie | Republican | Yea |
| David Kull | Republican | Yea |
| Drew Peterson | Republican | Not Voting |
| Dylan Jordan | Republican | Yea |
| Greg Jamison | Republican | Yea |
| Heather Baxter | Republican | Yea |
| Jana Hunt | Republican | Nay |
| Jeff Bathke | Republican | Not Voting |
| Jessica Bahmuller | Republican | Yea |
| Jim Halverson | Republican | Yea |
| John Hughes | Republican | Yea |
| John Shubeck | Republican | Yea |
| John Sjaarda | Republican | Yea |
| Jon Hansen | Republican | Yea |
| Josephine Garcia | Republican | Yea |
| Julie Auch | Republican | Yea |
| Kaley Nolz | Republican | Yea |
| Karla Lems | Republican | Yea |
| Kathy Rice | Republican | Yea |
| Kent Roe | Republican | Yea |
| Keri Weems | Republican | Yea |
| Lana Greenfield | Republican | Yea |
| Leslie Heinemann | Republican | Yea |
| Liz May | Republican | Yea |
| Logan Manhart | Republican | Yea |
| Marty Overweg | Republican | Yea |
| Mary Fitzgerald | Republican | Yea |
| Matt Roby | Republican | Yea |
| Mellissa Heermann | Republican | Yea |
| Mike Derby | Republican | Yea |
| Mike Stevens | Republican | Yea |
| Mike Weisgram | Republican | Yea |
| Nick Fosness | Republican | Yea |
| Peri Pourier | Republican | Yea |
| Phil Jensen | Republican | Yea |
| Rebecca Reimer | Republican | Yea |
| Roger DeGroot | Republican | Yea |
| Scott Moore | Republican | Yea |
| Scott Odenbach | Republican | Yea |
| Spencer Gosch | Republican | Yea |
| Steve Duffy | Republican | Yea |
| Taylor Rehfeldt | Republican | Yea |
| Terri Jorgenson | Republican | Yea |
| Tesa Schwans | Republican | Yea |
| Tim Czmowski | Republican | Yea |
| Tim Goodwin | Republican | Yea |
| Tim Reisch | Republican | Yea |
| Tim Walburg | Republican | Yea |
| Tina Mulally | Republican | Yea |
| Tony Kayser | Republican | Yea |
| Tony Randolph | Republican | Yea |
| Travis Ismay | Republican | Nay |
| Trish Ladner | Republican | Yea |
| Will Mortenson | Republican | Yea |
| William Shorma | Republican | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Republican | 10 | 1 | 0 | 1 |
| Democratic | 1 | 0 | 0 | 0 |
| Total | 11 | 1 | 0 | 1 |
| % of votes cast | 85% | 8% | 0% | 8% |
How each member voted (13)
| Member | Party | Vote |
|---|---|---|
| Kadyn Wittman | Democratic | Yea |
| Curt Massie | Republican | Yea |
| David Kull | Republican | Yea |
| Jana Hunt | Republican | Nay |
| John Hughes | Republican | Yea |
| Mary Fitzgerald | Republican | Yea |
| Matt Roby | Republican | Yea |
| Mike Stevens | Republican | Yea |
| Peri Pourier | Republican | Yea |
| Rebecca Reimer | Republican | Yea |
| Tim Reisch | Republican | Yea |
| Tim Walburg | Republican | Not Voting |
| Will Mortenson | Republican | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Republican | 30 | 0 | 0 | 1 |
| Democratic | 3 | 0 | 0 | 0 |
| Unaffiliated | 1 | 0 | 0 | 0 |
| Total | 34 | 0 | 0 | 1 |
| % of votes cast | 97% | 0% | 0% | 3% |
How each member voted (35)
| Member | Party | Vote |
|---|---|---|
| Otten | — | Yea |
| Jamie Smith | Democratic | Yea |
| Liz Larson | Democratic | Yea |
| Red Dawn Foster | Democratic | Yea |
| Amber Hulse | Republican | Yea |
| Arch Beal | Republican | Not Voting |
| Brandon Wipf | Republican | Yea |
| Carl Perry | Republican | Yea |
| Casey Crabtree | Republican | Yea |
| Chris Karr | Republican | Yea |
| Curt Voight | Republican | Yea |
| Glen Vilhauer | Republican | Yea |
| Greg Blanc | Republican | Yea |
| Helene Duhamel | Republican | Yea |
| Jim Mehlhaff | Republican | Yea |
| John Carley | Republican | Yea |
| Joy Hohn | Republican | Yea |
| Kevin Jensen | Republican | Yea |
| Kyle Schoenfish | Republican | Yea |
| Larry Zikmund | Republican | Yea |
| Lauren Nelson | Republican | Yea |
| Mark Lapka | Republican | Yea |
| Michael Rohl | Republican | Yea |
| Mykala Voita | Republican | Yea |
| Paul Miskimins | Republican | Yea |
| Randy Deibert | Republican | Yea |
| Sam Marty | Republican | Yea |
| Stephanie Sauder | Republican | Yea |
| Steve Kolbeck | Republican | Yea |
| Sue Peterson | Republican | Yea |
| Sydney Davis | Republican | Yea |
| Taffy Howard | Republican | Yea |
| Tamara Grove | Republican | Yea |
| Tim Reed | Republican | Yea |
| Tom Pischke | Republican | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Republican | 7 | 0 | 0 | 1 |
| Democratic | 1 | 0 | 0 | 0 |
| Total | 8 | 0 | 0 | 1 |
| % of votes cast | 89% | 0% | 0% | 11% |
How each member voted (9)
| Member | Party | Vote |
|---|---|---|
| Liz Larson | Democratic | Yea |
| Carl Perry | Republican | Yea |
| Casey Crabtree | Republican | Yea |
| Chris Karr | Republican | Yea |
| Jim Mehlhaff | Republican | Yea |
| Joy Hohn | Republican | Yea |
| Randy Deibert | Republican | Yea |
| Steve Kolbeck | Republican | Yea |
| Sue Peterson | Republican | Not Voting |
Subjects
Frequently asked questions
- Who sponsors SB 100?
- SB 100 is sponsored by Kyle Schoenfish (Republican), Matt Roby (Republican), Mike Stevens (Republican), and Casey Crabtree (Republican).
- What is the current status of SB 100?
- This bill has been enacted into law. Introduced January 20, 2026. Enacted.
- Where can I track SB 100?
- Track SB 100 free on One Click Politics — get push/email alerts when it moves.
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