South Dakota 2026 Regular Session Status: Enacted Bipartisan · 13 R · 6 D cosponsors

SB 98 — prevent virtual currency kiosk fraud.

Last action — Signed by the Governor on 2026-03-12 S.J. 529

  1. ✓
    Introduced
  2. ✓
    In Committee
  3. ✓
    Passed Senate
  4. ✓
    Passed House
  5. ✓
    To Executive
  6. 6
    Enacted

This bill has been enacted into law. Introduced January 20, 2026. Enacted.

Signed by Governor Larry Rhoden (Republican) on March 12, 2026.

Odds of enactment

High chance

Based 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

Likely to advance 98% · high confidence

  • Enacted

    Current position in the legislative process.

  • 19 sponsors

    19 primary, 0 co-sponsors signed on.

  • Bipartisan support

    Sponsored across 2 parties (13 R · 6 D) — cross-party backing.

  • 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

240 added · 216 removed

Plain-language change summary

The recently passed version of SB 98 has introduced new definitions related to virtual currency kiosks, including terms like "charges," "licensee," and "user." This clarification helps ensure that everyone involved in virtual currency transactions—whether they are operators, users, or regulators—understands their roles, responsibilities, and the costs involved. By clearly defining these terms, the law aims to prevent fraud and protect consumers who engage in transactions through these kiosks. This change matters because it establishes a framework for accountability and transparency in the growing virtual currency market.

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26.357.21 101st Legislative Session 98 South Dakota Legislature Senate Bill 98 SENATE COMMERCE AND ENERGY ENGROSSED Introduced by:
26.357.22 101st Legislative Session 98 South Dakota Legislature Senate Bill 98 ENROLLED A N A CT ENTITLED An Act to prevent virtual currency kiosk fraud.
Senator Kolbeck (Steve) An Act to prevent virtual currency kiosk fraud.
B E IT ENACTED BY THE LEGISLATURE OF THE STATE OF S OUTH D AKOTA :
BE IT ENACTED BY THE LEGISLATURE OF THE S TATE OF S OUTH D AKOTA :
or (b) Electronic terminal operated by or on behalf of a licensee engaged in virtual currency business activities, or a person acting on behalf of a licensee engaged in virtual currency business activities, whether or not the licensee owns the kiosk or provides custodial services, provided the terminal Overstrikes indicate deleted language.
or (b) Electronic terminal operated by or on behalf of a licensee engaged in virtual currency business activities, or a person acting on behalf of a licensee engaged in virtual currency business activities, whether or not the licensee owns the kiosk or provides custodial services, provided the terminal 26.357.22 2 98 facilitates the exchange of virtual currency for bank credit, money, or other virtual currency by:
26.357.21 2 98 facilitates the exchange of virtual currency for bank credit, money, or other virtual currency by:
Overstrikes indicate deleted language.
SB98 ENROLLED 26.357.22 3 98 (1) The licensee's legal name and any fictitious or trade name;
26.357.21 3 98 (1) The licensee's legal name and any fictitious or trade name;
Overstrikes indicate deleted language.
SB98 ENROLLED 26.357.22 4 98 (a) Virtual currency is not issued or backed by the United States government and is not legal tender;
26.357.21 4 98 (a) Virtual currency is not issued or backed by the United States government and is not legal tender;
Overstrikes indicate deleted language.
SB98 ENROLLED 26.357.22 5 98 (2) Within ninety days after the last occurrence of fraud or of becoming aware of the fraud, informs the licensee of all fraudulent transactions at issue;
26.357.21 5 98 (2) Within ninety days after the last occurrence of fraud or of becoming aware of the fraud, informs the licensee of all fraudulent transactions at issue;
A licensee shall provide a dedicated telephone line or email address for facilitating law enforcement and regulatory agency communications in the event of a report of fraud Overstrikes indicate deleted language.
A licensee shall provide a dedicated telephone line or email address for facilitating law enforcement and regulatory agency communications in the event of a report of fraud SB98 ENROLLED 26.357.22 6 98 from a user.
26.357.21 6 98 from a user.
Overstrikes indicate deleted language.
SB98 ENROLLED 26.357.22 7 98 (1) Obtain a copy of a government-issued identification card that identifies the user;
26.357.21 7 98 (1) Obtain a copy of a government-issued identification card that identifies the user;
Underscores indicate new language.
SB98 ENROLLED 26.357.22 8 98 An Act to prevent virtual currency kiosk fraud.
Overstrikes indicate deleted language.
Received at this Executive Office I certify that the attached Act originated in this _____ day of _____________, the:
at ____________M.
Senate as Bill No.
98 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.
98 By File No.
____ Asst.
Secretary of State Chapter No.
______ SB98 ENROLLED
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Action History

  1. Signed by the Governor on 2026-03-12 S.J. 529

  2. Delivered to the Governor on 2026-03-09 S.J. 488

  3. Signed by the Speaker H.J. 530

  4. Signed by the President S.J. 470

  5. House of Representatives Do Pass Amended , Passed, YEAS 59, NAYS 7 H.J. 492

  6. Commerce and Energy Do Pass , Passed, YEAS 10, NAYS 2

  7. Scheduled for hearing

  8. First read in House and referred to House Commerce and Energy H.J. 355

  9. Senate Do Pass Amended , Passed, YEAS 31, NAYS 2 S.J. 284

  10. Remove from Consent Calendar S.J. 261

  11. Certified uncontested, placed on consent , Passed,

  12. Commerce and Energy Do Pass Amended , Passed, YEAS 7, NAYS 0

  13. Commerce and Energy Motion to amend , Passed, Amendment 98C

  14. Scheduled for hearing

  15. Scheduled for hearing

  16. First read in Senate and referred to Senate Commerce and Energy S.J. 66

Sponsors

Sponsorship breakdown

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19 sponsors · 0 co-sponsors · 86 not signed on · 9 voted No

Sponsors (19)

Co-sponsors (0)

None.

Not signed on (86)

86 members have not signed on to this bill.

Show all 86 →

"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.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Votes

Do Pass Amended

Passed 59 Yea · 7 Nay · 4 Other
Party YeaNayPresentNot Voting
Republican 53703
Democratic 4001
Unaffiliated 2000
Total 59704
% of votes cast 84%10%0%6%
How each member voted (70)
Member Party Vote
Kolbeck (Jack) — Yea
Van Diepen — Yea
Eric Emery Democratic Yea
Erik Muckey Democratic Not Voting
Erin Healy Democratic Yea
Kadyn Wittman Democratic Yea
Nicole Uhre-Balk Democratic Yea
Aaron Aylward Republican Nay
Al Novstrup Republican Yea
Amber Arlint Republican Yea
Bethany Soye Republican Not Voting
Bobbi Andera Republican Yea
Brandei Schaefbauer Republican Nay
Brian Mulder Republican Yea
Chris Kassin Republican Yea
Curt Massie Republican Yea
David Kull Republican Yea
Drew Peterson Republican Yea
Dylan Jordan Republican Nay
Greg Jamison Republican Yea
Heather Baxter Republican Yea
Jana Hunt Republican Yea
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 Nay
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 Nay
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 Not Voting
Tim Goodwin Republican Yea
Tim Reisch Republican Yea
Tim Walburg Republican Yea
Tina Mulally Republican Nay
Tony Kayser Republican Yea
Tony Randolph Republican Nay
Travis Ismay Republican Yea
Trish Ladner Republican Yea
Will Mortenson Republican Yea
William Shorma Republican Yea

Official roll call →

Do Pass

Passed 10 Yea · 2 Nay · 1 Other
Party YeaNayPresentNot Voting
Republican 9201
Democratic 1000
Total 10201
% of votes cast 77%15%0%8%
How each member voted (13)
Member Party Vote
Nicole Uhre-Balk Democratic Yea
Aaron Aylward Republican Nay
Drew Peterson Republican Yea
Jessica Bahmuller Republican Yea
Kaley Nolz Republican Yea
Karla Lems Republican Yea
Lana Greenfield Republican Yea
Mike Weisgram Republican Yea
Steve Duffy Republican Not Voting
Tesa Schwans Republican Yea
Tina Mulally Republican Nay
Tony Kayser Republican Yea
William Shorma Republican Yea

Official roll call →

Do Pass Amended

Passed 31 Yea · 2 Nay · 2 Other
Party YeaNayPresentNot Voting
Republican 27202
Democratic 3000
Unaffiliated 1000
Total 31202
% of votes cast 89%6%0%6%
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 Nay
Helene Duhamel Republican Yea
Jim Mehlhaff Republican Yea
John Carley Republican Nay
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 Not Voting

Official roll call →

Subjects

finance technology
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Frequently asked questions

Who sponsors SB 98?
SB 98 is sponsored by Kadyn Wittman (Democratic), Tim Walburg (Republican), Glen Vilhauer (Republican), Nicole Uhre-Balk (Democratic), Michael Rohl (Republican), Matt Roby (Republican), Tom Pischke (Republican), Carl Perry (Republican), Erik Muckey (Democratic), Scott Moore (Republican), Jim Mehlhaff (Republican), Liz Larson (Democratic), Mellissa Heermann (Republican), Erin Healy (Democratic), Tim Goodwin (Republican), Eric Emery (Democratic), Steve Duffy (Republican), Mike Weisgram (Republican), and Steve Kolbeck (Republican).
What is the current status of SB 98?
This bill has been enacted into law. Introduced January 20, 2026. Enacted.
Where can I track SB 98?
Track SB 98 free on One Click Politics — get push/email alerts when it moves.

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