The bill amends South Dakota's existing laws regarding the distribution of gaming revenues, specifically within sections 42-7B-48 and 42-7B-48.1. It establishes the South Dakota Gaming Commission fund, which will receive proceeds from various gaming-related sources, including taxes and fees. The bill specifies that 40% of the gaming tax collected will be allocated to the tourism promotion fund, while 10% will be paid to Lawrence County. Additionally, it outlines that the commission's operational expenses will be covered, and a minimum of $100,000 will be transferred to the historical preservation loan and grant fund.

Furthermore, the bill details the distribution of remaining funds after covering commission expenses and the historical preservation fund. It stipulates that 25% of the remaining funds will go to the state general fund, 3.3% will be distributed to municipalities in Lawrence County (excluding Deadwood) based on population, and 0.7% will be allocated to school districts in Lawrence County that do not receive state aid for general education. The City of Deadwood will receive 71% of the remaining funds for its historic restoration and preservation fund.

Statutes affected:
Introduced, 01/20/2026: 42-7B-48.1
Senate Appropriations Engrossed, 02/23/2026: 42-7B-48, 42-7B-48.1
Enrolled, 03/10/2026: 42-7B-48, 42-7B-48.1