The bill proposes a new exemption from sales tax for soil amendments used exclusively for agricultural purposes in South Dakota. Specifically, it introduces a provision that exempts the gross receipts from the sale of any soil amendment, as defined in existing law, provided that a minimum of five hundred pounds of the product is sold in a single transaction.

This legislative change aims to support agricultural practices by reducing the financial burden associated with purchasing soil amendments, thereby encouraging their use in farming operations. The exemption is contingent upon the sale of a substantial quantity, ensuring that it targets larger agricultural needs rather than smaller, non-agricultural uses.