HB 1043 - Establishes a Lithium Mining Tax - South Dakota Key Vote

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Title: Establishes a Lithium Mining Tax

Vote Smart's Synopsis:

Vote to pass a bill that establishes a lithium mining tax in the state of South Dakota.

Highlights:

  • Establishes a tax of 5% on the net profits of mining lithium (Sec. 1). 

  • Specifies that the provisions of this bill shall take effect immediately upon passage and approval by the governor (Sec. 2).

See How Your Politicians Voted

Title: Establishes a Lithium Mining Tax

Vote Smart's Synopsis:

Vote to pass a bill that establishes a lithium mining tax in the state of South Dakota.

Highlights:

  • Establishes a tax of 5% on the net profits of mining lithium (Sec. 1). 

  • Specifies that the provisions of this bill shall take effect immediately upon passage and approval by the governor (Sec. 2).

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