Page 1 of 2 Today Was Legislative Day Number 20, So We Have Reached The

Page 1 of 2 Today Was Legislative Day Number 20, So We Have Reached The

2019 South Dakota Legislature | February 8, 2019 Today was legislative day number 20, so we have Emails are great. Follow-up phone calls or face-to-face reached the halfway point of the 2019 Session. Break visits are critically important. Here is a list of the House out the camel hair blazers and ask, “What day is it?” State Affairs Committee. Here are the highlights of week number five. • Rep. Lee Qualm, Platte, Chairman • Rep. Arch Beal, Sioux Falls, Vice Chairman HB1184 Business Development Banks: The first • Rep. David Anderson, Hudson committee hearing on this bill has been set for next • Rep. Drew Dennert, Aberdeen Wednesday morning, beginning promptly at 7:45 a.m. • Rep. Mike Diedrich, Rapid City Since Feb. 13 is also Banker Day at the State Capitol, I • Rep. Tim Goodwin, Rapid City expect the hearing in Room 414 on the fourth floor will • Rep. Spencer Gosch, Glenham be full of bankers in town for the SDBA’s annual State • Rep. Jon Hansen, Dell Rapids Legislative Day. I was planning to conduct a session on • Rep. Steven Haugaard, Sioux Falls legislative basics with our emerging leaders group at • Rep. Kevin Jensen, Canton that time, but now those bankers will be heading to the • Rep. Steven McCleery, Sisseton Capitol instead. What was the line from the old Coca- • Rep. Kent Peterson, Salem Cola commercial—there’s nothing like the real thing. • Rep. Jamie Smith, Sioux Falls Your SDBA team of lobbyists have been talking Contact information including phone numbers and individually with members of the House State Affairs email addresses for all legislators can be found at this Committee, explaining the primary reasons for bankers’ site: opposition to HB1184. It is important that legislators http://sdlegislature.gov/Legislators/ContactLegislator.a understand that our concerns are not about spx?Session=2019 competition in the lending space. Instead, we need to point out that full-service traditional community banks Talking Points for Use with Legislators are all about business development every day—plus a The best kind of communication between constituents lot more. Bestowing the title of business development and your elected legislators comes straight from your bank on fintech money lending companies like gut. Talking points that you can use to frame that Expansion Capital dilutes the value of the word “bank” conversation can be found here on the SDBA website. and could potentially create confusion among the As you make those contacts in the days ahead and get a general public. sense of how individual legislators intend to vote on HB1184, please drop me a note. Your feedback will help This weekend when legislators are back home in their SDBA Legal Counsel Brett Koenecke and me know how districts and on Monday and Tuesday when they are and where to concentrate our lobbying efforts on your back in Pierre, members of the South Dakota House of behalf. Representatives who service on the House State Affairs Committee need to hear from their hometown bankers. Page 1 of 2 Published Weekly During Session by the South Dakota Bankers Association PO Box 1081 | 109 W Missouri Ave | Pierre, SD 57501 | 605.224.1653 | 800.726.7322 | www.sdba.com SB37 Association Health Insurance Plans. This SDBA- passed unanimously out of the House Commerce and supported measure cleared its final legislative hurdles Energy Committee on Friday. this week, passing the House Commerce Committee and full House of Representatives by unanimous votes. As always, please contact me any time you have Since this bill was introduced on behalf of the South questions or concerns. Dakota Division of Insurance, there is no doubt that it • Office Phone: 605.224.1653 will be signed into law by Gov. Noem. • Cell Phone: 605.280.7985 • Email: [email protected] SB169 Property Tax Payment Deadline Extension for Federal Workers. This measure had its initial hearing in the Senate Taxation committee on Friday morning. I worked with the bill’s prime sponsor, Sen. Jack Kolbeck (R-Sioux Falls) on an amendment to remove tax payments paid through an escrow account from the measure, thereby eliminating related paperwork and payment concerns. The committee ultimately defeated the measure, sending it to the mythical 41st legislative day by a 6-1 vote. HB1173 Guns in Trunks. One of many bills dealing in some way with guns, HB1173 sets up a collision between rights of private property owners and Second Amendment rights to keep and bear arms. Earlier in the week in conversations with other members of the business lobbying corp, I expressed concerns about language included in subsection 8 of the measure which held that an employer could not terminate or otherwise discriminate against an employee for exercising the right to keep and bear firearms or for exercising the right of self-defense….so long as the firearm is not exhibited on the employer’s property for any reason other than lawful defensive purposes. My concern was whether this language might create the possibility of a standoff between an employer who instituted a no-guns-in-the-building policy and an employee who felt the need to have their weapon close-by (in a holster, in a desk drawer or on their desk) as a means of self-defense. A rumor was circulating Friday that the bill will ultimately be amended to eliminate troublesome subsection (8). HB1173 is assigned to the House State Affairs Committee, but no hearing date has been set. Stay tuned. HB1196 Define Blockchain Technology for certain purposes. This bill to define blockchain technology in state code and to clarify that records or signatures secured through blockchain technology are electronic transactions was amended slightly and subsequently Page 2 of 2 Published Weekly During Session by the South Dakota Bankers Association PO Box 1081 | 109 W Missouri Ave | Pierre, SD 57501 | 605.224.1653 | 800.726.7322 | www.sdba.com .

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