summary
Introduced
01/29/2026
01/29/2026
In Committee
02/02/2026
02/02/2026
Crossed Over
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
A CONCURRENT RESOLUTION urging Congress to repeal the estate tax.
AI Summary
This concurrent resolution urges Congress to repeal the estate tax, which is a tax on the assets a person leaves behind at death, often after those assets have already been taxed. The resolution highlights that this tax can be particularly burdensome for farm and ranch families, as their wealth is often tied up in land and equipment rather than readily available cash, sometimes forcing them to sell their businesses to pay the tax. It also argues that eliminating the estate tax could stimulate economic growth and job creation, ultimately leading to more societal wealth and government revenue. The resolution specifically mentions Senator John Thune's sponsorship of a bill to eliminate this tax.
Committee Categories
Budget and Finance
Sponsors (25)
Dylan Jordan (R)*,
Bobbi Andera (R),
Julie Auch (R),
Aaron Aylward (R),
Jessica Bahmuller (R),
Heather Baxter (R),
Greg Blanc (R),
John Carley (R),
Tim Goodwin (R),
Tamara Grove (R),
Taffy Howard (R),
Travis Ismay (R),
Kevin Jensen (R),
Phil Jensen (R),
Terri Jorgenson (R),
Tony Kayser (R),
Logan Manhart (R),
Lauren Nelson (R),
Al Novstrup (R),
Carl Perry (R),
Tom Pischke (R),
Kathy Rice (R),
William Shorma (R),
John Sjaarda (R),
Larry Zikmund (R),
Last Action
Taxation Tabled, Passed, YEAS 13, NAYS 0. H.J. 7 (on 02/10/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://sdlegislature.gov/#/Session/Bill/26392 |
| BillText | https://mylrc.sdlegislature.gov/api/Documents/299008.pdf |
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