Lithium

Lobbyists in the halls of the South Dakota Capitol building in Pierre. (Joshua Haiar/South Dakota Searchlight)

Legislative roundup: Taxes and tribes, feedlots and lithium

BY: - January 27, 2023

PIERRE — Things really picked up at the Capitol this week, and deadlines had something to do with that. Lawmakers had free reign to submit as many bills as they pleased until 11 a.m. on Thursday, which meant dozens of bills dropped just before lunch that day. Check the list here. Each lawmaker can file […]

General Motors Co. announced plans to double revenue by 2030 with new battery-electric vehicles and hopes to surpass leading electric carmaker Tesla with the release of a new $30,000 electric SUV. (Photo by Justin Sullivan/Getty Images)

Bill to tax lithium as an energy mineral passes House

BY: - January 26, 2023

PIERRE – The South Dakota House of Representatives sent a bill classifying lithium as an energy mineral to the Senate on Thursday.  If passed, the re-classification would subject the high-demand mineral, used to power cell phones, laptops and electric vehicles, to the state’s severance tax. The severance tax is imposed on the extraction of natural […]