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Read. Follow. Verify.South Dakota allocates $10 million for loans to custom meat processing plants
Last action · February 10, 2026: Withdrawn at the Request of the Prime SponsorSponsors: John Shubeck and 4 others
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What This Bill Proposed
South Dakota appropriates $10,000,000 from the to provide loans for starting or expanding and slaughtering establishments, effective June 30, 2026.
Operators of custom meat processing facilities gain access to state-backed startup and expansion financing capped at $1,000,000 per establishment.
Who It Would Have Affected
Groups the bill's text would have affected, as described in the record. Being affected is not a position for or against it.
custom exempt plants and slaughtering establishments
Eligible to apply for startup and expansion loans up to $1,000,000 from the state.
Governor's Office of Economic Development
Tasked with administering the loan program, establishing terms and conditions, and approving vouchers.
Key Facts
You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.
Frequently Asked Questions
What is the maximum loan amount an individual establishment can receive?
Where does the appropriated money come from?
What else do you want to know?
News Coverage
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Votes, people, money & the original sourceWhere This Stands
This bill did not become law - Withdrawn.
Procedural history
3 actions- Feb 10, 2026HouseWithdrawn at the Request of the Prime Sponsor
- Feb 5, 2026HouseCommitteeReferred to
- Feb 4, 2026HouseIntroducedFirst Reading House
Version history
Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.
View official text →Lobbying Activity
No state lobbying filings in our records match this bill. Federal lobbying reports (LDA) cover Congress, so they are not listed on state bills.
Full breakdown
Who this bill affects and the strongest case for and against it, written only from the bill’s own text.
Sponsors
Connected Entities
Sources
sdlegislature.gov
Analysis Score
0–100- Significance20Lowered because this bill did not pass (its text scored 55)
- Controversy15Intensity of disagreement among stakeholders
- Entertainment5Compellingness for a non-policy-wonk reader
- Buzz25Current news / social attention level
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