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South Dakota Legislature House Bill 1026 Establishes Licensing for Property Data Collectors and Registration for Companies

Original title: provide for the licensing of property data collectors and the registration of property data collection companies and to provide a penalty therefor.

Last action · January 26, 2026: Deferred to the 41st legislative daySponsors: Kent Roe and 2 others

Introduced
Committee
Floor Vote
Passed
Law

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What This Bill Proposed

South Dakota House Bill 1026 requires individuals performing s for real estate-related financial transactions to be licensed by the Department of Labor and Regulation, and mandates that property data collection companies register with the state. The measure sets up mandatory education, insurance, and background check requirements, and establishes a new state treasury fund financed by licensing and registration fees.

Why it matters

Property data collectors and companies operating in South Dakota face new state oversight, required training hours, mandatory bonding and insurance thresholds, and annual renewal fees, with unlicensed practice classified as a Class 1 misdemeanor.

Background
  • House Bill 1026 was introduced during the 2026 legislative session of the South Dakota Legislature. context

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.

Directly affected

Property data collectors

Must obtain a state license, complete training, pass background checks and exams, and maintain insurance and bonds.

Directly affected

Property data collection companies

Must register with the department, verify collector licenses, maintain records, and carry required insurance and bonds.

Directly affected

Department of Labor and Regulation

Administers licensing, company registrations, continuing education standards, rule promulgation, and the property data collection fund.

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

Who is required to obtain a property data collector license under this bill?
Any individual who engages in the physical or virtual visual observation of real estate for real estate-related financial transactions and prepares reports transmitted to a collection company must be licensed, unless specifically exempt.
Are licensed real estate appraisers or brokers required to get a separate property data collector license?
No. Licensed architects, engineers, real estate appraisers, and real estate brokers are exempt from the individual licensing requirement, though they remain subject to other provisions of the chapter.
What insurance and bonding amounts are required for property data collection companies?
Companies must possess general liability insurance in the amount of five hundred thousand dollars and a in the amount of twenty-five thousand dollars.

What else do you want to know?

News Coverage

No news coverage found yet. Articles are indexed twice daily.

Where This Stands

This bill did not become law - Died at adjournment · in House committee.

Procedural history

3 actions
  1. Jan 26, 2026House
    Deferred to the 41st legislative day
  2. Jan 26, 2026House
    Scheduled for hearing
  3. Jan 13, 2026HouseIntroduced
    First read in House and referred to

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

Kent Roe, Glen Vilhauer, Department of Labor and Regulation and 1 more
PersonKent Roe“Representative who introduced House Bill 1026”Map →
PersonGlen Vilhauer“Representative and co-sponsor”Map →
OrganizationDepartment of Labor and Regulation“Administers licensing, registration, and rules under the new chapter”Map →
PersonDavid Kull“House co-sponsor”Map →

Sources

Open source document

sdlegislature.gov

Analysis Score

0–100
  • Significance20
    Lowered because this bill did not pass (its text scored 60)
  • Controversy25
    Intensity of disagreement among stakeholders
  • Entertainment5
    Compellingness for a non-policy-wonk reader
  • Buzz20
    Current news / social attention level

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