SD LEG Title Fee Exemption for Insurers

Updated on: Mar 17, 2025

Latest Event


  • Mar. 2025 SD LEG Governor Approval
  • On Mar. 13, 2025, SD LEG reported governor approved SB 135, effective Jul. 1, 2025.

On Mar. 3, SD LEG passed bill on motor vehicle title fee exemptions.

  • SD LEG passed SB 135 regarding exemption for motor vehicle insurers from title fee.
  • Provisions amended SD INS 32-3-18.2 on Administration fee - out of state applicant.
  • Bill Provisions
  • Additional fee applies to out-of-State owners registering motor vehicles in SD.
  • Fee does not apply to an insurer taking title pursuant to payment of covered loss.
  • Legislative History
  • On Jan. 30, 2025, bill was introduced in Senate; on Feb. 7, 2025, bill passed Senate.
  • On Feb. 10, 2025, bill was introduced in House; on Mar. 3, 2025, bill passed House.
  • Effectiveness
  • SD law states effective date for bills passed during regular session set for Jul. 1, 2025.
  • Mar. 2025 SD LEG Governor Approval
  • On Mar. 13, 2025, SD LEG reported governor approved SB 135, effective Jul. 1, 2025.
Regulators
SD LEG
Entity Types
Ins
Reference
Bill, 3/13/2025; PR, 3/12/2025; Bill SB135, 3/3/2025; Citation: SD INS 32-3-18.2;
Functions
Compliance; Legal; Registration/Licensing
Countries
United States of America
Category
State
N/A
Products
Auto/Motorcycle; Insurance; Insurance-Property
Rule Type
Final
Regions
Am
Rule Date
Mar 3, 2025
Effective Date
Jul 1, 2025
Rule ID
245734
Linked to
N/A
Reg. Last Update
Mar 13, 2025
Report Section
US Insurance