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South Dakota PUC Takes First Step In Oral Credit Rule Change

South Dakota Public Utilities commissioners took the first step this week toward advancing a new oral credit rule for grain seller, buyers and elevators. PUC Vice Chair Chris Nelson says their proposed rule which they’ll vote on August 12 shores up oral credit regulations which gives farmers time before they sign a contract.

 

Nelson says should the commission okay the rule at their August meeting then it will be reviewed by a state legislative panel before it’s finalized.

The proposed rule change came about after a Judge earlier ruled that grain warehouse and grain buyers contracts must be signed.

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Making headlines this week

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A look at some of this week's biggest stories and the headlines you may have missed.

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South Dakota Democrats Talk Medicaid Expansion

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Medicaid expansion continues to be on the South Dakota legislative agenda.

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House Education Committee Repeals Foundation Funding

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The South Dakota House Education Committee voted to repeal the foundation funding legislation.

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Lots Of Lobbying On Gas Tax Proposal

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One Iowa State Senator says the lobbying has been intense as the legislature prepares to take up a proposal to increase the state gas tax.

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Sioux Falls Flood Map Discussed

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South Dakota’s Congressional delegation met with the Federal Emergency Management Agency this week to talk about new flood maps for the City of Sioux Falls.