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The 1974 South Dakota gubernatorial election was held on November 5, 1974, to elect a Governor of South Dakota. This election was the first in South Dakota to elect the governor for a four-year term, after it was allowed by a constitutional amendment passed in 1972.Democratic nominee and Governor Richard F. Kneip was re-elected, defeating Republican nominee John E. Olson. As of 2017, this is the most recent election in which a Democrat was elected Governor of South Dakota.