Bill > HB1072

This bill appropriates a total of $12,002,796 from various state funds, including the general fund, federal funds, and other funds, to the Bureau of Finance and Management, which is the state agency responsible for managing state finances. This money is designated for a payment to state employees, specifically a one and a half percent increase to their current salaries. The Bureau of Finance and Management will then distribute these funds to state agencies to cover the cost of this salary increase, which will be implemented starting July 1, 2026, for employees who were employed as of January 1, 2026, with payments made monthly based on their annualized salary from that date, and no payment will be made to employees who are no longer with the state by the payment date. The commissioner of the Bureau of Finance and Management is authorized to approve these payments, and the state auditor will issue warrants to disburse the funds. Any funds not spent or committed by June 30, 2027, will be returned to the state treasury, and the act itself becomes effective on June 30, 2026.

Budget and Finance

https://sdlegislature.gov/#/Session/Bill/26808