Bill > SB142

This bill amends the requirements for filing campaign finance disclosure statements for various political committees in South Dakota, including candidate committees for statewide, legislative, and county offices, as well as statewide political action committees, statewide political parties, county political parties, and statewide ballot question committees. The changes consolidate and clarify the types of statements that must be filed, which now consistently include a pre-primary statement, a pre-general statement, an annual year-end statement, a supplemental report if applicable, and any necessary amendments. The bill also updates terminology, changing "report" to "statement" in several instances, and specifies that a termination statement can be submitted at any time. It also outlines specific procedures for political parties losing qualified status and for statewide ballot question committees that cease to have activity. The bill will take effect on January 1, 2027, and violations of these filing requirements are classified as misdemeanors, with subsequent offenses carrying a more severe penalty.

Government Affairs

https://sdlegislature.gov/#/Session/Bill/27104