The bill aims to enhance the authority and access of the state auditor in South Dakota by establishing new provisions for monitoring the state accounting system. It mandates the state auditor to employ a qualified individual with experience in accounting and auditing, who will have the right to access all financial records and accounts of state agencies to investigate transactions and ensure proper financial controls are in place. Additionally, the auditor is required to report any instances of improper government conduct, fraud, or misappropriation to both the auditor general and the attorney general. The definition of "agency" is expanded to include various state entities, while explicitly excluding political subdivisions.

Furthermore, the bill amends existing legislation regarding the Bureau of Finance and Management, clarifying that the bureau, under the Governor's direction, must develop financial policies and plans for budget recommendations to the Legislature. The amendment specifies that the bureau must make its records and information available not only to the Legislature but also to its designees and the state auditor, thereby promoting transparency and accountability in financial management.

Statutes affected:
Introduced, 01/10/2025: 4-7-15, 4-7-18
Senate State Affairs Engrossed, 01/27/2025: 4-7-15, 4-7-18
Senate Engrossed, 02/06/2025: 4-7-15