This bill aims to enhance the authority and access of the state auditor in South Dakota by establishing a new section in chapter 1-9. It mandates the state auditor to hire a qualified individual with expertise in accounting and auditing to oversee the state accounting system. The auditor is granted access to all financial records, accounts, and reports from state agencies to investigate transactions, identify improper conduct, and ensure effective internal financial controls. The auditor is also required to report any findings of misconduct, fraud, or misappropriation to both the auditor general and the attorney general. Importantly, the auditor's access does not extend to altering any financial records.

Additionally, the bill amends section 4-7-15 to clarify that the Bureau of Finance and Management, under the Governor's direction, must make its records and information available to the Legislature and the state auditor at all times. This amendment reinforces the transparency and accountability of financial policies and plans developed by the Bureau, ensuring that the state auditor has the necessary access to fulfill their expanded investigatory role effectively.

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
Enrolled, 03/03/2025: 4-7-15