This bill amends South Dakota law to require legislative approval for leases of real property necessary for the operation of state government that exceed fifteen years in duration or have rental payments exceeding five million dollars. The Bureau of Human Resources and Administration is tasked with managing these leases, but cannot enter into or authorize such leases without obtaining legislative consent. If the Legislature is in session, the Bureau must seek a joint resolution for approval; if not in session, it must request consent from the Executive Board of the Legislative Research Council. Additionally, any lease structured to circumvent these approval thresholds will be deemed void and unenforceable.
Furthermore, the bill stipulates that any existing leases that exceed the specified terms or payment thresholds will become void and unenforceable by July 1, 2026, unless legislative consent is obtained before that date. This provision aims to ensure that all significant real property leases are subject to legislative oversight, thereby enhancing accountability and transparency in state government operations.
Statutes affected: Introduced, 01/30/2025: 1-33-9
House State Affairs Engrossed, 02/11/2025: 1-33-9