This bill introduces a new provision to South Dakota's campaign finance laws, specifically prohibiting candidates and their campaign committees from accepting contributions or loans from authorized committees of candidates running for federal office. The new section will be added to chapter 12-27 and is set to take effect on January 1, 2025.

The intent of this legislation is to enhance the integrity of state-level elections by preventing potential conflicts of interest and ensuring that state candidates are not financially influenced by federal candidates' committees. This measure aims to promote transparency and fairness in the campaign finance process within the state.