The bill amends various sections of South Dakota law to enhance financial practices and improve transparency in government contracting and record-keeping. It requires state agencies to electronically file consulting contracts with the state auditor within five days of finalization and clarifies the definition of "consulting contract" to include written agreements for consulting services funded from contractual services accounts. Additionally, the bill mandates the maintenance of a searchable internet website for public access to state financial information and contracts, specifically highlighting contracts valued at ten thousand dollars or more.

Further amendments address the retention and destruction of state records, allowing for the destruction of vouchers that are at least seven years old and have been audited, without needing approval from the records destruction board. The bill also modifies the process for submitting electronic sealed bids for state contracts, requiring submissions to be made through an electronic procurement system authorized by the Bureau of Finance and Management, rather than the Bureau of Human Resources and Administration. These changes aim to improve accountability, efficiency, and compliance in state financial operations and procurement processes.

Statutes affected:
Introduced, 01/08/2026: 1-24A-1, 1-24A-3, 1-27-13, 1-27-45, 1-27-46, 3-9-1, 3-9-1.1, 3-9-6, 3-9-8, 4-9-2, 4-9-4, 4-9-8, 4-10-4, 4-10-6, 4-10-7, 4-10-8, 5-18D-4