This bill amends the campaign finance disclosure requirements for various political committees in South Dakota. It specifies that the treasurer of a political committee must file several types of campaign finance disclosure statements, including pre-primary, pre-general, year-end, and supplemental reports, as well as amendments to prior statements if applicable. The bill outlines the specific filing requirements for different types of committees, such as candidate campaign committees for statewide and legislative offices, political action committees, political parties, and ballot question committees. The language clarifies the frequency and types of reports required, replacing previous terms with more precise definitions.

Additionally, the bill allows political committees to submit termination statements at any time and establishes a deadline for filing such statements if a political party loses its qualified status. It also stipulates that if a statewide ballot question committee has no activity to report, it must submit a termination statement by the next reporting period deadline. Violations of these requirements are classified as misdemeanors, with subsequent offenses resulting in more severe penalties. The new provisions will take effect on January 1, 2027.

Statutes affected:
Introduced, 01/27/2026: 12-27-22