This bill amends the requirements for filing campaign finance disclosure statements in South Dakota. It specifies that the treasurer of various political committees, including candidate campaign committees for statewide and legislative offices, statewide political action committees, political parties, and ballot question committees, must file a series of statements, including pre-primary and pre-general statements, annual year-end statements, and supplemental reports if applicable. The bill also allows for amendments to prior statements and establishes that a political committee can submit a termination statement at any time.

Additionally, the bill outlines the obligations of political parties that lose their qualified status, requiring them to file a termination statement by a specified deadline. It also states that if a statewide ballot question committee reports no activity, it has until the next reporting period to submit a termination statement if no activity is reported. Violations of these provisions are classified as misdemeanors, with subsequent offenses resulting in more severe penalties. The new regulations will take effect on January 1, 2027.

Statutes affected:
Introduced, 01/27/2026: 12-27-22
Senate State Affairs Engrossed, 02/04/2026: 12-27-22
Enrolled, 03/04/2026: 12-27-22