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SB142

Changes to Campaign Finance Reporting Rules

Last scannedAug 25, 2026, 3:29 AM

In one sentence

This law updates the rules for when and how specific political groups in South Dakota must file financial reports with the secretary of state.

What it does

  • Requires treasurers of listed committees to file pre-primary, pre-general, annual year-end statements, supplemental reports if applicable, and amendments to correct past information.
  • Sets rules for filing termination statements when a committee stops operating or loses qualified party status.
  • Defines penalties as Class 2 misdemeanors for first offenses and Class 1 misdemeanors for repeat offenses within a calendar year.

Who it affects

  • Treasurers of candidate committees running for statewide offices.
  • Treasurers of candidate committees running for legislative or county offices with recognized political parties.
  • Statewide political action committees and statewide political parties.
  • County political parties and auxiliary organizations.
  • Statewide ballot question committees.

Limits and unknowns

  • The law takes effect on January 1, 2027.
  • Details about the content of supplemental reports are found in a different section of the code (§ 12-27-28) and are not described here.

Plain language

Terms to know

Campaign finance disclosure statement
A report filed with the secretary of state by a treasurer listing financial information for specific time periods or events.
Termination statement
A final filing submitted when a committee stops activities, loses qualified party status, or has no activity to report in consecutive reporting periods.

Official record

Sources

Source attached

Official summary

amend the requirements for filing certain campaign finance disclosure statements.

Official activity

Bill history

  1. Signed by the Governor