ENTITLED An Act to amend the requirements for filing certain campaign finance disclosure statements.

Be it enacted by the Legislature of the State of South Dakota:

Section 1. That § 12-27-22 be AMENDED:

12-27-22. The treasurer of a political committee listed below shall file the following campaign finance disclosure statements with the secretary of state:

(1) For a candidate or candidate campaign committee for any statewide office:

(a) A pre-primary statement;

(b) A pre-general statement;

(c) An annual year-end statement;

(d) A supplemental report as provided in § 12-27-28, if applicable; and

(e) If applicable, amendments to any information provided on a prior statement;

(2) For a candidate or candidate campaign committee for a legislative or county office with a recognized political party:

(a) A pre-primary statement;

(b) A pre-general statement;

(c) An annual year-end statement;

(d) A supplemental report as provided in § 12-27-28, if applicable; and

(e) If applicable, amendments to any information provided on a prior statement;

(3) For a statewide political action committee:

(a) A pre-primary statement;

(b) A pre-general statement;

(c) An annual year-end statement;

(d) A supplemental report as provided in § 12-27-28, if applicable; and

(e) If applicable, amendments to any information provided on a prior statement;

(4) For a statewide political party:

(a) A pre-primary statement;

(b) A pre-general statement;

(c) An annual year-end statement;

(d) A supplemental report as provided in § 12-27-28, if applicable; and

(e) If applicable, amendments to any information provided on a prior statement;

(5) For a county political party and auxiliary organization:

(a) A pre-primary statement;

(b) A pre-general statement;

(c) An annual year-end statement;

(d) A supplemental report as provided in § 12-27-28, if applicable; and

(e) If applicable, amendments to any information provided on a prior statement; and

(6) For a statewide ballot question committee:

(a) A pre-primary statement;

(b) A pre-general statement;

(c) An annual year-end statement;

(d) A supplemental report as provided in § 12-27-28, if applicable; and

(e) If applicable, amendments to any information provided on a prior statement.

The treasurer of a political committee listed in this section may submit a termination statement at any time.

If a political party loses the status of a qualified party, the party must file a termination statement by five p.m. central time on the last Friday in January following the calendar year in which the qualified party status was lost. If a statewide ballot question committee does not list any activity on the next required campaign finance statement submitted to the secretary of state, that committee has until the next reporting period to report activity. If that committee does not have any activity to report by the next reporting period, the committee must submit a termination statement by that reporting period deadline.

A violation of this section is a Class 2 misdemeanor. A subsequent offense within a calendar year is a Class 1 misdemeanor.

Section 2. This Act is effective beginning January 1, 2027.

An Act to amend the requirements for filing certain campaign finance disclosure statements.