South Dakota is consolidating its insurance and securities operating funds into a single insurance operating fund and adjusting how money flows between these funds and the state's general treasury. The bill increases the cash threshold that must be kept in the insurance fund before excess money goes to the general fund from $175,000 to $200,000 each quarter. These changes streamline financial management for the Division of Insurance under the Department of Labor and Regulation.
Signed by the Governor S.J. 288
Delivered to the Governor S.J. 277
Signed by the Speaker H.J. 271
Signed by the President S.J. 241
House of Representatives Do Pass Passed, YEAS 64, NAYS 4. H.J. 240
Commerce and Energy Certified uncontested, placed on consent
Commerce and Energy Do Pass Passed, YEAS 12, NAYS 0.
Commerce and Energy Scheduled for hearing
First read in House and referred to House Commerce and Energy H.J. 185
Senate Do Pass Passed, YEAS 35, NAYS 0. S.J. 153
Commerce and Energy Certified uncontested, placed on consent
Commerce and Energy Do Pass Passed, YEAS 8, NAYS 0.
Commerce and Energy Scheduled for hearing
Senate Referred to Senate Commerce and Energy S.J. 63
First Reading Senate S.J. 14
Commerce and Energy
Prime sponsor · Sen
Do Pass
Commerce and Energy — Do Pass
Do Pass
Commerce and Energy — Do Pass