SB 73 updates South Dakota's financial record-keeping and transparency rules by requiring state agencies to file consulting contracts with the state auditor within five days and clarifying what counts as a "consulting contract" for reporting purposes. The bill also revises how long agencies must keep financial records—requiring original claims, invoices, and vouchers to be kept for at least seven years—and strengthens the state's searchable public records website by clarifying which agencies must jointly manage it.
The amendment clarifies and tightens state financial transparency and record-keeping requirements by reorganizing consulting contract filing procedures, specifying which financial records must be retained for seven years, shortening the timeline for posting contracts online from "at least" to "within" sixty days, and revising mileage reimbursement calculations to round rates up to the nearest penny rather than selecting the greater of two amounts. These changes STRENGTHEN the bill's oversight of state spending and financial practices by making deadlines more precise and adding standardized rounding rules.
The amendment cleans up technical drafting across multiple state financial provisions—removing outdated references (like the 1980 accounting manual definition), simplifying language (changing "shall" to "must"), and narrowing the website posting requirement to only state records rather than municipalities and counties—without fundamentally altering the bill's core purpose of revising state financial practices.
Signed by the Governor S.J. 420
Delivered to the Governor S.J. 370
Signed by the Speaker H.J. 417
Signed by the President S.J. 346
House of Representatives Do Pass Amended Passed, YEAS 65, NAYS 1. H.J. 367
Committee on Appropriations Certified uncontested, placed on consent
Committee on Appropriations Do Pass Passed, YEAS 9, NAYS 0.
Committee on Appropriations Scheduled for hearing
First read in House and referred to House Committee on Appropriations H.J. 294
Senate Do Pass Amended Passed, YEAS 34, NAYS 0. S.J. 233
Committee on Appropriations Certified uncontested, placed on consent S.J. 2
Committee on Appropriations Do Pass Amended Passed, YEAS 8, NAYS 0. S.J. 2
Committee on Appropriations Motion to amend S.J. 2
Committee on Appropriations Scheduled for hearing S.J. 1
First read in Senate and referred to Senate Committee on Appropriations S.J. 11
Do Pass Amended
Committee on Appropriations — Do Pass
Do Pass Amended
Committee on Appropriations — Do Pass Amended