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South Dakota House Bill 1166 requires state board members to file annual financial interest disclosures

Original title: require financial interest statements from members of certain state authorities, boards, and commissions, and to provide a penalty therefor.

Last action · January 28, 2026: Withdrawn at the Request of the Prime SponsorSponsors: Erik Muckey and 3 others

Introduced
Committee
Floor Vote
Passed
Law

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What This Bill Proposed

House Bill 1166 requires members and nominees of certain state authorities, boards, and commissions to file annual financial interest disclosures with the secretary of state, and establishes penalties for noncompliance. The measure mandates disclosure of income sources exceeding two thousand dollars, business ownership over ten percent, leadership roles in organizations, state contracts, and high-value real estate holdings.

Why it matters

State board and commission members face mandatory voting suspensions, misdemeanor charges for false filings, and potential removal by the Governor if they fail to meet new financial transparency and meeting-recusal requirements.

Who It Would Have Affected

Groups the bill's text would have affected, as described in the record. Being affected is not a position for or against it.

Directly affected

Members of state authorities, boards, and commissions

Must file annual financial disclosures, submit to meeting recusal rules, face voting suspensions for late filings, and risk misdemeanor charges for false statements.

Directly affected

Nominees for state authorities, boards, and commissions

Must submit financial disclosure information to the Office of the Governor and the applicable board before confirmation.

Directly affected

Secretary of State

Must collect annual financial interest statements, track filing compliance, notify the attorney general of late filings, and report annually to the legislative audit committee.

Key Facts

You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.

Frequently Asked Questions

What information must board members disclose under the bill?
Members must disclose family income sources over $2,000, business or stock ownership over 10%, board or officer positions in organizations, state or local business contracts, and real estate holdings generating over $10,000 in annual income.
What happens if a board member misses the filing deadline?
The member is suspended from voting on any matter before the board until the statement is filed, and the secretary of state must notify the attorney general and board chair within seven days.
What are the penalties for filing a false financial statement?
A member who knowingly files a false or materially incomplete statement is guilty of a and may be removed from office by the Governor.

What else do you want to know?

News Coverage

No news coverage found yet. Articles are indexed twice daily.

Where This Stands

This bill did not become law - Withdrawn.

Procedural history

2 actions
  1. Jan 28, 2026House
    Withdrawn at the Request of the Prime Sponsor
  2. Jan 28, 2026HouseIntroduced
    First read in House and referred to

Version history

Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.

View official text →

Lobbying Activity

No state lobbying filings in our records match this bill. Federal lobbying reports (LDA) cover Congress, so they are not listed on state bills.

Full breakdown

Who this bill affects and the strongest case for and against it, written only from the bill’s own text.

Sponsors

Connected Entities

Secretary of State, Office of the Governor, Attorney General and 1 more
OrganizationSecretary of State“Receives annual financial interest statements and transmits them to the Governme”Map →
OrganizationOffice of the Governor“Receives pre-appointment financial disclosures and holds removal authority for n”Map →
OrganizationAttorney General“Notified by the Secretary of State of any failure to file statements within seve”Map →
OrganizationGovernment Operations and Audit Committee“Receives transmitted financial statements and annual compliance reports.”Map →

Sources

Open source document

sdlegislature.gov

Analysis Score

0–100
  • Significance20
    Lowered because this bill did not pass (its text scored 65)
  • Controversy40
    Intensity of disagreement among stakeholders
  • Entertainment10
    Compellingness for a non-policy-wonk reader
  • Buzz25
    Current news / social attention level

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