South Dakota SB12: Limit the amount of money that may be loaned to a candidate or political committee.

What the bill says

An Act ENTITLED An Act to limit the amount of money that may be loaned to a candidate or political committee.

From the enrolled text:

An Act ENTITLED An Act to limit the amount of money that may be loaned to a candidate or political committee. Be it enacted by the Legislature of the State of South Dakota: Section 1. That a NEW SECTION be added to chapter 12-27: A candidate or political committee may not accept a loan from a person if the principal of which, or any combination of the principal and contributions made by the person, exceeds the limit to the amount of money that the candidate or political committee may accept as a contribution pursuant to §§ 12-27-7 to 12-27-10, inclusive. Any loan made by a person to a candidate or political committee must be counted toward the amount that the person may contribute, as an individual or entity, to a candidate or political committee pursuant to §§ 12-27-7 to 12-27-10, inclusive. An Act to limit the amount of money that may be loaned to a candidate or political committee. I certify that the attachedActoriginated in the:SenateasBillNo.12Secretary of the SenatePresident of the SenateAttest:Secretary of the SenateSpeaker of the HouseAttest:Chief ClerkSenateBillNo.[ADDED: 12]File No.____Chapter No.______ Received at this Executive Officethis_____day of_____________,2025at____________M.Byfor the GovernorThe attached Act is herebyapproved this________day of______________, A.D., 2025GovernorSTATE OF SOUTH DAKOTA,ss.Office of the Secretary of StateFiled____________, 2025at_________o'clock__M.Secretary of StateByAsst. Secretary of State

Read the full official text

Sponsors

• Tim Reisch (R, HD-008) · primary sponsor
• Michael Rohl (R, SD-001) · primary sponsor
• Randy Deibert (R, SD-031)
• Helene Duhamel (R, SD-032)
• Eric Emery (D, HD-026)
• David Kull (R, HD-002)
• Liz Larson (D, SD-010)
• Erik Muckey (D, HD-015)
• Tim Reed (R, HD-007)
• Glen Vilhauer (R, SD-005)
• David Wheeler (R, SD-022)

Votes

• Motion to amend (February 5, 2025): 34 yea, 33 nay, passed
• Do Pass Amended (February 5, 2025): 38 yea, 29 nay, passed
• Do Pass Amended (February 3, 2025): 12 yea, 1 nay, passed
• Do Pass (January 23, 2025): 21 yea, 13 nay, passed
• Do Pass (January 22, 2025): 6 yea, 3 nay, passed

Common questions

What is SB12?

SB12 is a bill in the South Dakota Legislature (2025 Regular Session): Limit the amount of money that may be loaned to a candidate or political committee.

What does SB12 do?

In its own words: An Act ENTITLED An Act to limit the amount of money that may be loaned to a candidate or political committee.

What is the status of SB12?

Passed both chambers as of February 19, 2025.

Who sponsored SB12?

Tim Reisch (R, HD-008), with 10 co-sponsors.

Where is the official record for SB12?

On the South Dakota Legislature website: https://sdlegislature.gov/#/Session/Bill/25790