An Act to limit the amount of money that may be transferred to a candidate or campaign committee, a political action committee, or a political party by the authorized committee of a candidate for federal office.

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 with an authorized committee, as defined in 52 U.S.C. § 30101, et seq. (January 1, 2025), may not transfer more than ten thousand dollars per year, to any political committee candidate campaign committee, political action committee, or political party organized pursuant to this chapter.