Maddy summaryThis bill proposes to decrease the portion of unclaimed property funds that must be deposited into South Dakota's general fund. It directly affects the state's financial management of unclaimed assets by altering how much revenue is transferred to the general fund. The key mechanism involves reducing the net receipts from unclaimed property that are required for general fund allocation. This change would result in less unclaimed property revenue being available for general state operations while potentially increasing funds retained elsewhere.
Rep. Chris Kassin
Sponsored bills
Maddy summaryThis bill proposes a constitutional amendment to create a state trust fund for unclaimed property in South Dakota. It would establish a legal framework for collecting and managing abandoned assets such as uncashed checks, forgotten bank accounts, and unclaimed securities. The amendment would require the state to maintain this fund and potentially use it for public purposes as defined by future legislation. This change directly affects the state's financial management system and property owners who may have forgotten assets in the state.
Maddy summaryThe bill directs the Department of Revenue to allocate funds to county rural access infrastructure funds, supporting infrastructure projects in rural areas. It includes a declaration of emergency to expedite the funding process. This measure directly impacts counties in South Dakota that receive financial support for rural infrastructure development.
Maddy summaryHB 1044 authorizes the use of a newborn safety device, commonly known as a baby box, to allow parents to voluntarily surrender their newborn infants safely. The bill permits hospitals and other facilities to operate these devices and provides a legal framework for the surrender process without requiring parental identification. It also includes clarifying changes to existing laws to ensure the procedure is properly documented and handled by medical professionals. This measure aims to provide a safe alternative for parents who cannot care for their newborns while protecting the child's well-being.
Maddy summaryHB 1063 updates the rules for creating fiscal notes on ballot questions in South Dakota, directly affecting the state's legislative and administrative processes. The bill modifies how costs and impacts of proposed ballot measures are calculated and presented to voters. Key provisions include changes to the methodology used by state officials to estimate financial effects of ballot initiatives. This revision aims to improve transparency and accuracy in fiscal documentation for public voting decisions.
Maddy summaryHB 1056 prohibits the preparation, sale, and distribution of certain kratom products in South Dakota. The bill directly affects businesses and individuals involved in the kratom market by making these activities illegal. It establishes penalties for violations of the new restrictions. The legislation aims to regulate access to kratom by banning its commercial availability.
Maddy summaryHB 1108 establishes a new contingency fund specifically for McCook Lake and authorizes the transfer of existing state money into this fund. The bill directly affects the state's financial management by creating a dedicated account for this particular lake. This measure does not change how the lake is managed or operated, but rather sets up a separate financial reserve for future use.