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SD HB1221
Bill
Status
1/29/2026
Primary Sponsor
Karla Lems
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AI Summary
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Former employees of the Governor's Office of Economic Development are prohibited for 5 years after leaving from accepting employment, compensation, or contracts with any entity that received financial assistance from the office during their tenure
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The restriction covers recipients of grants, loans, or other financial assistance administered by the Governor's Office of Economic Development
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The restriction also applies to entities that received funds from the employer's investment in South Dakota's future fund (established under § 61-5-29.1)
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Violations constitute a Class 1 misdemeanor
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The new section is added to chapter 1-16G, notwithstanding existing provisions in § 53-9-8
Legislative Description
Establish a post-employment restriction for employees of the Governor's Office of Economic Development and create a penalty therefor.
State Affairs and Government
Last Action
State Affairs Tabled, Passed, YEAS 11, NAYS 1.
2/11/2026