Senate Bill 162 signed during the 2016 Legislative Session
The board shall establish and maintain:
1. Guidelines for an effective system of internal control to be implemented by state agencies that is in accordance with internal control standards;
2. A code of conduct for use by state agencies;
3. A conflict of interest policy for use by state agencies.
The board shall create an annual work plan and report to be presented to both the Governor and to the Government Operations and Audit Committee.
The board shall meet monthly for the first twelve months, and shall meet at least quarterly thereafter. A record of the proceeding s of the board shall be kept in accordance with SDCL 1-25-3. The Bureau of Finance and Management shall provide administrative support to the board.
The board shall consist of seven members. Three members shall represent state agencies and shall be appointed by the Governor. The remaining members shall be the commissioner of the bureau of finance and management, state auditor, Board of Regents administrator’s designee, and a member appointed by the Chief Justice of the Supreme Court. Any four of seven members shall constitute a quorum. The commissioner of the bureau of finance and management shall be chair of the board.
Term of Appointment:
Members appointed by the Governor will serve three year terms. However, the initial appointments shall be for staggered terms.
SD Bureau of Finance and Management
500 East Capitol Avenue
Pierre, SD 57501
Phone: (605) 773-3411