House OKs requiring state property-leases oversight
PIERRE, S.D. (KELO) — Lawmakers would have to agree with some long-term property leases that state government enters in the future under a proposal that has received final approval from the South Dakota Legislature.
The House of Representatives voted 70-0 on Wednesday for Senate Bill 145. The Senate had previously passed it 35-0. The next stop is Gov. Larry Rhoden's desk.
House Bill 1052 on CO2 pipelines passed. Now what?
The legislation comes amid some lawmakers' concern about long-term leases approved during the administration of former Gov. Kristi Noem, such as the One Stop centers in Sioux Falls, Rapid City and several other communities.
Republican Rep. Marty Overweg was the only House member to speak on the bill Wednesday. He was the lead House sponsor for SB 145. The prime sponsor is Republican Sen. Chris Karr.
It adds a section to state law that affects a limited group of proposed real property leases by state government in the future.
The bill states the legislative authorization must be in the form of a concurrent resolution, adopted by both chambers of the Legislature.
The conditions when legislative authorization would be required are that the initial term of the lease exceeds a commitment of 15 years, and the base rent due during the initial term either exceeds $5 million in total for the rental payments due during the term of the lease, or the base rent exceeds $50,000 per month during the term of the lease.
The affects those future leases which the state Bureau of Human Resources and Administrations seeks to enter after July 1, 2025. In that respect, it has no effect on any of the One Stop leases.
Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
39 minutes ago
- Yahoo
Letter: Democrats should be careful about hyping election wins
The other day I saw several articles extolling the results of a special election for South Carolina's 50th House District in which a young Democratic candidate beat his Republican opponent by a 70% to 30% margin in heavily Republican South Carolina. Since this result appeared several times in my scrolling, I decided to find more information regarding this potential watershed event, perhaps heralding the beginning of a Democratic comeback from the wilderness. I found out that the 50th District has voted Democratic forever, and the previous holder of that seat ran unopposed on occasion. The last time he had a Republican opponent, he won by 20 percentage points. Furthermore, in the Democratic primary for this seat this year, the winning candidate won his place on the ballot by a mere seven votes in an election that required a recount to confirm his win. Winning candidate Keishan Scott, is a 24-year-old town council member and will be the youngest member of the South Carolina Legislature. He is Black, and his Republican opponent is white. The district population is about 90% Black and 10% white and Hispanic, so Scott's victory is not quite a watershed event. A whopping 14% of eligible voters took part in this special election, and Scott received 2,572 votes. The Democrats are desperate for good news, but hyping this 'victory' is more pathetic than uplifting. Robert Brems Wyomissing
Yahoo
40 minutes ago
- Yahoo
Coinbase adds former top Obama and Harris adviser Plouffe as it broadens its political reach
WASHINGTON (AP) — A senior adviser to Kamala Harris' 2024 presidential campaign is joining Coinbase's global advisory council, which already includes several former U.S. senators and Donald Trump's ex-campaign manager, as the cryptocurrency exchange broadens its political reach. David Plouffe, a top Democratic strategist best known as an architect of Barack Obama's successful 2008 presidential campaign, is the latest addition to the council, joining as the cryptocurrency industry plays an increasingly prominent role in shaping fast-moving legislation in Congress. The legislation aims to create a comprehensive framework for the regulation of digital assets and comes amid a shift in Washington. President Trump, a Republican, has pledged to make the U.S. the global capital of cryptocurrency, contrasting with what industry leaders viewed as a stifling regulatory approach under the previous Democratic administration. Trump and his family have also been aggressively expanding their personal business into almost every part of the cryptocurrency ecosystem, including raising billions of dollars to buy bitcoin, creating a new stablecoin and launching and promoting a Trump-themed meme coin. Chris LaCivita, the former co-campaign manager of Trump's successful 2024 presidential bid, joined Coinbase's advisory council in January. Former U.S. Sen. Kyrsten Sinema, a Democrat-turned-independent from Arizona, also joined the council, which consists of a number of other high-profile figures from both major political parties. Plouffe previously served on the global advisory board for Binance, the world's largest cryptocurrency exchange, before joining Harris' presidential campaign as a senior adviser in August. Faryar Shirzad, Coinbase's chief policy officer, described the role of the advisers as being a 'sound board' to discuss policy efforts and business strategy. In Congress, legislation is advancing far more quickly than usual for a new industry — a pace that some involved in shaping the bills say comes amid an all-out pressure campaign from the cryptocurrency sector. On Wednesday, a group of Democrats joined the Republican majority to advance legislation regulating stablecoins, a type of cryptocurrency typically pegged to the U.S. dollar. Final passage through the Senate could come next week. Meanwhile, a more sweeping bill to implement cryptocurrency market structure has begun moving through House committees.
Associated Press
43 minutes ago
- Associated Press
Coinbase adds former top Obama and Harris adviser Plouffe as it broadens its political reach
WASHINGTON (AP) — A senior adviser to Kamala Harris' 2024 presidential campaign is joining Coinbase's global advisory council, which already includes several former U.S. senators and Donald Trump's ex-campaign manager, as the cryptocurrency exchange broadens its political reach. David Plouffe, a top Democratic strategist best known as an architect of Barack Obama's successful 2008 presidential campaign, is the latest addition to the council, joining as the cryptocurrency industry plays an increasingly prominent role in shaping fast-moving legislation in Congress. The legislation aims to create a comprehensive framework for the regulation of digital assets and comes amid a shift in Washington. President Trump, a Republican, has pledged to make the U.S. the global capital of cryptocurrency, contrasting with what industry leaders viewed as a stifling regulatory approach under the previous Democratic administration. Trump and his family have also been aggressively expanding their personal business into almost every part of the cryptocurrency ecosystem, including raising billions of dollars to buy bitcoin, creating a new stablecoin and launching and promoting a Trump-themed meme coin. Chris LaCivita, the former co-campaign manager of Trump's successful 2024 presidential bid, joined Coinbase's advisory council in January. Former U.S. Sen. Kyrsten Sinema, a Democrat-turned-independent from Arizona, also joined the council, which consists of a number of other high-profile figures from both major political parties. Plouffe previously served on the global advisory board for Binance, the world's largest cryptocurrency exchange, before joining Harris' presidential campaign as a senior adviser in August. Faryar Shirzad, Coinbase's chief policy officer, described the role of the advisers as being a 'sound board' to discuss policy efforts and business strategy. In Congress, legislation is advancing far more quickly than usual for a new industry — a pace that some involved in shaping the bills say comes amid an all-out pressure campaign from the cryptocurrency sector. On Wednesday, a group of Democrats joined the Republican majority to advance legislation regulating stablecoins, a type of cryptocurrency typically pegged to the U.S. dollar. Final passage through the Senate could come next week. Meanwhile, a more sweeping bill to implement cryptocurrency market structure has begun moving through House committees.
