Noem Refuses Corporate Contributions, Announces Campaign Finance Reform Proposal
Noem leads by example in fight to restore integrity and transparency in SD politics
Sioux Falls, S.D. – Citing the need to restore transparency and integrity in the South Dakota electoral process, Rep. Kristi Noem today announced her campaign has not and will not accept corporate contributions nor will the campaign take funds from Political Action Committees that were established with the intent to circumvent individual contribution limits. Click to view Noem’s campaign finance agenda.
“Current campaign finance laws in South Dakota contain loopholes that could allow corporations and individuals to shatter campaign contribution limitations,” said Noem. “While reforms are needed to address these problems, I will not wait to act until the campaign finance laws catch up to what’s right. I will lead by example. And if elected as your governor, I will work with the legislature to close these loopholes. If we are going to change the culture of South Dakota politics, we need to set a standard of genuine accountability from the very beginning.”
KRISTI NOEM’S CAMPAIGN FINANCE AGENDA
Ban corporate contributions. Big money in politics often leads to bigger government, conflicts of interest and potentially scandal. I will lead from the front on this issue. While corporate contributions became legal in South Dakota in 2017, I have not and will not accept them. If elected Governor, I will push to once again prohibit corporate campaign contributions.
Limit Political Action Committee (PAC) contributions to a candidate committee. Individuals are under strict limitations as to the amount they can legally contribute to a political candidate in South Dakota. PAC contributions are currently unlimited. Moreover, there is potential for PACs to be created with the sole purpose of evading the individual contribution limits and attempting to obscure the source of campaign funds from public scrutiny. Like both individual contributions and PAC contributions to federal candidates are, PAC contributions to state candidates should be limited.
Close the loophole that allows donors to shatter individual contribution limits. Under current law, an individual can contribute $4,000 to a candidate committee each calendar year. At the same time, they can write a $10,000 check to a PAC each calendar year. There are currently no safeguards in place to ensure individuals don’t contribute $4,000 directly and then another $10,000 through a PAC that was established with the intention of circumventing South Dakota’s contribution limits.
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Um, didn’t Kristi already transfer over a million dollars in PAC money raised through her congressional committee into her governor committee? She has already accepted boatloads of PAC money and now wants to limit what her competitors can raise from PACs?
I don’t understand- Kristi used to love PACs and we were her biggest fans. My heart is broken.
Opensecrets.org shows Noem has taken over $3 million in PAC/corporate money. Yowsers! https://www.opensecrets.org/members-of-congress/pacs?cid=N00032022&cycle=CAR
Give it to charity. It’s a $110,000 dollar a year job. With social media you should have to spend over a hundred thousand dollars.
She has both a federal leadership PAC and a federal campaign committee, and has continued to raise federal and state money since the 2016 election. Oddly, she didn’t call for a ban on federal campaign committees donated to state campaign committees – another huge loophole.
Quite the contrary. I believe mickelson was trying to keep the IM 22 language that banned the transfer of federal campaign cash to state committees last session so it’s the same as it is for state candidates going to federal office.
But im told her attorney kept having legislators poll that language. He’s Noem’s attorney so it’s not like it’s a totally honest move on her campaigns part to act like they are for closing all loopholes.
I’m sure mickelson or someone has the full details.
The transfer of $2 million dollars from a federal account to a state account is exactly why she announced when she did. It was to skirt the new law before it too effect.
Does she support the transfer of federal money now?
Yes. Ban federal money transfers to state accounts. Marty should make transferring out of state dark money from a federal campaign accounts illega in responsel. Just no bones about it make it a public statement.
That’s a good thing for the legislature to bring up this session and raise awareness. We can call it the Noem rule.
No more buying state offices with out of state federal Pac money.
https://www.opensecrets.org/members-of-congress/pacs?cid=N00032022&cycle=CAR go figure.
Hahahaha this is literally Amendment W
Anonymous hit the nail on the head. She should ban the conversion of congressional campaign funds to state races. It could easily be argued that she duped those PACs, campaign committees and individuals who donated to her congressional re-election when she pocketed their money for a governor race instead. If she’s serious about leading by example she would return that federal re-election money to donors and apologize for misappropriating it.
Mickelson tried last session but Noem’s attorney got it pulled.
Does she really think we are stupid? This press release is insulting. Noem is the PAC Queen.
Yes, she does think voters are stupid.
Maybe Kristi should quit using our hard-earned tax dollars to travel all over the state campaigning. She refuses to release her travel records, yet she now talks about transparency- she can start by releasing her travel records.
We look forward to the return of the DC corporate Pac money. What a joke.
I believe that Federal campaign monies no longer can be transferred to state campaign accounts. That law was passed in 2016. Her campaign funds were transferred prior to the law taking affect.
Not exactly. IM22 made it illegal, so Kristi announced her candidacy earlier than she wanted to, before IM22 took effect, so she could transfer the money before the law took effect. It turned out that IM22 was enjoined in December and repealed the next session, so she actually could have waited. But she didn’t want to take the risk.
As of today, there is no prohibition on flipping federal candidate committee money into a state committee. That is why Kristi has continued to raise money for her federal campaign committee.
Lol. I’ll be waiting for a campaign finance report as detailed as Billie Sutton’s then. Annyy minute now.
Limits on campaign contributions are a violation of the right to free speech. I know that the SCOTUS has ruled otherwise, but its justices were wrong then just as they have been wrong on many other issues.
Marty must have raised more money than Kristi.
I was thinking the exact same thing. If that is true and she knows he raised 98% from in state and she raised 50% or less from in state that’s a big problem and exactly why she is attacking him.
When do we see a poll?
Try to keep it on topic, please. some people are starting to go down rabbit holes.