If enacted, South Dakota would set aside $101 for economic development, with state officials approving and paying authorized expenses.
South Dakota would set aside $101 from its general fund for economic development. State officials would approve spending, and money not lawfully spent or committed would revert.
The state would receive $101 from the general fund for South Dakota’s economic development. The money would go to the state for South Dakota’s economic development. The state must approve vouchers, and the state auditor must draw warrants to pay authorized expenses. Money not lawfully spent or committed must revert under state procedures. If enacted, the Act would take effect June 30, 2026.
No hearings or votes scheduled.