The state water board may use the fund to help pay for rural water projects, with grants and loans limited to part of construction costs.
The state water board may offer grants and loans for rural water projects. Grants can cover up to 10% of estimated construction costs, and loans up to 50%.
The state treasurer must move $3 million from the general fund into the water infrastructure fund.
The Board of Water and Natural Resources may give grants and loans for rural water projects. The money must support construction, planning, and development of rural water projects in South Dakota. The board must set rules for choosing projects and for grant and loan terms.
The state treasurer must transfer $3 million from the general fund into the water infrastructure fund. The transfer goes to the water infrastructure development fund.
No hearings or votes scheduled.