This bill directs money from refinancing deals by the South Dakota Building Authority to go toward the Board of Regents' operations and projects instead of going into the general state fund. The change lets the Board of Regents keep more of the savings or revenues generated when the Building Authority refinances its debt obligations.
This bill does not directly amend codified state law.
Committee on Appropriations Tabled Passed, YEAS 9, NAYS 0. S.J. 310
Committee on Appropriations Scheduled for hearing
First read in Senate and referred to Senate Committee on Appropriations S.J. 28
Committee on Appropriations — Tabled