South Dakota must maintain a combined balance of at least 10 percent of next year's general fund spending in its two main savings accounts (the budget reserve fund and general revenue replacement fund). If the combined balance falls below this 10 percent threshold, the state will automatically transfer one-third of the shortfall amount each year from the general fund over three years until the savings accounts reach the required level.
Signed by the Governor H.J. 554
Delivered to the Governor H.J. 492
Signed by the President S.J. 474
Signed by the Speaker H.J. 470
Senate Do Pass Passed, YEAS 31, NAYS 4. S.J. 436
Committee on Appropriations Do Pass Passed, YEAS 9, NAYS 0.
Committee on Appropriations Scheduled for hearing S.J. 1
Senate Referred to Senate Committee on Appropriations S.J. 395
First Reading Senate S.J. 370
House of Representatives Do Pass Passed, YEAS 53, NAYS 17. H.J. 375
Committee on Appropriations Do Pass Passed, YEAS 8, NAYS 0.
Committee on Appropriations Scheduled for hearing H.J. 1
Committee on Appropriations Scheduled for hearing
Committee on Appropriations Scheduled for hearing H.J. 1
Committee on Appropriations Scheduled for hearing
First read in House and referred to House Committee on Appropriations H.J. 11
Do Pass
Committee on Appropriations — Do Pass
Do Pass
Committee on Appropriations — Do Pass