South Dakota creates a new school construction loan fund administered by the Department of Education to help school districts build or expand school buildings. The state will make interest-free loans covering up to 40 percent of a project's cost, with loan repayments and any interest earned cycling back into the fund to support future school construction projects.
Committee on Appropriations Tabled Passed, YEAS 11, NAYS 6. J. 33
Committee on Appropriations Motion to amend J. 31
Committee on Appropriations Scheduled for hearing J. 1
Committee on Appropriations Scheduled for hearing J. 1
House of Representatives Referred to Joint Committee on Appropriations H.J. 194
First Reading House H.J. 181
Prime sponsor · Rep.
D
Cosponsors
Committee on Appropriations — Tabled