This bill clarifies how money from South Dakota's employer investment fund can be loaned or granted out for research and economic development projects. It requires the Governor's Office of Economic Development to write detailed rules covering how businesses and organizations apply for these loans and grants, how the state evaluates their economic impact, and what terms apply to the loans.
State Affairs Deferred to the 41st legislative day Passed, YEAS 5, NAYS 4. S.J. 7
State Affairs Scheduled for hearing S.J. 1
State Affairs Do Pass Amended Failed, YEAS 4, NAYS 4. S.J. 1
State Affairs Motion to amend S.J. 1
State Affairs Scheduled for hearing S.J. 1
First read in Senate and referred to Senate State Affairs S.J. 15
Prime sponsor · Rep.
R
Prime sponsor · Sen.
R
State Affairs — Deferred to the 41st legislative day
State Affairs — Do Pass Amended