SB185

Dead

amend the process by which moneys are distributed from the employer's investment in South Dakota's future fund.

Liz Larson

Senate Bill·Introduced Jan 29, 2026·Last action Feb 6, 2026

Business RegulationHigher EducationLabor & Employment

Official Page

IntroducedIntro

In CommitteeCmte

Passed OriginPassed

CrossoverCross

At GovernorGov

DeadDead

South Dakota's "Employer's Investment in South Dakota's Future Fund" will now have a clearer process for how money gets distributed, with the Governor's Office of Economic Development handling awards for research and economic development projects. The bill specifically defines which projects qualify for funding, including research for key industries, scholarships for career-focused programs at state colleges and technical schools, workforce training, and economic infrastructure development.

AI-generated summary

Economic developmentBill would incentivize (relevance: 90%)Workforce developmentBill would expand (relevance: 70%)Student financial aidBill would expand (relevance: 60%)Higher education fundingBill would increase (relevance: 60%)

Changes to Existing Law

3 sections affected2573 words added

View full diff

§ 61-5new § 61-5-29.1amended § 61-5-29.3amended

History (2)

Feb 6, 2026S
Senate Withdrawn at the Request of the Prime Sponsor S.J. 212
Jan 29, 2026S
First read in Senate and referred to Senate State Affairs S.J. 141

Sponsors (1)

Liz Larson

Prime sponsor · Sen.