SB 204 increases the maximum loan amount from the South Dakota housing infrastructure fund from one-third to one-half of a housing infrastructure project's total cost, making it easier for communities to finance water, sewer, and road improvements that support new housing. The bill also clarifies that land acquisition and site preparation work qualify as eligible public infrastructure expenses under the fund.
Signed by the Governor S.J. 549
Delivered to the Governor S.J. 520
Signed by the Speaker H.J. 553
Signed by the President S.J. 505
House of Representatives Do Pass Amended Passed, YEAS 42, NAYS 25. H.J. 528
State Affairs Do Pass Passed, YEAS 8, NAYS 5.
State Affairs Scheduled for hearing H.J. 1
House of Representatives Referred to House State Affairs H.J. 446
First Reading House H.J. 423
Senate Do Pass Amended Passed, YEAS 20, NAYS 13. S.J. 361
Commerce and Energy Do Pass Amended Passed, YEAS 7, NAYS 1.
Commerce and Energy Motion to amend
Commerce and Energy Scheduled for hearing
First read in Senate and referred to Senate Commerce and Energy S.J. 160
Prime sponsor · Sen.
R
Prime sponsor · Rep.
R
Do Pass Amended
State Affairs — Do Pass
Do Pass Amended
Commerce and Energy — Do Pass Amended