SB102Enacted
modify the distribution of gaming revenues.
This bill modifies how South Dakota divides gaming tax revenues by specifying that 40% goes to tourism promotion and 10% goes to Lawrence County, while requiring $100,000 annually to fund historical preservation grants and loans. The remaining funds after these allocations and administrative expenses are distributed to municipalities on a quarterly basis. This change clarifies and potentially redirects gaming revenue away from other uses toward tourism, Lawrence County, and historical preservation.