An Act to make an appropriation to provide for an economic development in South Dakota the Board of Technical Education to purchase and renovate certain real property, and to declare an emergency.

Be it enacted by the Legislature of the State of South Dakota:

Section 1. There is hereby appropriated from the general fund the sum of $15,000,000 $7,500,000 to the Governor's Office of Economic DevelopmentBoard of Technical Education, for the purposes of making grants to any industrial development corporation that is going to make infrastructure improvements in industrial parks in South Dakota purchasing and making necessary renovations to the following real property:.

(1) Known as the New Tech High building: N 1/2 Lot 1 of Vocational Technical 2nd Add'n to City of Sioux Falls, Minnehaha County, South Dakota.

Section 2. The commissioner of the Governor's Office of Economic Development executive director of the Board of Technical Education shall approve vouchers and the state auditor shall draw warrants to pay expenditures authorized by this Act. No bonds will be issued for the purpose authorized by this Act.

Section 3. Any amounts appropriated in this Act not lawfully expended or obligated by June 30, 20222025, shall revert in accordance with the procedures prescribed in chapter 4-8.

Section 4. Whereas, this Act is necessary for the support of the state government and its existing public institutions, an emergency is hereby declared to exist, and this Act shall be in full force and effect from and after its passage and approval.