65E

On page 1, line 1, of the Senate Commerce and Energy Engrossed bill, after "fund" insert " and to declare an emergency"

On page 1, line 14, of the Senate Commerce and Energy Engrossed bill, after "§ 11-13-1" delete ", except that moneys appropriated for housing infrastructure must be disbursed to the authority upon passage"

On page 2, line 25, of the Senate Commerce and Energy Engrossed bill, after "applications." delete "The geographic distribution guideline is not applicable to moneys appropriated for housing infrastructure costs."

On page 3, after line 10, of the Senate Commerce and Energy Engrossed bill, insert: "

Section 5. There is hereby transferred from the general fund the sum of $150,000,000 to the South Dakota housing opportunity fund created under § 11-13-2. The moneys must be administered by the South Dakota Housing Development Authority. Other fund expenditure authority, in the sum of $150,000,000, is hereby appropriated for the purpose of providing housing loans to entities eligible under § 11-13-4. "

On page 3, after line 10, of the Senate Commerce and Energy Engrossed bill, insert: "

Section 6. The executive director of the South Dakota Housing Development Authority shall approve vouchers and the state auditor shall draw warrants to pay expenditures authorized by this Act. "

On page 3, after line 10, of the Senate Commerce and Energy Engrossed bill, insert: "

Section 7. Any amount appropriated in this Act not lawfully expended or obligated shall revert in accordance with the procedures prescribed in chapter 4-8. "

On page 3, after line 10, of the Senate Commerce and Energy Engrossed bill, insert: "

Section 8. 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."