An Act to make an appropriation to the Board of Regents to provide grant funding for a new biomedical facility at the research park in Sioux Falls, 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 to the Board of Regents, for the purpose of providing grant funding for the design and construction of a new biomedical innovation facility on the grounds of the USD Discovery District research park in Sioux Falls.

Section 2. The executive director of the Board of Regents shall approve vouchers and the state auditor shall draw warrants to pay expenditures authorized by this Act.

Section 3.Any amounts appropriated in this Act not lawfully expended or obligated 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.