166A 95th Legislative Session 672
AMENDMENT 166A FOR THE INTRODUCED BILL
Introduced by: Senator Novstrup
An Act to
provide a transfer
of funds for
critical teaching needs scholarships
the postsecondary scholarship grant fund and to declare an emergency.
Be it enacted by the Legislature of the State of South Dakota:
Section 1.
On
July 1, 2020, the The
state treasurer shall transfer from the general fund the sum of one
million one hundred twenty-five thousand dollars ($1,125,000) to the
education enhancement trust fund. The earnings attributable to the
amount transferred must be used to increase funds available for the
issuance of
critical teaching needs scholarships
the postsecondary scholarship grant fund, in accordance with chapter
13-55.
Section 2. 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.
Catchlines are not law. (§ 2-16-13.1) Underscores indicate new language.
Overstrikes
indicate deleted language.