21.151.10 96th Legislative Session 348
Introduced by: Representative Deutsch
An Act to authorize the transfer of wind energy tax revenue from a school district general fund.
Be it enacted by the Legislature of the State of South Dakota:
Section 1. That § 13-16-26.2 be AMENDED.
13-16-26.2. Transfers from general fund--Prohibited--Exceptions.
provisions of § 13-16-26,
no school district may transfer any funds, exclusive of federal funds
and wind energy tax revenue that is defined in § 13-13-10.1
and apportioned pursuant to § 10-35-21,
from the general fund to the capital outlay fund, bond redemption
fund or the capital projects fund.
Catchlines are not law. (§ 2-16-13.1) Underscores indicate new language.
indicate deleted language.