ENTITLED An Act to remove an outdated cross-reference to the risk pool.

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

Section 1. That § 4-8A-17 be AMENDED.

4-8A-17. Legislative priority pilot program contingency fund created.

On June 29, 2015, the state treasurer shall transfer to the legislative priority pilot program contingency fund, which is hereby created, the sum of one million dollars ($1,000,000) from the South Dakota risk pool fund. The contingency funds are to be made available in accordance with the provisions of §§ 4-8A-9, 4-8A-10, 4-8A-11, and 4-8A-12. The contingency funds shall be used to fund legislative priority pilot programs. Interest earned on money in the fund shall be deposited into the general fund.

An Act to remove an outdated cross-reference to the risk pool.