An Act to remove an outdated cross-reference to the risk pool.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
created by § 58-17-120.
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.
Signed February 22, 2021
