This bill revises the General Appropriations Act for fiscal year 2025, making significant adjustments to the operating expenses across various state departments and agencies in South Dakota. Key changes include a reduction in the Coronavirus Stimulus Pool from $30 million to $3 million, while increasing funding for employee compensation pools and various operational expenses in departments such as Human Resources, Information and Telecommunications, and Social Services. Notably, the Department of Social Services sees a decrease in General Funds for Economic Assistance and Medical Services, while Federal Funds for these services are increased.
Additionally, the bill introduces new provisions for transferring funds, including a $5 million transfer to the IT Modernization Fund and a $22.8 million transfer to the Unclaimed Property Trust Fund from the state general fund. It allows for unspent funds appropriated by this Act to be carried over into the next fiscal year, ensuring that resources are available for ongoing needs. The bill is set to take effect on June 30, 2025, and includes adjustments to various funding allocations across multiple departments, reflecting the state's budgetary priorities for the upcoming fiscal year.