This bill proposes an appropriation of $100 from the general fund to support economic development initiatives in South Dakota. It outlines the process for the approval of vouchers and the drawing of warrants by the state auditor to facilitate the authorized expenditures related to this appropriation.
Additionally, the bill stipulates that any funds appropriated that are not lawfully expended or obligated will revert according to the procedures established in chapter 4-8. The Act is set to take effect on June 29, 2025.