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