This bill appropriates $87,000,000 in federal funds to the Governor's Office of Economic Development for the purpose of providing grants aimed at expanding broadband infrastructure in South Dakota. The funding is to be utilized in accordance with federal guidelines as part of the Broadband Equity, Access, and Deployment program. Additionally, the bill outlines that the commissioner of the Governor's Office of Economic Development will be responsible for approving vouchers, while the state auditor will draw warrants to facilitate the authorized expenditures.

Furthermore, the bill stipulates that any unspent or unobligated funds appropriated will revert according to established procedures. It also declares an emergency, indicating that the Act is essential for the support of state government and its public institutions, and thus it will take effect immediately upon passage and approval.