The bill amends sections of the South Dakota law regarding the South Dakota-Ireland Trade Commission and its associated trade fund. It specifies the composition of the commission, which includes two members from the Senate, two from the House of Representatives, a representative from a private sector association focused on international trade, an officer from the Executive Branch, and two representatives from South Dakota private industry. The terms for these positions begin upon appointment in odd-numbered years and expire on December 31 of the following even-numbered year. Additionally, the bill clarifies that if a position becomes vacant, it must be filled in the same manner as the original appointment.

Furthermore, the bill outlines that the Executive Board of the Legislative Research Council will provide administrative services to the commission and will also administer the South Dakota-Ireland trade fund. This fund is established to cover the commission's administrative expenses and support its work, consisting of all moneys raised by or on behalf of the commission, along with any gifts, grants, or donations. The fund is continuously appropriated to the commission, ensuring that interest on the moneys remains within the fund.

Statutes affected:
Introduced, 01/29/2026: 1-57-4
Senate Commerce and Energy Engrossed, 02/05/2026: 1-57-2, 1-57-3, 1-57-4
Enrolled, 03/01/2026: 1-57-2, 1-57-3, 1-57-4