The bill modifies the administration of the South Dakota-Ireland trade fund by amending Section 1-57-4. It establishes that the fund will now be administered by the Executive Board of the Legislative Research Council instead of the Department of Agriculture and Natural Resources. The purpose of the fund remains the same, which is to defray the administrative expenses of the commission and support its work in accordance with the relevant statutes.

Additionally, the bill clarifies that the fund will consist of all moneys raised by or on behalf of the commission, along with any gifts, grants, or donations, and specifies that interest on the moneys credited to the fund must remain within it. The South Dakota-Ireland trade fund is continuously appropriated to the South Dakota-Ireland Trade Commission, ensuring ongoing financial support for its activities.

Statutes affected:
Introduced, 01/29/2026: 1-57-4