Bill

Bill > HB1189


SD HB1189

Extend by two years the date on which moneys appropriated to the Governor's Office of Economic Development in 2021 for marketing, route restoration, business development, and air service marketing will revert to the general fund.


summary

Introduced
01/30/2025
In Committee
02/24/2025
Crossed Over
02/13/2025
Passed
02/25/2025
Dead
Signed/Enacted/Adopted
03/06/2025

Introduced Session

2025 Regular Session

Bill Summary

AN ACT ENTITLED An Act to extend by two years the date on which moneys appropriated to the Governor's Office of Economic Development in 2021 for marketing, route restoration, business development, and air service marketing will revert to the general fund.

AI Summary

This bill extends the date by which certain funds appropriated to the Governor's Office of Economic Development in 2021 must be returned to the state's general fund. Specifically, the bill changes the reversion date from the original June 30, 2025 to June 30, 2027, giving the office two additional years to spend or obligate the funds originally allocated for marketing, route restoration, business development, and air service marketing. This type of legislative action allows government agencies more flexibility in using appropriated funds by providing extra time to complete planned initiatives or projects that may have been delayed or require more time for implementation. The extension ensures that these specific funds do not automatically return to the general fund after the initial time period, but instead remain available for the intended economic development purposes for a longer duration.

Committee Categories

Budget and Finance

Sponsors (7)

Last Action

Signed by the Governor on March 06, 2025 H.J. 475 (on 03/06/2025)

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