Bill > HB1189

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.

Budget and Finance

https://sdlegislature.gov/#/Session/Bill/25560