S.D. Codified Laws § 5-27-1

Current through the 2024 Legislative Session

Section 5-27-1 - State capital construction fund established

There is hereby established within the state treasury the state capital construction fund into which shall be deposited the net proceeds to the state from the sale of on-line lottery tickets pursuant to § 42-7A-24, and such other revenues as the Legislature may designate. The fund shall be a participating fund and shall be credited for all interest earned on fund balances. Expenditures from the fund shall be made only upon approval by the Legislature.

SDCL 5-27-1

SL 1993, ch 48, § 1; SL 1996, ch 47, § 1; SL 2018, ch 124, §6.

Amended by S.L. 2018, ch. 124,s. 6, eff. 7/1/2018.