State of South Dakota
LEGISLATIVE ASSEMBLY, 2015
||SENATE BILL NO. 4 |
Introduced by: Senators Peterson (Jim), Frerichs, and Sutton and Representatives Cronin and Bartling at the request of the Agricultural Land Assessment Implementation and Oversight Advisory Task Force
FOR AN ACT ENTITLED, An Act to make an appropriation for research concerning the administrative and financial impact of actual use on agricultural land assessments and to declare an emergency.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF SOUTH DAKOTA:
Section 1. There is hereby appropriated from the general fund the sum of one hundred fifty-one thousand dollars ($151,000), or so much thereof as may be necessary, to South Dakota State University Department of Economics for the purpose of conducting research concerning the assessment and taxation of agricultural land based on actual use.
Section 2. The president of South Dakota State University shall approve vouchers and the state auditor shall draw warrants to pay expenditures authorized by this Act.
Section 3. Any amounts appropriated in this Act not lawfully expended or obligated by June 30, 2016, shall revert in accordance with § 4-8-21.
Section 4. Whereas, this Act is necessary for the support of the state government and its existing public institutions, an emergency is hereby declared to exist, and this Act shall be in
full force and effect from and after its passage and approval.