An Act to keep interest earned on incarceration construction fund moneys in the same fund.
Be it enacted by the Legislature of the State of South Dakota:
Section 1. That § 1-15-37 be AMENDED:
1-15-37.
There is hereby
established in the state treasury the incarceration construction
fund. Expenditures out of the fund must only be by special
appropriation of the Legislature and must be used for the capital
construction or improvement of incarceration facilities located in
South Dakota. No moneys shall be appropriated or expended from the
fund until such a time as a legislative task force provides a report
to the Legislature regarding incarceration and corrections within the
State. Interest earned on moneys
in the fund
must be deposited into the general fund.
must remain in the fund.
Underscores indicate new language.
Overstrikes
indicate deleted language.