158aa

    On page 3, line 20, of the printed bill, delete "fifteen million dollars" and insert "one percent of the general fund appropriations in the general appropriations act for the previous fiscal year".

    On page 3, line 22, delete "fifteen million dollars" and insert "one percent of the general fund appropriations in the general appropriations act for the previous year".

    On page 4, after line 1, insert

"    Section 4. That chapter 4-7 be amended by adding thereto a NEW SECTION to read as follows:

    If the combined balance in the building South Dakota fund pursuant to section 3 of this Act is less than one half percent of the general fund appropriations in the general appropriations act for the previous fiscal year, the commissioner shall transfer an amount of money from the property tax reduction fund to the building South Dakota fund so that the total of the amount deposited pursuant to this section and section 3 of this Act does not exceed one half percent of the general fund appropriations in the general appropriations act for the previous fiscal year. However, if the collective cash balance of the budget reserve fund and the property tax reduction fund at the end of the prior fiscal year is less than ten percent of the general fund appropriations from the general appropriations act for the prior year, no transfer may be made to the building South Dakota fund pursuant to this section.".