___________________ moved that SB 77 be amended as follows:
Section 2. Terms used in this Act mean:
Section 4. To be eligible for a Dakota Tech scholarship a person shall:
Section 7. If a person has been awarded a Dakota Tech scholarship, the administrator shall pay
the postsecondary technical institute at which the person is enrolled the amount of five thousand
dollars, to be deducted from the person 's tuition and fees over the duration of the person's course
of study. The amount of the scholarship constitutes a obligation owed by the person to the
administrator, which may be discharged as provided in sections 8 to 11, inclusive, of this Act.
Section 8. A person who has received a Dakota Tech scholarship is not required to repay any part
of the scholarship if within six months of earning an eligible technical degree the person begins
employment and is continuously employed in South Dakota for a period of forty-eight consecutive
months in an area of critical need. A course of study and corresponding employment or occupation
that was deemed an area of critical need at the time of the person's scholarship award remains an area
of critical need for the duration of the person's course of study and for the forty-eight month
employment period for purposes of determining any repayment obligation that the person may incur.
Section 9. If a person who has received a Dakota Tech scholarship does not maintain eligibility
as specified in section 5 of this Act, the person shall reimburse the administrator the amount of the
scholarship paid on behalf of the person, according to a repayment schedule set by GOED in rules
promulgated pursuant to chapter 1-26.
Section 10. If a person who has received a Dakota Tech scholarship does not meet the
requirement in section 8 of this Act, the person shall reimburse the administrator the amount of the
scholarship paid on behalf of the person, according to a repayment schedule set by GOED in rules
promulgated pursuant to chapter 1-26. The amount of repayment shall be based on the ratio of
forty-eight months minus the number of months a person was continuously employed in an area of
critical need to forty-eight months.
Section 11. If a person who has received a Dakota Tech scholarship is unable to maintain
eligibility or remain employed in an area of critical need for forty-eight consecutive months due to
factors outside the control of the person, the administrator may waive or delay the eligibility or
repayment provisions of this Act.
Section 12. A person who has received a Dakota Tech scholarship shall annually report to the
administrator the person's academic and occupational status on forms prescribed by the
administrator.
Section 13. The Dakota Tech scholarship fund is hereby established as a separate fund in the state treasury to be administered by the Governor's Office of Economic Development. Money in the fund shall be used to implement the Dakota Tech scholarship program established pursuant to this Act. Money may enter the fund through legislative appropriations, fees, contributions, donations, grants, loans, interest received on money in the fund, and any other lawful public or private source. Money in the fund shall be appropriated by the Legislature through the normal budget process. Any expenditure from the fund shall be paid on warrants drawn by the state auditor on vouchers approved by the commissioner of the Governor's Office of Economic Development.
Section 15. There is hereby appropriated from the general fund the sum of one dollar ($1), or so
much thereof as may be necessary, to the Governor's Office of Economic Development to be
deposited into the Dakota Tech scholarship fund and made available, beginning on the effective date
of this Act, to fund scholarships under the Dakota Tech scholarship program as provided in this Act.
This appropriation may be used only for the funding of scholarships under the program.
Administrative costs and other costs incurred by the administrator or by GOED in the
implementation of the program may be met only through the use of funds from sources other than
this appropriation.
Section 16. The commissioner of the Governor's Office of Economic Development shall approve
vouchers and the state auditor shall draw warrants to pay expenditures authorized by this Act.
Section 17. Any amounts appropriated in this Act not lawfully expended or obligated by June
30, 2013, shall revert in accordance with the procedures prescribed in chapter 4-8."