70:06:01:02.  Federal transit grants eligible for state matching funds. Grantees receiving the following federal transit grants are eligible for state matching funds from the state highway fund:

          (1)  Urban public transit grants for capital purchases and operating expenses as authorized under 49 U.S.C. § 5307; and

          (2)  Rural area transit grants for operating expenses and transit administration expenses as authorized under 49 U.S.C. § 5311.

          Source: 19 SDR 155, effective April 11, 1993; 45 SDR 158, effective July 1, 2019.

          General Authority: SDCL 1-44-7.3.

          Law Implemented: SDCL 1-44-7.3.