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SB 8 to revise the procedure for the renewal of...

State of South Dakota  
SEVENTY-THIRD SESSION
LEGISLATIVE ASSEMBLY,  1998
 

556B0211  
SENATE STATE AFFAIRS COMMITTEE ENGROSSED   NO. SB8   -   1/16/98  

        Introduced by: The Committee on State Affairs at the request of the Commissioner of School and Public Lands  

         FOR AN ACT ENTITLED, An Act to revise the procedure for the renewal of certain school and public lands leases.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF SOUTH DAKOTA:
     Section  1.  That § 5-5-27 be amended to read as follows:
     5-5-27.   If the lessee wishes to exercise the option to receive a new lease, the lessee shall sign one copy of the duplicate notice mailed to the lessee by the commissioner. The lessee shall mail return it to the commissioner by certified or registered mail on or before the first day of December preceding the expiration date of the lease. Upon receipt of the signed option, the commissioner shall grant a five-year extension or renewal. The lease shall may be canceled if the lessee fails to return the notice to the commissioner on or before the first day of December.
BILL HISTORY
1/13/98 First read in Senate and referred to State Affairs.   S.J.   21
1/16/98 Scheduled for Committee hearing on this date.
1/16/98 State Affairs Do Pass Amended, Passed, AYES 9, NAYS 0.   S.J.   54
1/16/98 State Affairs Place on Consent Calendar.