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State of South Dakota
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SEVENTY-SEVENTH
SESSION
LEGISLATIVE ASSEMBLY, 2002 |
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SENATE BILL
NO.
64
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Introduced by:
Senators Koetzle, Dennert, Duxbury, Hagen, Hutmacher, McIntyre, Moore,
Reedy, Sutton (Dan), and Volesky and Representatives Flowers, Bartling,
Bradford, Burg, Davis, Elliott, Glenski, Hanson (Gary), Hargens, Hundstad,
Lange, Nachtigal, Nesselhuf, Olson (Mel), Peterson (Jim), Sigdestad, and Van
Norman
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FOR AN ACT ENTITLED, An Act to
establish certain wage requirements for the recipients of
REDI fund loans.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF SOUTH DAKOTA:
Section 1. That chapter 1-16G be amended by adding thereto a NEW SECTION to read as follows:
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF SOUTH DAKOTA:
Section 1. That chapter 1-16G be amended by adding thereto a NEW SECTION to read as follows:
No person may receive a loan from the revolving economic development and initiative fund
unless the person agrees, as a condition to receiving the loan, to pay to nonmanagement
employees a wage which averages at least one hundred ten percent of the average hourly wage
for that occupational title and employment region as compiled by the occupational employment
statistics program of the Department of Labor.
350 copies of this document were printed by the South Dakota
Legislative Research Council at a cost of $.027 per page. . Insertions into existing statutes are indicated by underscores.
Deletions from existing statutes are indicated byoverstrikes.
Legislative Research Council at a cost of $.027 per page. . Insertions into existing statutes are indicated by underscores.
Deletions from existing statutes are indicated by
