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HB 1157 create the agriculture future development fund and to provide ...
State of South Dakota  
NINETY-SECOND SESSION
LEGISLATIVE ASSEMBLY, 2017  

777Y0624   HOUSE BILL   NO.  1157  

Introduced by:    Representatives Qualm and Haggar and Senator Greenfield (Brock)
 

        FOR AN ACT ENTITLED, An Act to authorize the Board of Regents to contract for the construction of and improvements to the State Animal Disease Research and Diagnostic Laboratory at South Dakota State University, to make an appropriation therefor, and to provide for the repayment thereof.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF SOUTH DAKOTA:
    Section 1. The Board of Regents is hereby authorized to contract for the construction, reconstruction, renovation, demolition, and modernization of facilities and related infrastructure at the State Animal Disease Research and Diagnostic Laboratory on the campus of the South Dakota State University.
    Section 2. There is hereby appropriated for the purposes authorized in this Act the sum of ten million dollars ($10,000,000), or so much thereof as may be necessary, in other fund expenditure authority to the South Dakota Board of Regents for expenditure of funds from the South Dakota State University's unrestricted cash balance, together with any additional sums received pursuant to section 3 of this Act.
    Section 3. The Board of Regents may accept, transfer, and expend any funds obtained for

the project authorized in this Act from federal sources, donations, or any other external sources, all of which comprise a special fund for the benefitted project. All moneys deposited into that fund are hereby appropriated to the project authorized by this Act.
    Section 4. The administration of the design and construction of the project authorized in this Act shall be under the general charge and supervision of the Bureau of Administration as provided in chapter 5-14.
    Section 5. All expenditures authorized by section 2 of this Act shall be repaid, interest-free, from fees collected by the State Animal Disease Research Diagnostic Laboratory before June 30, 2027.
    Section 6. The executive director of the Board of Regents shall approve vouchers and the state auditor shall draw warrants to pay expenditures authorized by this Act.