<html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><title></title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.sb7c20a9e-1a2b-42f5-858f-e699140c3680P0 { margin-top: 0; margin-bottom: 0; margin-left: 0; margin-right: 0; text-indent: 0.00in; text-align: justify; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; } span.sb7c20a9e-1a2b-42f5-858f-e699140c3680C0 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.sb7c20a9e-1a2b-42f5-858f-e699140c3680C0-000000 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sb7c20a9e-1a2b-42f5-858f-e699140c3680C0-000001 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sb7c20a9e-1a2b-42f5-858f-e699140c3680000002 { color: black; background: white; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.sb7c20a9e-1a2b-42f5-858f-e699140c3680C0-000003 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="sb7c20a9e-1a2b-42f5-858f-e699140c3680P0"><span xml:space="preserve" class="sb7c20a9e-1a2b-42f5-858f-e699140c3680C0">    </span><a href="https://sdlegislature.gov/Rules?Rule=12:21:01:07"><span class="sb7c20a9e-1a2b-42f5-858f-e699140c3680C0-000000">12:21:01:07</span></a><span class="sb7c20a9e-1a2b-42f5-858f-e699140c3680C0-000001">.  Maximums and minimums.</span><span xml:space="preserve" class="sb7c20a9e-1a2b-42f5-858f-e699140c3680C0"> </span><span class="sb7c20a9e-1a2b-42f5-858f-e699140c3680C0">Aggregate f</span><span xml:space="preserve" class="sb7c20a9e-1a2b-42f5-858f-e699140c3680C0">inancing </span><span xml:space="preserve" class="sb7c20a9e-1a2b-42f5-858f-e699140c3680C0">to an eligible applicant </span><span xml:space="preserve" class="sb7c20a9e-1a2b-42f5-858f-e699140c3680C0">under the program may not exceed </span><span class="sb7c20a9e-1a2b-42f5-858f-e699140c3680C0">six hundred and forty-nine thousand dollars, plus an adjustment for inflation using the methodology in 26 U.S.C. § 147(c)(2)(H) (December 31, 2024)</span><span class="sb7c20a9e-1a2b-42f5-858f-e699140c3680C0">.</span></p><p dir="ltr" class="sb7c20a9e-1a2b-42f5-858f-e699140c3680P0"><span xml:space="preserve" class="sb7c20a9e-1a2b-42f5-858f-e699140c3680000002"> </span></p><p dir="ltr" class="sb7c20a9e-1a2b-42f5-858f-e699140c3680P0"><span xml:space="preserve" class="sb7c20a9e-1a2b-42f5-858f-e699140c3680C0">    </span><span class="sb7c20a9e-1a2b-42f5-858f-e699140c3680C0-000001">Source:</span><span xml:space="preserve" class="sb7c20a9e-1a2b-42f5-858f-e699140c3680C0"> 22 SDR 97, effective January 22, 1996; 35 SDR 67, effective September 30, 2008; 37 SDR 111, effective December 8, 2010</span><span class="sb7c20a9e-1a2b-42f5-858f-e699140c3680C0">; 52 SDR 49, effective November 17, 2025</span><span class="sb7c20a9e-1a2b-42f5-858f-e699140c3680C0">.</span></p><p dir="ltr" class="sb7c20a9e-1a2b-42f5-858f-e699140c3680P0"><span xml:space="preserve" class="sb7c20a9e-1a2b-42f5-858f-e699140c3680C0">    </span><span class="sb7c20a9e-1a2b-42f5-858f-e699140c3680C0-000001">General Authority:</span><span xml:space="preserve" class="sb7c20a9e-1a2b-42f5-858f-e699140c3680C0"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=1-16B-70"><span class="sb7c20a9e-1a2b-42f5-858f-e699140c3680C0-000003">1-16B-70</span></a><span class="sb7c20a9e-1a2b-42f5-858f-e699140c3680C0">.</span></p><p dir="ltr" class="sb7c20a9e-1a2b-42f5-858f-e699140c3680P0"><span xml:space="preserve" class="sb7c20a9e-1a2b-42f5-858f-e699140c3680C0">    </span><span class="sb7c20a9e-1a2b-42f5-858f-e699140c3680C0-000001">Law Implemented:</span><span xml:space="preserve" class="sb7c20a9e-1a2b-42f5-858f-e699140c3680C0"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=1-16B-1"><span class="sb7c20a9e-1a2b-42f5-858f-e699140c3680C0-000003">1-16B-1</span></a><span xml:space="preserve" class="sb7c20a9e-1a2b-42f5-858f-e699140c3680C0">(3), </span><a href="https://sdlegislature.gov/Statutes?Statute=1-16B-57"><span class="sb7c20a9e-1a2b-42f5-858f-e699140c3680C0-000003">1-16B-57</span></a><span class="sb7c20a9e-1a2b-42f5-858f-e699140c3680C0">.</span></p><p dir="ltr" class="sb7c20a9e-1a2b-42f5-858f-e699140c3680P0"><span xml:space="preserve" class="sb7c20a9e-1a2b-42f5-858f-e699140c3680000002"> </span></p></div></body></html>