<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.s40c5c0e9-e2a1-4c37-8d62-9d9fa0604617P0 { 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.s40c5c0e9-e2a1-4c37-8d62-9d9fa0604617C0 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s40c5c0e9-e2a1-4c37-8d62-9d9fa0604617C0-000000 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s40c5c0e9-e2a1-4c37-8d62-9d9fa0604617C0-000001 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s40c5c0e9-e2a1-4c37-8d62-9d9fa0604617000002 { color: black; background: white; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s40c5c0e9-e2a1-4c37-8d62-9d9fa0604617C0-000003 { 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="s40c5c0e9-e2a1-4c37-8d62-9d9fa0604617P0"><span xml:space="preserve" class="s40c5c0e9-e2a1-4c37-8d62-9d9fa0604617C0">    </span><a href="https://sdlegislature.gov/Rules?Rule=74:05:08:18.02"><span class="s40c5c0e9-e2a1-4c37-8d62-9d9fa0604617C0-000000">74:05:08:18.02</span></a><span xml:space="preserve" class="s40c5c0e9-e2a1-4c37-8d62-9d9fa0604617C0-000001">.  </span><span class="s40c5c0e9-e2a1-4c37-8d62-9d9fa0604617C0-000001">Loans to project sponsors subject to the Build America, Buy America Act provisions</span><span class="s40c5c0e9-e2a1-4c37-8d62-9d9fa0604617C0-000001">.</span><span xml:space="preserve" class="s40c5c0e9-e2a1-4c37-8d62-9d9fa0604617C0"> </span><span class="s40c5c0e9-e2a1-4c37-8d62-9d9fa0604617C0">An applicant is eligible for a reduction in the interest rate if its project is subject to the Build America, Buy America Act, Public Law 117-58, provisions</span><span class="s40c5c0e9-e2a1-4c37-8d62-9d9fa0604617C0">.</span></p><p dir="ltr" class="s40c5c0e9-e2a1-4c37-8d62-9d9fa0604617P0"><span xml:space="preserve" class="s40c5c0e9-e2a1-4c37-8d62-9d9fa0604617000002"> </span></p><p dir="ltr" class="s40c5c0e9-e2a1-4c37-8d62-9d9fa0604617P0"><span xml:space="preserve" class="s40c5c0e9-e2a1-4c37-8d62-9d9fa0604617C0">    </span><span class="s40c5c0e9-e2a1-4c37-8d62-9d9fa0604617C0-000001">Source:</span><span xml:space="preserve" class="s40c5c0e9-e2a1-4c37-8d62-9d9fa0604617C0"> </span><span class="s40c5c0e9-e2a1-4c37-8d62-9d9fa0604617C0">49 SDR 100, effective May 22, 2023</span><span class="s40c5c0e9-e2a1-4c37-8d62-9d9fa0604617C0">.</span></p><p dir="ltr" class="s40c5c0e9-e2a1-4c37-8d62-9d9fa0604617P0"><span xml:space="preserve" class="s40c5c0e9-e2a1-4c37-8d62-9d9fa0604617C0">    </span><span class="s40c5c0e9-e2a1-4c37-8d62-9d9fa0604617C0-000001">General Authority:</span><span xml:space="preserve" class="s40c5c0e9-e2a1-4c37-8d62-9d9fa0604617C0"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=46A-1-60.2"><span class="s40c5c0e9-e2a1-4c37-8d62-9d9fa0604617C0-000003">46A-1-60.2</span></a><span class="s40c5c0e9-e2a1-4c37-8d62-9d9fa0604617C0">.</span></p><p dir="ltr" class="s40c5c0e9-e2a1-4c37-8d62-9d9fa0604617P0"><span xml:space="preserve" class="s40c5c0e9-e2a1-4c37-8d62-9d9fa0604617C0">    </span><span class="s40c5c0e9-e2a1-4c37-8d62-9d9fa0604617C0-000001">Law Implemented:</span><span xml:space="preserve" class="s40c5c0e9-e2a1-4c37-8d62-9d9fa0604617C0"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=46A-1-60.1"><span class="s40c5c0e9-e2a1-4c37-8d62-9d9fa0604617C0-000003">46A-1-60.1</span></a><span xml:space="preserve" class="s40c5c0e9-e2a1-4c37-8d62-9d9fa0604617C0"> to </span><a href="https://sdlegislature.gov/Statutes?Statute=46A-1-60.3"><span class="s40c5c0e9-e2a1-4c37-8d62-9d9fa0604617C0-000003">46A-1-60.3</span></a><span class="s40c5c0e9-e2a1-4c37-8d62-9d9fa0604617C0">, inclusive.</span></p><p dir="ltr" class="s40c5c0e9-e2a1-4c37-8d62-9d9fa0604617P0"><span xml:space="preserve" class="s40c5c0e9-e2a1-4c37-8d62-9d9fa0604617000002"> </span></p></div></body></html>