South Dakota school districts will now receive a share of interest earnings from the unclaimed property trust fund, distributed proportionally based on each district's student enrollment. The bill adds unclaimed property trust fund distributions to the existing pool of funds that the commissioner of school and public lands apportions to school districts alongside revenue from school land leases and investment income.
AI-generated summary
Committee on Appropriations Deferred to the 41st legislative day Passed, YEAS 5, NAYS 3.
Committee on Appropriations Scheduled for hearing S.J. 1
Committee on Appropriations Scheduled for hearing S.J. 1
Committee on Appropriations Referred to Senate Committee on Appropriations Passed, YEAS 16, NAYS 0.
First read in Senate and referred to Joint Committee on Appropriations S.J. 178
Prime sponsor · Rep
R
Dist. HD-020
Prime sponsor · Sen
R
Dist. SD-023
cosponsor · Sen
R
Dist. SD-003
cosponsor · Rep
D
Dist. HD-026
cosponsor · Rep
D
Dist. HD-015
cosponsor · Rep
R
Dist. HD-022
Timothy Goodwin
cosponsor · Rep
R
Dist. HD-030
Deferred to the 41st legislative day
Referred to
Referred to