South Dakota Statutes

§ 5-27-1 — State capital construction fund established.

South Dakota·Title 5 PUBLIC PROPERTY, PURCHASES AND CONTRACTS·Ch. 5-27 CAPITAL CONSTRUCTION FUND
There is hereby established within the state treasury the state capital construction fund into which shall be deposited the net proceeds to the state from the sale of on-line lottery tickets pursuant to § 42-7A-24 , and such other revenues as the Legislature may designate. The fund shall be a participating fund and shall be credited for all interest earned on fund balances. Expenditures from the fund shall be made only upon approval by the Legislature.

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Legislative History

SL 1993, ch 48, § 1; SL 1996, ch 47, § 1; SL 2018, ch 124, § 6.

Nearby Sections

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