South Dakota Codified Laws
Chapter 16G - Economic Development
Section 1-16G-1 - Board of Economic Development created--Appointment--Terms.

1-16G-1. Board of Economic Development created--Appointment--Terms.
There is created a Board of Economic Development and the Governor may appoint up to thirteen members to consult with and advise the Governor and the commissioner of the Governor's Office of Economic Development in carrying out the functions of the office. The members shall be confirmed by the senate. The members of the board shall be appointed by the Governor for four-year terms of office so arranged that no more than four members' terms expire in any given year. Not all members may be from the same political party. The Governor shall designate the terms at the time of appointment. Any member appointed to fill a vacancy arising from other than the natural expiration of a term shall serve only the unexpired portion of the term.

Source: SL 1987, ch 390 (Ex. Ord. 87-1), §37; SL 1988, ch 439 (Ex. Ord. 88-1), §20; SDCL §1-42-15.1; SL 2005, ch 10, §2; SL 2011, ch 1 (Ex. Ord. 11-1), §85, eff. Apr. 12, 2011; SL 2013, ch 7, §22, eff. Mar. 20, 2013.

Structure South Dakota Codified Laws

South Dakota Codified Laws

Title 1 - State Affairs and Government

Chapter 16G - Economic Development

Section 1-16G-1 - Board of Economic Development created--Appointment--Terms.

Section 1-16G-1.1 - Authority of Board of Economic Development.

Section 1-16G-1.2 - Foreclosure as means of protecting loan--Sale, transfer, or conveyance of property.

Section 1-16G-1.3 - Nonvoting members of Board of Economic Development.

Section 1-16G-3 - Revolving economic development and initiative fund--Purpose.

Section 1-16G-5 - Receipt of repayment of loans and interest--Rules--Loans for credit enhancement--Reversion of excess.

Section 1-16G-6 - No appeal by applicant from board's action.

Section 1-16G-7 - Acceptance and expenditure of other funds by Board of Economic Development.

Section 1-16G-8 - Promulgation of rules.

Section 1-16G-10 - Annual report by Board of Economic Development.

Section 1-16G-11 - Documentary material consisting of trade secrets exempt from disclosure--Discussion of or action on trade secrets at meeting closed to public.

Section 1-16G-16.1 - Procurement of certain services for revolving economic development and initiative fund.

Section 1-16G-24 - Use of earnings for administrative costs of Division of Finance of Governor's Office of Economic Development.

Section 1-16G-47.1 - Disbursements from local infrastructure improvement grant fund and economic development partnership fund.

Section 1-16G-49 - Annual report to Government Operations and Audit Committee.

Section 1-16G-50 - Local infrastructure improvement grant fund.

Section 1-16G-51 - Economic development partnership fund created.

Section 1-16G-52 - Awards from economic development partnership fund.

Section 1-16G-53 - Matching basis of awards from economic development partnership fund.

Section 1-16G-54 - Promulgation of rules regarding local infrastructure improvement grant fund.

Section 1-16G-55 - Promulgation of rules regarding economic development partnership fund.

Section 1-16G-56 - Definitions relating to reinvestment payment program.

Section 1-16G-57 - Reinvestment payment procedure.

Section 1-16G-58 - Application for reinvestment payment.

Section 1-16G-59 - Factors for board review of application.

Section 1-16G-60 - Permit to submit an affidavit for reinvestment payment.

Section 1-16G-61 - Affidavit for reinvestment payment--Form and contents.

Section 1-16G-62 - Time for filing affidavit for reinvestment payment--Eligible project costs--Extension.

Section 1-16G-63 - Time and manner of reinvestment payment.

Section 1-16G-64 - Reinvestment payment fund created.

Section 1-16G-65 - Effect of tax collection agreement with Indian tribe.

Section 1-16G-66 - Public records-Information on the GOED website.

Section 1-16G-67 - Promulgation of rules on reinvestment payments.

Section 1-16G-68 - Prohibited commissions.

Section 1-16G-73 - Definitions relating to new frontiers program.

Section 1-16G-74 - Requirements for new frontiers program applicants.

Section 1-16G-75 - Time for filing application--Contents.

Section 1-16G-76 - Board review of application--Factors for consideration.

Section 1-16G-77 - Permit from GOED--Assignment and transfer of permit and payment--Amended application.

Section 1-16G-78 - Affidavit for new frontiers payment--Contents.

Section 1-16G-79 - Time for filing affidavit for payment--Final program cost determination--Extension.

Section 1-16G-80 - Time for new frontiers payment--Additional information.

Section 1-16G-81 - Repayment upon relocation outside of state--Repayment waiver.

Section 1-16G-82 - Limitations on reinvestment payments.

Section 1-16G-83 - Public information.

Section 1-16G-84 - Promulgation of rules regarding new frontiers program.

Section 1-16G-85 - [Effective until July 1, 2025] Definitions.

Section 1-16G-86 - [Effective until July 1, 2025] Disaster relief subfund--Creation--Continuous appropriation.

Section 1-16G-87 - [Effective until July 1, 2025] Disaster relief subfund--Loans.

Section 1-16G-88 - [Effective until July 1, 2025] Disaster relief subfund--Reporting.

Section 1-16G-89 - [Effective until July 1, 2025] Disaster relief subfund loans--Confidentiality.