5-27-6. Transfer of funds to water and environment fund.
During fiscal year 2019, the Bureau of Finance and Management shall transfer each month sixty-four percent of the monthly state capital construction fund revenues from the state capital construction fund to the water and environment fund. In fiscal year 2020, the Bureau of Finance and Management shall transfer each month sixty-two percent of the monthly state capital construction fund revenues from the state capital construction fund to the water and environment fund. In fiscal year 2021, the Bureau of Finance and Management shall transfer each month sixty-one percent of the monthly state capital construction fund revenues from the state capital construction fund to the water and environment fund. In fiscal year 2022, the Bureau of Finance and Management shall transfer each month sixty-one percent of the monthly state capital construction fund revenues from the state capital construction fund to the water and environment fund. Beginning in fiscal year 2023 and each year thereafter, the Bureau of Finance and Management shall transfer each month sixty-four percent of the monthly state capital construction fund revenues from the state capital construction fund to the water and environment fund.
Source: SL 1993, ch 48, §25B; SL 1996, ch 47, §7; SL 1998, ch 218, §4; SL 2018, ch 124, §9.
Structure South Dakota Codified Laws
Title 5 - Public Property, Purchases and Contracts
Chapter 27 - Capital Construction Fund
Section 5-27-1 - State capital construction fund established.
Section 5-27-4 - Transfer of funds to ethanol fuel fund.
Section 5-27-5 - Transfer of funds to state highway fund.
Section 5-27-6 - Transfer of funds to water and environment fund.