There is a newer version of the South Dakota Codified Laws
2006 South Dakota Code - 3-12A-22.1 — Transfer of funds to South Dakota Political Subdivision Health Care Group--Expiration--Amount--Purpose.
3-12A-22.1. Transfer of funds to South Dakota Political Subdivision Health Care Group-- Expiration--Amount--Purpose. There is hereby transferred to the South Dakota Political Subdivision Health Care Group from the interest earnings, as determined by § 4-5-30, from July 1, 1987, to July 1, 1988, earned in the South Dakota Political Subdivision Employee Benefit Program premium refund and reserve account the sum of twenty thousand dollars. In the
following subsequent years, not to surpass fiscal year 1992, the
interest earnings from this account, as determined by
§ 4-5-30, shall be transferred to the South Dakota
Political Subdivision Health Care Group on the thirtieth day of
January and the amount transferred may not exceed five dollars and
twenty-five cents per covered individual per month not to exceed
seventy thousand dollars annually.
The
transferred funds shall be used to provide for any costs associated
with establishing, operating, administering, or guaranteeing the
South Dakota Political Subdivision Health Care Group.
Source: SL 1989, ch 40, § 10.
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