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2017 South Dakota Codified Laws
Title 1 - STATE AFFAIRS AND GOVERNMENT
Chapter 16G - Economic Development
§ 1-16G-53 Matching basis of awards from economic development partnership fund.
Universal Citation: SD Codified L § 1-16G-53 (2017)
1-16G-53. Matching basis of awards from economic development partnership fund. Any funds awarded under the economic development partnership fund shall be provided on a matching basis. The funds awarded to a recipient for staffing may be distributed over a four year period with forty percent being distributed in the first year, thirty percent in the second year, twenty percent in the third year, and ten percent in the fourth year. Over the four year period, the recipient shall match the total funds received from the economic development partnership fund.
Source: SL 2013, ch 7, ยง 7, eff. Mar. 20, 2013.
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