SB 231

26.966.19  101st Legislative Session  231
                                    2026 South Dakota Legislature
                                            Senate Bill 231
                                                  ENROLLED
                                            AN ACT
ENTITLED An Act to create the water infrastructure development fund, to provide
       an appropriation, to provide for the awarding of grants and loans from the
       fund for certain rural water projects and to declare an emergency.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF SOUTH DAKOTA:
Section 1. That a NEW SECTION be added to chapter 46A-1:
            There is created the water infrastructure development fund. This fund consists of
   moneys from appropriations of the Legislature, federal grants for projects on the Bureau
   of Reclamation rural water projects list, interest on investments, and principal and interest
   on loans made from the fund. Expenditures from the fund are continuously appropriated
   and must be used for the construction, planning, and development of rural water projects
   in the state.
            The Board of Water and Natural Resources may award a grant from the fund. A
   grant under this section may not exceed ten percent of the construction cost, as estimated
   by the board. The board may also provide a loan for a project, provided the loan does not
   exceed fifty percent of the construction cost, as estimated by the board.
            The board, in rulemaking pursuant to chapter 1-26, shall establish criteria for the
   selection of water projects to receive loans or grants from the fund and for the terms,
   conditions, and administration of the loans and grants.
Section 2. The state treasurer shall transfer $3,000,000 from the general fund to the water
infrastructure development fund, created in section 1 of this Act.
Section 3. Whereas, this Act is necessary for the support of the state government and its
existing public institutions, an emergency is hereby declared to exist, and this Act shall be in
full force and effect from and after its passage and approval.
26.966.19  2  231
An Act to create the water infrastructure development fund, to provide an appropriation, to
provide for the awarding of grants and loans from the fund for certain rural water projects
and to declare an emergency.
                                                     Received at this Executive Office
 I certify that the attached Act originated in       this _____ day of _____________,
 the:
                                                     2026 at ____________M.
 Senate as Bill No. 231
                                                     By
                       Secretary of the Senate  for the Governor
                                                                      The attached Act is hereby
                                                                  approved this ________ day of
                       President of the Senate  ______________, A.D., 2026
 Attest:
                                                                                        Governor
                       Secretary of the Senate
                                                     STATE OF SOUTH DAKOTA,
                                                                                               ss.
                                                     Office of the Secretary of State
                          Speaker of the House
                                                                    Filed ____________, 2026
 Attest:  at _________ o'clock __M.
                     Chief Clerk of the House  Secretary of State
 Senate Bill No. 231  By
 File No. ____  Asst. Secretary of State
 Chapter No. ______
SB231 ENROLLED