Make an appropriation to the Board of Regents to provide grant funding for the operation of the bioproducts facility in Brookings.
Impact
If enacted, SB150 is expected to have a positive impact on education and research in South Dakota. By providing funding for the bioproducts facility, the bill aims to stimulate economic development through research collaborations and technological advancements. This can lead to job creation and increased investment in the region, ultimately benefiting local communities and the state's economy as a whole.
Summary
Senate Bill 150 (SB150) proposes an appropriation of $1,000,000 from the general fund to the Board of Regents. The primary purpose of this funding is to support the operation of a bioproducts facility located at the research park in Brookings, South Dakota. The bill emphasizes the importance of this facility in fostering innovation and research, particularly in the bioproducts sector, with the intent of enhancing the state's position in this growing field.
Contention
While the bill appears straightforward in its intent to appropriate funds for the bioproducts facility, there may be discussions regarding budget priorities and the allocation of state resources. Critics may question whether this funding is the best use of taxpayer money, especially in light of other pressing needs within the state. Nonetheless, supporters argue that investing in bioproducts is crucial for long-term economic development and sustainability.
Authorize the Board of Regents to contract for the design and construction of a year-round rodeo practice facility on the campus of South Dakota State University, together with equipment and furnishings, to make an appropriation therefor, and to declare an emergency.
Increase the funding for construction of an addition to the Kinsman Building in Pierre, to make an appropriation therefor, and to declare an emergency.