Make an appropriation for the economic development of South Dakota.
Impact
The passage of SB137 could have minimal direct effects on existing laws or policies, given the modest appropriated sum. However, its approval may set a precedent for future economic development initiatives, signaling legislative support for ongoing funding efforts in South Dakota. Stakeholders may view this bill as a positive step toward boosting economic activity, even if the financial impact is limited.
Summary
Senate Bill 137 is a legislative proposal aimed at making a financial appropriation from the general fund for the purpose of economic development in South Dakota. The bill proposes a modest allocation of $100, which is intended to support various initiatives aimed at improving the state's economic landscape. While the amount is relatively small, it reflects a legislative endorsement of continued efforts toward economic growth in the region.
Contention
Though SB137 appears straightforward, the allocation of public funds, regardless of the amount, is often a point of discussion among lawmakers. Debates may center around whether such expenditures are appropriate, effective, and sufficient in addressing the complex factors influencing economic growth. Opposing views might arise around prioritizing larger funding measures or alternative methods to stimulate economic development outside of state appropriations.
Make an appropriation to support the South Dakota Small Business Development Center and the South Dakota Procurement Technical Assistance Center, and to declare an emergency.