HB 1204·SD·house
create the South Dakota school construction fund, provide for the transfer of moneys to the fund, and make an appropriation therefor.
FailedFiled Jan 29, 2026
Sponsor: Uhre-Balk
Latest Action
Tabled — Joint Committee on Appropriations, Passed
Feb 26, 2026
Summary
The bill sets up a South Dakota School Construction Loan Fund that the Department of Education would run. It would offer interest‑free loans that can cover up to 40% of a school’s construction or expansion costs, repaid over 20 years. The fund would start with a $1 transfer from the general fund and would follow specific eligibility and reporting rules.
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