The commissioner of the Bureau of Finance and Management shall transfer any unobligated cash remaining after the transfer into the budget reserve fund as required by § 4-7-32 into the general revenue replacement fund if the amount in the general revenue replacement fund does not exceed fifteen percent of the general fund appropriations in the General Appropriations Act for the previous fiscal year.
S.D. Codified Laws § 4-7-39
Transfer of unobligated cash to general revenue replacement fund
Known as the Budget Act
The act spans §§ 4–4 (61 sections).
Source: SL 1998, ch 26, § 1; SL 2002, ch 28, § 1; SL 2015, ch 39, § 12.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.