South Dakota2026Active
SB121
Funding for Richmond Lake Dam and Spillway Replacement
Last scannedAug 25, 2026, 3:29 AM
In one sentence
This law moves money from the trust fund for unclaimed property to pay for replacing the dam and spillway at Richmond Lake.
What it does
- Transfers $8,212,497 from the trust fund for unclaimed property to the general fund.
- Appropriates that same amount of money to replace the Richmond Lake dam and spillway.
- Assigns the Office of the Commissioner of School and Public Lands to receive this funding.
- Requires the commissioner to approve vouchers before payments are made.
- Directs any unused funds from this appropriation back into state accounts according to existing rules.
Who it affects
- The Office of the Commissioner of School and Public Lands
- The State Treasurer
- The State Auditor
Limits and unknowns
- The law does not specify the exact start date for construction work.
- It does not detail how long the replacement project will take to finish.
- Unused money must return according to procedures in chapter 4-8, which are not detailed here.
Plain language
Terms to know
- Appropriation
- An official act by the legislature that sets aside money for a specific purpose.
- Trust fund for unclaimed property
- A state account holding money or assets that have no known owner and are waiting to be claimed.
Official record
Sources
Official summary
transfer moneys and make an appropriation for the replacement of the Richmond Lake dam and spillway and to declare an emergency.
Official activity
Bill history
- Signed by the Speaker