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SD HB1072
Bill
Status
1/15/2026
Primary Sponsor
Tim Reed
Click for details
AI Summary
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Appropriates $20,656,978 total for state employee salary payments: $8,454,195 from the general fund, $3,524,321 in federal funds, and $8,678,462 in other funds
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Provides each state employee a payment equal to 1.5% of their current salary, distributed monthly as one-twelfth of the total amount
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Requires employees to have been employed as of January 1, 2026 to qualify; employees who leave state employment forfeit remaining payments
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Bureau of Finance and Management responsible for distributing funds to all state agencies and governmental entities
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Effective June 30, 2026, with unexpended funds reverting by June 30, 2027
Legislative Description
Provide an appropriation for a payment for state employee salaries.
Appropriation
Last Action
Committee on Appropriations Tabled, Passed, YEAS 16, NAYS 0.
2/19/2026