Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
House rejects bill to end employer contributions to state future funds after contentious debate
Summary
House Bill 11 86, which would have phased out employer contributions to the state's Future Fund and redirected oversight, failed on the floor after a lengthy debate over past grants, transparency, and economic-development practices.
A proposal to stop employer contributions to South Dakota's Future Fund and to curtail future spending authority failed on the House floor on Feb. 25, 2025.
Representative Kristi May, the bill's sponsor, described the measure as a fiscal and oversight fix to curtail what she called unaccountable awards from the Future Fund. "This fund needs to go away," May said during debate, arguing that recent grants were made without sufficient transparency or legislative oversight.
Supporters said the Future Fund had been used in ways that…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
