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House approves transfer from South Dakota bred racing fund to special racing fund to support live event in Pierre
Summary
House Bill 10‑57, which transfers monies from the South Dakota bred racing fund to the special racing revolving fund to support a live horse‑racing event, passed the House by the required two‑thirds majority (ayes 68, excused 1).
Pierre — The House on Feb. 11 approved House Bill 10‑57, a bill to transfer monies from the South Dakota bred racing fund to the special racing revolving fund, to enable a live horse racing event in Pierre this fall. Because the bill transfers money into a continuously appropriated fund, it required a two‑thirds vote.
Rep. Grama, presenting the bill on the floor, said the transfer is intended to support a successful live racing event this fall and that the bred racing fund was established to promote South Dakota‑raised horses and related economic activity. "This bill transfers money out of this dedicated fund and into the South Dakota Special Racing Fund so the money can be used more effectively to hold the event," Grama said.
The clerk reported the two‑thirds vote outcome as "ayes 68, excused 1," and the speaker declared the bill passed. The floor summary stated the transfer has no effect on the state general fund and described the transfer as intended to support an economic event in Pierre. No further implementation details were recorded in the transcript excerpt.
