Amends the process for distributing funds from South Dakota's employer's investment in future fund for research and economic development.

South Dakota HB1286 amends the process for distributing funds from the employer's investment in South Dakota's future fund. It defines a research or economic development project, outlines the criteria for awarding grants, and specifies the documentation required for awards exceeding one million dollars. The bill mandates that agreements for awards are open to public inspection and must be posted on the state's website.

Amends the process for distributing funds from South Dakota's employer's investment in future fund for research and economic development.

South Dakota HB1286 amends the process for distributing funds from the employer's investment in South Dakota's future fund. It defines a research or economic development project, outlines the criteria for awarding grants, and specifies the documentation required for awards exceeding one million dollars. The bill mandates that agreements for awards are open to public inspection and must be posted on the state's website.