SDCL § 32-11-4.3: County and township infrastructure fund--Expenditures--Administration--Purpose.

There is created in the state treasury the county and township infrastructure fund. The fund consists of unobligated moneys transferred pursuant to § 31-34-3. Expenditures from the fund must be budgeted through the general appropriation bill. The Department of Revenue shall administer the fund. The purpose of the fund is to:

(1) Provide for the distribution of moneys to counties, in accordance with § 31-34-2; and

(2) Provide for the accounting and safekeeping of unobligated or unspent moneys distributed to rural access distribution funds, as provided in chapter 31-34.