Money designated for small business grants

PIERRE, S.D. (DRG News) – South Dakota legislators have sent a resolution to Gov. Kristi Noem with their recommendations on how the state should spend almost $600 million in federal Coronavirus Relief Funds.

District 24 Representative Mary Duvall of Pierre says $400 million was designated for small business grants.

The maximum grant amount available for a qualifying small business will be $100,000.

Duvall says legislators suggested the remaining $200 million be given to community based healthcare providers and other categories of small businesses.

She says over all, Monday’s special session went well because of a lot of prep work by Legislative Research Council staff.

Duvall says the resolution legislators came up with is a recommendation to the Governor, not a mandate.

Barring an extension, South Dakota has until Dec. 30, 2020, to spend all Coronavirus Relief Fund dollars.