Economic development

PIERRE (AP) — A special committee in the South Dakota Legislature has passed changes to Building South Dakota's funding formula with Republican support only. The committee included leaders from both chambers. Building South Dakota was established last year to boost the economy...

PIERRE (AP) — South Dakota's governor has received thousands of dollars in campaign contributions from individuals affiliated with companies that have been given grants overseen by his office. The campaign contributions are permissible, but they were subject to criticism during...

PIERRE (AP) — A South Dakota legislative panel is holding its first hearing on the state's economic development agency and its involvement in issues related to a failed beef packing plant. The Government Operations and Audit Committee will review two reports from private auditing...

PIERRE -- The Legislature will spend time in the final three weeks of the 2014 session, and in the months afterward, looking at state government's activities in economic development. That includes the EB-5 immigrant investor program that has been the subject of state and federal investigations....

PIERRE -- Recently Gov. Dennis Daugaard answered questions regarding his knowledge and perspective of state government's involvement in the EB-5 program. The federal program offers preferential visa treatment to qualifying foreign citizens who provide loans or make investments in...

PIERRE — By a 68-0 vote that had members staring in wonder at the tally board, the state House of Representatives approved legislation that would create a task force on tribal economic development Tuesday. The issue hasn’t been specifi cally studied since the 1970s, when Dick...

PIERRE — For the past decade, state government carried tens of millions of dollars on the books year after year waiting for companies to come looking for tax refunds they were owed on big projects in South Dakota. This spring, that practice will end. The governor signed into...

Governor Releases Auditor General’s Report On Economic Development Office PIERRE – Gov. Dennis Daugaard today released the results of an independent audit of the Governor’s Office of Economic Development (GOED). The audit was conducted by the Department of Legislative...

RAPID CITY (AP) — A Sioux Falls attorney says the state Board of Regents wants to charge him more than $15,000 to look for documents related to the federal EB-5 investment-for-green-cards program. Steven Sandven tells the Rapid City Journal that the state has already charged...

The Governor's Office of Economic Development's EB-5 report to the federal government is now on the state government's website.

Rep. Ryan Maher, R-Isabel said the testimony was "a perfect example" of what happens when someone tries to scale back a government program.