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such as the money coming out of the general fund and a lack of transparency.    See below:
• BUILDING SOUTH DAKOTA
• Building South Dakota is a sweeping bill to reform and broaden economic development in South Dakota.
• Building South Dakota follows the administration's attempts to start a Large Projects Fund two years ago that would have handed out incentives to corporations who move to the state. Democrats referred the measure to the general election, and voters rejected it by a wide margin.
• Building South Dakota provides the administration the ability to award incentives, but with greater accountability and transparency.
• Building South Dakota specifically states that the incentives are designed only for projects that are unlikely to be done without state assistance. And it focuses a high priority on creating quality jobs.
• Building South Dakota broadens economic development by using some of the taxes paid by the new companies to start a Building South Dakota Fund that will focus on more grassroots development:
• K-12 Schools -- The biggest share of the new fund will be dedicated to career and technical (CATE) education programs, technology and other needs in public schools. This recognizes that education is the key component to economic development;
• Housing -- The next biggest share of Building South Dakota will go to a new program called the S.D. Housing Opportunity Fund to partner with local programs and help provide housing for low income workers;
• Renewable Energy -- A big part of the new agreement focuses on incentives to make South Dakota more competitive in the wind energy industry. This will help to clean our environment and provide rural economic development jobs and income for landowners;
• Grassroots, hometown development -- The top-down approach to economic development isn't working for most communities in South Dakota, so the Building South Dakota Fund will provide resources to encourage and support community-based efforts to bolster entrepreneurship and small business startups and expansions;
• Transparency -- The compromise requires the Government Office of Economic Development (GOED) to provide as much information as possible online so citizens, media and lawmakers can evaluate the results. It also provides for legislative participation on the GOED board and other accountability measures, including the Legisla

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