FOR AN ACT ENTITLED, An Act to provide for a study of the feasibility of establishing an equine processing facility and to make an appropriation therefor.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF SOUTH DAKOTA:
    Section 1. The Governor's Office of Economic Development shall provide for the conduct of a study of the feasibility, viability, and desirability of establishing and operating an equine processing facility in South Dakota. The study shall address the socioeconomic impacts related to the design, financing, construction, completion, equipping, operating, and maintaining of an equine processing facility, including an equine slaughter facility, to be located on state, tribal, or private lands in South Dakota.
    Section 2. In providing for the study, the Governor's Office of Economic Development and Tourism may contract with a private or public entity to conduct the study, in which case the office shall use a request for proposals to identify and select the appropriate entity.
    Section 3. The Governor's Office of Economic Development shall report the results of the study to the Legislature not later than the convening of the 2012 Legislative Session.
    Section 4. There is hereby appropriated from the employer's investment in South Dakota's

future fund established in § 61-5-24.2 the sum of one hundred thousand dollars ($100,000), or so much thereof as may be necessary, to the Governor's Office of Economic Development to provide for the study required in section 1 of this Act.
    Section 5. The secretary of tourism and state development shall approve vouchers and the state auditor shall draw warrants to pay expenditures authorized by this Act.
    Section 6. Any amounts appropriated in this Act not lawfully expended or obligated by June 30, 2012, shall revert in accordance with the procedures prescribed in chapter 4-8.