modify provisions of a report required by the Governor's Office of Economic Development on certain awards and grants.

HB 1117 modifies the reporting requirements for the Governor's Office of Economic Development regarding certain awards and grants from South Dakota's "Employer's Investment in South Dakota's Future Fund." The bill changes the frequency of the report from "biannual" to "twice each year," requiring the office to submit the same detailed report to specified legislative committees twice yearly instead of less frequently. The report must include recipient names, locations, funding purposes, economic impact measures, job creation numbers, fund balances, and status updates for awards/grants made over the past 20 years. This change affects the Governor's Office of Economic Development by altering how often it must provide these transparency reports to legislative committees. The bill does not alter the content or scope of the required information.