make an appropriation for providing loans to custom exempt plants and slaughtering establishments.

HB 1310 appropriates $10 million from South Dakota's economic development fund to provide loans for startup or expansion of custom exempt plants and slaughtering establishments (defined under §39-5-6). The loans, capped at $1 million per establishment and secondary to other financing for the same purpose, are administered by the Governor's Office of Economic Development. Funds must be used for eligible projects within the state, with unspent amounts reverting per standard procedures. The program becomes effective June 30, 2026.