amend the process by which moneys are distributed from the employer's investment in South Dakota's future fund.

SB 185 amends South Dakota's "employer's investment in South Dakota's future fund" to improve transparency and accountability in distributing funds for economic development. The bill requires business applicants to submit detailed business plans - including job descriptions, compensation, and other funding sources - before receiving grants. It limits funding to actual project costs, mandates matching commitments from applicants, and requires the Governor's Office of Economic Development to publicly report biannually on each grant (including recipient details, project purpose, and jobs created). These changes apply directly to businesses, educational institutions, and workforce programs seeking fund support for research, infrastructure, or economic development projects within the state.