Clarifies that county liens are included in list of any surplus proceeds of the tax deed sale that remain after payment that must be returned to the prior owner of record.
Also clarifies that the real property is subject to any claim that the State - or county - may have in the real property for taxes, liens, or encumbrances for acquired deed.
Legislative History
On Jan. 23, 2025, bill introduced in Senate; on Feb. 4, 2025, bill passed in Senate.
On Feb. 5, 2025, bill introduced in House; on Mar. 6, 2025, bill was passed in House.
On Mar. 10, 2025, bill was enrolled, and is pending delivery to the governor for action.
Effectiveness
SD law sets effective date of bills passed in regular session as Jul. 1, i.e. Jul. 1, 2025.
Mar. 2025 SD LEG Governor Approval
On Mar. 31, 2025, SD LEG reported bill signed into law by governor, effective Jul. 1.
Regulators
SD LEG
Entity Types
CNSM; Corp; MG Orig; Servicer
Reference
Bill SB90, 3/31/2025; Bill SB90, 3/10/2025; Citation: *SD FIN*10-25-12, 10-25-39;
