SD State Historical Society offers property tax moratorium

PIERRE, S.D. (AP) — The South Dakota State Historical Society is offering property owners a tax moratorium.

This eight-year moratorium is for restoration and rehabilitation work completed on historic sites during 2015.

The state property tax moratorium is available for buildings listed on the National or State Register of Historic Places and rehabilitated following guidelines provided by the U.S. Secretary of the Interior's Standards for Rehabilitation.

The deadline to submit applications is Nov. 2. A new application is necessary for every year that work is undertaken.

The Historical Society's board of trustees approved 19 properties for the program last year. Historical Society director Jay Vogt says the 19 projects represented more than $9.4 million in private investment in South Dakota's historic buildings.


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