Constitutional Amendment K: Establishing the Trust for Unclaimed Property Fund
Source: electionresults.sd.gov
What does this measure do?
Supports: Government Efficiency
South Dakota would create a permanent fund in its constitution for money from unclaimed property, after claims and expenses are paid, and send part of its yearly earnings to the state budget starting in 2027. The state would save unclaimed property money for good instead of spending it right away.
Read the official ballot measure (PDF)
Proposed by: South Dakota Legislature (Senate Joint Resolution 505, Sen. Taffy Howard and Rep. Chris Kassin)
Both are Republicans; 19 co-sponsors from both parties joined them. State lawmakers voted to put this constitutional change on the ballot.
Source: sdlegislature.gov
A YES vote means
The state creates the permanent unclaimed property fund, with rules in the constitution for deposits, investing, and how much can be spent.
A NO vote means
This permanent fund for unclaimed property money would not be created.
No financial records found for this ballot measure.
Sources: sdlegislature.gov · sdsos.gov