The governor of South Dakota has signed H.B. 1270 into law, effective 7/1/2012.
The bill reduces dormancy for almost all property types from 5 years to 3 years.
Click
here to view the legislation.
Update: I have checked with the state of South Dakota and verified this will not affect 2012 reporting. South Dakota will be posting more information on their State News Feed in the next couple of days. Click
here to view the South Dakota State News Feed.
Author: Danielle Herring
Product Manager, UPExchange
Labels: UP Legislative Updates