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State Receives Windfall

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State Receives Windfall

Due to changes in unclaimed property rules, the State of South Dakota will receive an unexpected seventy million dollars this year.

It comes from banks that have consolidated in the state, and from accounts that have gone unclaimed over several years.

Senator Billie Sutton of Burke, a member of the Appropriations Committee, says some of it could go to an existing economic development fund…

 

Sutton says education always needs more money…

 

Sutton says he would like to see some of the money directed to specialized education…

 

Governor Dennis Daugaard will deliver his budget address to the legislature in Pierre next week.

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