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Tax Break For Historic Sites

Tax Break For Historic Sites

Photo: clipart.com


Property owners in South Dakota have until November 3rd to apply for a state property tax moratorium designed to support historic sites.  Ted Spencer is the state director for the South Dakota Historical Society and says the moratorium helps the private investment for sites that qualify…

 

Spencer says since its implementation in 1982, the moratorium has generated close to $100 million for historic restoration, and there are still plenty of sites eligible…

 

He says the restoration includes any improvements to the interior or exterior of a site, and anyone interested should contact the State Historical Society.

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