CHAPTER 43

(HB 1069)

Public sale of tax certificates prohibited.

         ENTITLED, An Act to  prohibit the public sale of tax certificates.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF SOUTH DAKOTA:

     Section  1.  Notwithstanding the provisions of chapters 10-23, 10-24, and 10-25, no county may sell any tax certificate after July 1, 2006. The county shall be the holder of any tax certificate issued by the county after July 1, 2006. The county treasurer shall continue to serve notice on the owner of record of the real property, publish notice, and attend to the other administrative provisions imposed by chapter 10-23, 10-24, and 10-25. Nothing in this section affects the holder of any existing tax certificate, the method in which the tax certificate is redeemed, or the sale of real property for taxes or assessments.

     Signed February 23, 2006

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