South Dakota State Historical Society officials remind property owners that Nov. 1, 2024, is the deadline to apply for the State Property Tax Moratorium. This eight-year moratorium applies to restoration and rehabilitation work completed on historic properties during the calendar year 2024. The State Property Tax Moratorium is available for buildings listed on the National or State Register of Historic Places and rehabilitated in accordance with the Secretary of the Interior’s Standards for Rehabilitation. State law encourages historic preservation of private property by providing this eight-year property tax break opportunity. If a historic building qualifies for the tax benefit because of certified improvements, an eight-year delay is placed on the property tax assessment. The assessments may not be increased due to the building’s certified rehabilitation. For more information and the application, visit the State Historic Preservation Office’s funding page at https://history.sd.gov/preservation/fundingopportunities.aspx or contact the office at [email protected] or (605)773-3458. A new application for certification is necessary for every year that work is undertaken.