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South Dakota · November 3, 2026 general election · Statewide ballot measure

Constitutional Amendment K: what your vote means

Trust fund for unclaimed property. On every South Dakota ballot. Official sources checked October 21, 2026.

Constitutional Amendment K · Legislatively referred constitutional amendment

Trust fund for unclaimed property

Official ballot title (quoted exactly)

An Amendment to the South Dakota Constitution Establishing the Trust for Unclaimed Property Fund.

Attorney General’s title as printed in the 2026 Ballot Question Pamphlet, South Dakota Secretary of State.

A YES vote means:

Unclaimed abandoned property held by the State Treasurer would be deposited in a constitutional trust fund, with portions of its earnings distributed to the state general fund as set by the Legislature.

A NO vote means:

The constitution stays as it is.

What it would change

  • Who is affected: owners of unclaimed property, the State Treasurer, and the state budget.
  • Examples of unclaimed property: bank deposits, refunds, money orders, stocks, and life insurance funds unclaimed for over three years.
  • Distributions: the Legislature would set an amount that promotes growth of the trust fund.
  • Fiscal impact: No official fiscal note is published in the 2026 Ballot Question Pamphlet for this legislative amendment.

Official arguments, summarized

Short neutral summaries of the arguments printed in the official voters’ pamphlet. The committees that wrote them are responsible for their content. Read the full text at the link below.

Argument for

Supporters say the fund would earn higher returns, provide steady state revenue without new taxes, and keep money available for rightful owners.

Written by: Josh Haeder, State Treasurer

Argument against

No statement against was provided for the pamphlet.

Pro and con statements on Amendment K, 2026 Ballot Question Pamphlet (PDF)

Who supports it and who opposes it

These lists come from official campaign filings (registered committees) and public endorsements, each linked to its source. They are not complete, and SaveYourState does not endorse anyone listed. Lists checked October 30, 2026.

Who supports it

Who opposes it

Not yet compiled

Official sources

SaveYourState is independent and nonpartisan, not a government site, and does not take positions on ballot measures. This explainer describes effects only, using the official ballot title, explanatory statement, full text, and fiscal impact statement. If anything here differs from those documents, the official documents control.