This bill updates South Dakota's retirement system law to reference the current federal tax code as of January 1, 2026, instead of an older version. The change ensures that rules governing the South Dakota Retirement System stay aligned with current federal tax law without requiring separate legislative updates each time federal tax code changes.
AI-generated summary
This bill does not directly amend codified state law.
The amendment updates the Internal Revenue Code reference date from January 1, 2025 to January 1, 2026, ensuring South Dakota's Retirement System statutes comply with the most current federal tax code. This is a technical update that maintains the bill's original purpose of keeping state retirement law aligned with current federal law.
Signed by the Governor S.J. 266
Delivered to the Governor S.J. 259
Signed by the Speaker H.J. 300
Signed by the President S.J. 236
House of Representatives Do Pass Passed, YEAS 65, NAYS 0. H.J. 262
Retirement Laws Certified uncontested, placed on consent H.J. 1
Retirement Laws Do Pass Passed, YEAS 4, NAYS 0. H.J. 1
Retirement Laws Scheduled for hearing H.J. 1
House of Representatives Referred to House Retirement Laws H.J. 137
First Reading House H.J. 125
Senate Do Pass Passed, YEAS 34, NAYS 0. S.J. 83
Retirement Laws Certified uncontested, placed on consent S.J. 1
Retirement Laws Do Pass Passed, YEAS 5, NAYS 0. S.J. 1
Retirement Laws Scheduled for hearing
First read in Senate and referred to Senate Retirement Laws S.J. 14
Do Pass
Retirement Laws — Do Pass
Do Pass
Retirement Laws — Do Pass