HB1009 updates South Dakota's Higher Education Savings Plan Act by revising the definitions of key terms used in the program, including clarifying what counts as "cash" contributions and renumbering several definitions for better organization. The bill expands the definition of acceptable payment methods (such as automatic transfers, cashier's checks, and wire transfers) that can be converted to cash and deposited into education savings accounts.
Signed by the Governor H.J. 256
Delivered to the Governor H.J. 204
Signed by the President S.J. 176
Signed by the Speaker H.J. 186
Senate Do Pass Passed, YEAS 34, NAYS 0. S.J. 152
State Affairs Certified uncontested, placed on consent
State Affairs Do Pass Passed, YEAS 7, NAYS 0.
State Affairs Scheduled for hearing
First read in Senate and referred to Senate State Affairs S.J. 91
House of Representatives Do Pass Passed, YEAS 67, NAYS 0. H.J. 47
State Affairs Certified uncontested, placed on consent
State Affairs Do Pass Passed, YEAS 12, NAYS 0.
State Affairs Scheduled for hearing
House of Representatives Referred to House State Affairs H.J. 22
First Reading House H.J. 7
State Affairs — Do Pass
State Affairs — Do Pass