HB1003 updates South Dakota's higher education savings plan law to reference a newer version of the federal Internal Revenue Code, ensuring the state law stays aligned with current federal tax rules for education savings accounts. The bill removes outdated or duplicate provisions while revising the main savings plan statutes to reflect these updated federal references.
Signed by the Governor H.J. 256
Delivered to the Governor H.J. 224
Signed by the President S.J. 224
Signed by the Speaker H.J. 203
Senate Do Pass Passed, YEAS 31, NAYS 0. S.J. 191
Education Certified uncontested, placed on consent
Education Do Pass Passed, YEAS 6, NAYS 0.
Education Scheduled for hearing
First read in Senate and referred to Senate Education S.J. 108
House of Representatives Do Pass Passed, YEAS 69, NAYS 0. H.J. 76
House of Representatives Remove from Consent Calendar H.J. 61
State Affairs Certified uncontested, placed on consent
State Affairs Do Pass Passed, YEAS 13, NAYS 0.
State Affairs Scheduled for hearing H.J. 1
First read in House and referred to House State Affairs H.J. 21
Education — Do Pass
Do Pass
State Affairs — Do Pass