SB50 — update the reference to the Internal Revenue Code to reflect current federal law for the administration of South Dakota Retirement System statutes.
Changes from Amendments
What changed between bill versions as it moved through the Legislature.
IntroducedEnrolledHouse floor+839-206
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.
26.550.9 26.550.10 101st Legislative Session 50 2026 South Dakota Legislature Senate Bill 50 Introduced by: The Chair of the Committee on Retirement Laws at the request of the South Dakota Retirement System Underscores indicate new language. Overstrikes indicate deleted language. ENROLLED AN ACT ENTITLED An Act to update the reference to the Internal Revenue Code to reflect current 1 federal law for the administration of South Dakota Retirement System 2 statutes. 3 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF SOUTH DAKOTA: 4 Section 1. That § 3-12C-113 be AMENDED: 5 3-12C-113. For purposes of this chapter, "Internal Revenue Code" or "code" 6 means the United States Internal Revenue Code (January 1, 2025 2026). 7 26.550.10 2 50 SB50 ENROLLED An Act to update the reference to the Internal Revenue Code to reflect current federal law for the administration of South Dakota Retirement System statutes. I certify that the attached Act originated in the: Senate as Bill No. 50 Secretary of the Senate President of the Senate Attest: Secretary of the Senate Speaker of the House Attest: Chief Clerk of the House Senate Bill No. 50 File No. ____ Chapter No. ______ Received at this Executive Office this _____ day of _____________, 2026 at ____________M. By for the Governor The attached Act is hereby approved this ________ day of ______________, A.D., 2026 Governor STATE OF SOUTH DAKOTA, ss. Office of the Secretary of State Filed ____________, 2026 at _________ o'clock __M. Secretary of State By Asst. Secretary of State