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SD SB50

Bill

Official Source

Status

Passed

2/17/2026

Primary Sponsor

Retirement Laws

Click for details

Origin

Senate

2026 Regular Session

AI Summary

  • Amends § 3-12C-113 to update the Internal Revenue Code reference date to January 1, 2026 for South Dakota Retirement System administration
  • Ensures state retirement system statutes align with current federal tax law requirements
  • Routine annual conformity update to maintain compliance with IRS regulations governing public pension plans

Legislative Description

Update the reference to the Internal Revenue Code to reflect current federal law for the administration of South Dakota Retirement System statutes.

Public Officers and Employees

Last Action

Signed by the Governor on February 17, 2026 S.J. 266

2/17/2026

Committee Referrals

Retirement Laws1/26/2026
Retirement Laws1/13/2026

Full Bill Text

No bill text available