This bill amends South Dakota law by updating the definition of the "United States Internal Revenue Code" and "Internal Revenue Code" to refer specifically to the version that is amended and in effect as of January 1, 2025. This change is intended to ensure that various sections of the law, including 10-4-9.1, 10-4-9.2, 10-4-9.3, 10-4-9.4, 10-4-39, 10-6-157, and 10-43-10.1, as well as several subdivisions, are aligned with the most current federal tax regulations.

The bill does not include any deletions from current law but focuses solely on the amendment of the existing statute to reflect the updated reference to the Internal Revenue Code. This revision aims to maintain consistency in state law with federal tax law as it evolves.

Statutes affected:
Introduced, 01/08/2025: 10-1-47
Enrolled, 02/11/2025: 10-1-47