The bill amends South Dakota law by updating the reference to the "United States Internal Revenue Code" in section 10-1-47. Specifically, it changes the effective date of the code from January 1, 2025, to January 1, 2026. This update ensures that the state's tax laws remain aligned with the most current federal tax regulations.

Additionally, the amended section applies to various other 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. This comprehensive approach ensures consistency across multiple legal references related to taxation in South Dakota.

Statutes affected:
Introduced, 01/01/2026: 10-1-47