On Mar. 13, SD LEG enacted bill to update reference in plan definitions
SD LEG enacted bill HB 1001, to amend SD LEG 13-63-1, to update a reference within the section to the Internal revenue code in regard to higher education savings plans.
Legislative History
On Jan. 14, 2025, bill was introduced in House; on Jan. 21, 2025, bill passed House.
On Jan. 22, 2025, bill was introduced in Senate; on Feb. 27, 2025, bill passed Senate.
On Mar. 5, 2025, bill delivered to governor; on Mar. 11, 2025, bill signed by governor.
Effectiveness
SD law states effective date of bills passed during regular session set for Jul. 1, 2025.