Revisions to References of Internal Revenue Code
This proposed bill would revise certain references within South Dakota's laws that relate to the Internal Revenue Code. Before this change, specific sections in state law referred to outdated or incorrect parts of the federal tax code. The revisions aim to update these references for accuracy and clarity. This change primarily affects legal professionals, accountants, and businesses that rely on accurate interpretations of both state and federal tax laws. Since no effective date is specified, it's unclear when this proposed bill would take effect if passed.
References to the Internal Revenue Code in South Dakota state law were outdated or incorrect.
This proposed bill would revise certain references within South Dakota's laws that relate to the Internal Revenue Code. Before this change, specific sections in state law referred to outdated or incorrect parts of the federal tax code. The revisions aim to update these references for accuracy and clarity. This change primarily affects legal professionals, accountants, and businesses that rely on accurate interpretations of both state and federal tax laws. Since no effective date is specified, it's unclear when this proposed bill would take effect if passed.