The bill amends several sections of South Dakota's accountancy laws to revise the licensing fees associated with the practice of accountancy. Specifically, it updates the rules governing the fees for firm permits, certificates, examinations, and other related processes. For instance, the maximum fee for the issuance or renewal of a certificate is set at one hundred dollars, while fees for examination and reexamination are capped at four hundred fifty dollars per section. Additionally, the bill establishes various fees for late filings, modifications of disciplinary actions, and replacements of certificates or permits, with specific limits outlined for each category.
Furthermore, the bill allows the board to charge fees that may be either flat or tier-based for applications related to the initial issuance or renewal of permits. It also includes provisions for third-party examination administration fees and specifies that the board can promulgate rules to govern these fees and procedures. Overall, the amendments aim to streamline the fee structure and clarify the financial obligations of licensees in the accountancy profession.
Statutes affected: Introduced, 01/03/2025: 36-20B-12, 36-20B-17, 36-20B-37
Enrolled, 03/10/2025: 36-20B-12, 36-20B-17, 36-20B-37