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 services. The amendments specify that fees for various applications and renewals, including those for certificates and firm permits, shall not exceed one hundred dollars, while certain peer review administrative fees may reach up to one hundred twenty-five dollars. Additionally, the bill allows for tier-based or flat fee structures for various applications, ensuring flexibility in fee assessment.
Furthermore, the bill clarifies the board's authority to charge fees for examinations and reexaminations, as well as for the late filing of certificates and permits. It also includes provisions for the replacement of certificates or permits, with fees not exceeding fifty dollars. Overall, the revisions aim to streamline the fee structure and enhance the board's ability to manage the licensing process effectively while maintaining affordability for applicants.
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