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 outlines the fees for late filings and modifications of disciplinary actions, with specific caps on each fee type.

Furthermore, the bill allows the board to charge fees for examination and reexamination, with a maximum of four hundred fifty dollars per section. It also provides flexibility in fee structures, permitting either flat fees or tier-based fees for various applications and renewals. The amendments aim to streamline the fee structure and ensure that the costs associated with maintaining licensure in the accountancy profession are clear and manageable for practitioners.

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