This bill establishes a specific timeframe for remote sellers and marketplace providers in South Dakota regarding their registration and remittance of sales tax. According to the new provisions, a seller who meets the criteria outlined in section 10-64-2 will not be required to register and remit sales tax until the first day of the month that is at least thirty days after they meet the criteria. Similarly, a marketplace provider that meets the criteria in section 10-65-5 will also have the same timeframe for registration and remittance of sales tax.

The bill aims to provide clarity and a grace period for remote sellers and marketplace providers, allowing them to prepare for compliance with sales tax regulations without immediate pressure. By establishing this thirty-day window, the legislation seeks to facilitate smoother transitions into tax obligations for businesses operating in the state.