This bill establishes a specific timeframe for remote sellers and marketplace providers in South Dakota regarding their obligation to register and remit 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 first month that occurs 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 before they are required to register and remit sales tax.

The bill aims to provide clarity and a grace period for remote sellers and marketplace providers, ensuring they have adequate time to comply with tax registration and remittance requirements. By establishing this thirty-day period, the legislation seeks to facilitate smoother transitions for businesses entering the sales tax system in South Dakota.