This bill allows most South Dakota businesses and organizations to choose between two annual report filing deadlines: either on the anniversary month of when they were formed, or by January 31st each year. Companies that are already in good standing can switch between these two filing dates by submitting a form to the Secretary of State, giving them more flexibility in managing their reporting obligations.
The amendment adds a new filing deadline specifically for limited liability companies and limited liability partnerships, requiring their annual reports by January 31st instead of the first day of the second month, and makes the bill effective January 1, 2027. This NARROWS the bill's scope to create a separate, earlier deadline for LLCs and LLPs while keeping the original deadline for other entities.
The amendment clarifies the filing deadline rules for limited liability companies and partnerships by creating two separate timelines: those authorized in January must file by January 31st of the following year, while all others must file by January 31st of each subsequent year. This NARROWS and clarifies the bill's original approach by providing more specific guidance on when annual reports are due based on the authorization date.
The amendment significantly expands the bill's scope from just rescheduling filing dates for limited liability companies and partnerships to creating a broader two-option filing system for all entities required to file annual reports, allowing them to either file on their formation anniversary or by January 31st each year, with the flexibility to switch between options. This BROADENS the bill from addressing a specific entity type to establishing a comprehensive, entity-wide filing date framework.
The amendment converts the engrossed bill into its enrolled (final) form by removing the legislative markup indicators and adding official signature and filing blocks required for a completed bill. This is a procedural formatting change with no substantive alteration to the bill's purpose of allowing entities to choose between anniversary-date or January 31st filing deadlines for annual reports.
Other amendments
Signed by the Governor H.J. 571
Delivered to the Governor H.J. 546
Signed by the President S.J. 506
Signed by the Speaker H.J. 529
House of Representatives Concurred in amendments Passed, YEAS 67, NAYS 0. H.J. 507
Senate Do Pass Amended Passed, YEAS 33, NAYS 0. S.J. 426
State Affairs Certified uncontested, placed on consent S.J. 36
State Affairs Do Pass Amended Passed, YEAS 8, NAYS 0. S.J. 36
State Affairs Motion to amend S.J. 35
State Affairs Scheduled for hearing
First read in Senate and referred to Senate State Affairs S.J. 131
House of Representatives Do Pass Amended Passed, YEAS 62, NAYS 5. H.J. 153
House of Representatives Motion to amend H.J. 152
State Affairs Do Pass Amended Passed, YEAS 13, NAYS 0. H.J. 1
State Affairs Motion to amend H.J. 1
State Affairs Scheduled for hearing
First read in House and referred to House State Affairs H.J. 104
Prime sponsor · Sen.
R
Prime sponsor · Rep.
R
Concurred in amendments
State Affairs — Do Pass Amended
Do Pass Amended
State Affairs — Do Pass Amended