South Dakota currently requires existing limited partnerships to go through a conversion process to become limited liability limited partnerships, but this bill adds a new option to form one directly from the start by filing a certificate. The change streamlines the process by allowing businesses to create this partnership structure without first establishing a traditional limited partnership, while still preserving the existing conversion pathway for partnerships that are already operating.
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Signed by the Governor H.J. 496
Delivered to the Governor H.J. 480
Signed by the President S.J. 434
Signed by the Speaker H.J. 462
Senate Do Pass Amended Passed, YEAS 33, NAYS 0. S.J. 399
Commerce and Energy Certified uncontested, placed on consent S.J. 14
Commerce and Energy Do Pass Passed, YEAS 8, NAYS 0. S.J. 14
Commerce and Energy Scheduled for hearing
Senate Referred to Senate Commerce and Energy S.J. 144
First Reading Senate S.J. 131
House of Representatives Do Pass Amended Passed, YEAS 66, NAYS 0. H.J. 151
House of Representatives Motion to amend H.J. 151
House of Representatives Remove from Consent Calendar H.J. 137
Judiciary Certified uncontested, placed on consent
Judiciary Do Pass Passed, YEAS 13, NAYS 0.
Judiciary Scheduled for hearing
First read in House and referred to House Judiciary H.J. 52
Prime sponsor · Sen.
R
Prime sponsor · Rep.
R
Do Pass Amended
Commerce and Energy — Do Pass
Do Pass Amended
Judiciary — Do Pass