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 requirement for limited liability companies and limited liability partnerships, mandating they file their first annual report by January 31st of the year following authorization rather than following the general rule of the first day of the second month, and NARROWS the bill's scope by specifying this expedited deadline applies only to these two entity types.
The amendment clarifies the annual report filing deadline for limited liability companies and partnerships by specifying that those authorized to transact business in January must file by January 31st of that same year, while all others file by January 31st of each subsequent year. This change NARROWS and makes more precise the bill's original purpose of rescheduling filing dates by creating a distinction based on when the entity was authorized rather than applying a uniform deadline to all entities.
The amendment significantly broadens the bill from rescheduling filing dates only for limited liability companies and partnerships to covering all entities required by law to file annual reports, and it gives entities flexibility to choose between two filing date options (their formation anniversary month or January 31st) rather than imposing a single deadline. This shifts the bill from a narrow fix for specific entity types to a comprehensive filing date reform that lets entities select their preferred schedule.
The amendment converts the bill from engrossed to enrolled status, which is a procedural finalization step rather than a substantive change to the bill's content—the actual provisions about rescheduling annual report filing dates remain intact. This change reflects the bill's progression through the legislative process toward potential enactment.
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