AMENDMENT FOR HOUSE STATE AFFAIRS COMMITTEE ENGROSSED BILL
1161sb
___________________ moved that HB 1161 be amended as follows:
On page 5 of the House State Affairs Committee engrossed bill, delete lines 3 to 7, inclusive,
and insert "The applicant is subject to the original license fee established by § 54-4-40. If the
application of an existing licensee is for an additional location, the application need only include the
location and identity of the location manager, plus any changes from the existing license, and any
other information the director considers necessary.".
On page 6, delete lines 18 to 24, inclusive, and insert:
"
A license expires on December thirty-first. To renew a license, the licensee shall submit an
application for renewal by December first. The renewal application is subject to the renewal fee
established by § 54-4-40, proof of surety bond, and any other information as required by the director,
by rule or order. Any licensee that submits an application for renewal after December first but before
January first of the next calendar year is subject to the late fee established by § 54-4-40. After
December thirty-first, no license may be issued unless an application is filed pursuant to section 12
of this Act.".
On page 7, delete lines 1 and 2.
On page 9, delete lines 13 and 14, and insert:
"
Any money received by the division pursuant to this Act shall be deposited in the state general
fund.".
On page 9, delete lines 16 to 19, inclusive, and insert:
"
Each licensee, whether a corporation or otherwise, is subject to the annual tax imposed by § 10-43-2, measured by the net income assignable to the business in South Dakota.".