SD HB1035

Allows individuals to sit for the CPA examination if they have obtained, or are scheduled to obtain within 100 days, a bachelor's or graduate degree with an accounting concentration from an accredited institution

Establishes experience requirements for CPA certification: graduate degree holders need 1 year of accounting experience; bachelor's degree holders need either 1 year of experience plus 30 additional semester credit hours, or 2 years of experience

Permits out-of-state CPAs to practice in South Dakota without obtaining a state certificate if they passed the uniform CPA exam and meet specified education and experience requirements (bachelor's with 2 years experience or 1 year plus additional credits, or graduate degree with 1 year experience)

Grandfathers individuals who exercised practice privileges in South Dakota on or before December 31, 2024, allowing them to continue practicing without obtaining a state license

Sets maximum fee limits for various board functions, including $100 for certificate issuance/renewal, $450 per exam section, $125 for peer review administrative fees, and $1,000 for disciplinary action modifications