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Bill > SB261


MD SB261

State Board of Public Accountancy - Sunset Extension and Report


summary

Introduced
01/08/2025
In Committee
03/31/2025
Crossed Over
03/06/2025
Passed
04/02/2025
Dead
Signed/Enacted/Adopted
04/08/2025

Introduced Session

2025 Regular Session

Bill Summary

Continuing the State Board of Public Accountancy in accordance with the provisions of the Maryland Program Evaluation Act (sunset law) by extending to July 1, 2030, the termination provisions relating to the statutory and regulatory authority of the Board; and requiring the Maryland Department of Labor to submit a certain report to the Joint Audit and Evaluation Committee on or before July 1, 2028.

AI Summary

This bill extends the sunset provision for the State Board of Public Accountancy in Maryland until July 1, 2030, which means the board will continue to operate and maintain its regulatory authority for an additional five years beyond the previous expiration date. The bill also requires the Maryland Department of Labor to submit a report to the Joint Audit and Evaluation Committee by July 1, 2028, providing information about the State Board of Public Accountancy as specified by the committee. The sunset law (Maryland Program Evaluation Act) is a legislative mechanism that automatically terminates state agencies or regulations after a certain period unless they are explicitly renewed, which helps ensure periodic review of government entities. By extending the board's termination date, the bill allows the State Board of Public Accountancy to continue its important function of regulating and overseeing the accounting profession in Maryland, with the requirement of a comprehensive report to provide transparency and accountability. The bill is set to take effect on June 1, 2025.

Committee Categories

Business and Industry, Education

Sponsors (0)

No sponsors listed

Other Sponsors (1)

Education, Energy, and the Environment (S)

Last Action

Approved by the Governor - Chapter 84 (on 04/08/2025)

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