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Bill > HB887


MD HB887

MD HB887
Accountants - Licensed Out-of-State Practice Privileges - Qualifications


summary

Introduced
01/30/2025
In Committee
04/03/2025
Crossed Over
02/25/2025
Passed
04/05/2025
Dead
Signed/Enacted/Adopted
05/06/2025

Introduced Session

2025 Regular Session

Bill Summary

Altering the qualifications for an individual licensed as a certified public accountant in another state to practice certified public accountancy in the State by requiring that the individual must have passed the Uniform CPA Examination when qualifying for the license in the other state.

AI Summary

This bill modifies the requirements for out-of-state certified public accountants (CPAs) to practice in Maryland. Currently, out-of-state CPAs can practice in Maryland if they have a valid license from another state and their licensing requirements have been verified by the National Association of State Boards of Accountancy (NASBA) as substantially equivalent to the Uniform Accountancy Act. The bill changes this by specifically requiring that the out-of-state CPA must have passed the Uniform CPA Examination when originally qualifying for their license in their home state. This means that simply having a license from another state is no longer sufficient; the individual must have demonstrated their professional competence by passing the standardized CPA exam. The bill maintains other existing provisions, such as the practice privilege allowing out-of-state CPAs to work in Maryland by mail, telephone, or electronic communication without additional fees or notifications, and requiring them to consent to Maryland's Board jurisdiction and regulations. The changes will take effect on October 1, 2025, and aim to ensure a consistent standard of professional qualification for CPAs practicing across state lines.

Committee Categories

Business and Industry, Education

Sponsors (6)

Last Action

Approved by the Governor - Chapter 407 (on 05/06/2025)

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