Bill > HB261

This bill amends Kentucky law to allow retired certified public accountants (CPAs) to provide certain uncompensated volunteer services while maintaining their professional status. Specifically, retired CPAs who have been granted a continuing professional education waiver may now engage in volunteer activities such as preparing taxes, participating in government-sponsored business-mentoring programs, serving on nonprofit or governmental boards of directors, and serving on government-appointed advisory bodies. To do so, these retired CPAs must complete a continuing professional education waiver and affirm their understanding of the limited services they can provide and their professional responsibility to maintain the necessary competencies. The bill also makes a minor grammatical change to conform gender language in the license renewal section, changing "himself" to "himself or herself". These provisions aim to allow experienced retired CPAs to continue contributing their expertise to the community in meaningful ways while ensuring they do not engage in full professional accounting practice without current certification.

Labor and Employment

https://apps.legislature.ky.gov/record/25RS/hb261.html