summary
Introduced
02/21/2025
02/21/2025
In Committee
05/14/2025
05/14/2025
Crossed Over
05/05/2025
05/05/2025
Passed
Dead
Introduced Session
2025-2026 Regular Session
Bill Summary
An act to amend Sections 5081, 5082.3, 5082.4, 5082.5, 5087, 5088, 5090, 5094, 5095, 5096, 5096.1, 5096.4, 5096.12, 5096.20, 5096.21, and 5096.22 of, to amend and repeal Sections 5093, 5093.5, 5094.3, and 5094.6 of, to add Sections 5035.4, 5093.2, and 5093.3 to, and to repeal Sections 5086 and 5092 of, the Business and Professions Code, relating to professions and vocations.
AI Summary
This bill proposes several significant changes to the California Board of Accountancy's regulations for certified public accountants (CPAs), with key provisions aimed at updating education, examination, and licensure requirements. The bill establishes an alternative set of qualifications for CPA licensure, effective January 1, 2027, which includes completing an accounting concentration from a board-recognized U.S. institution of higher education, instead of the current prescribed course units. It modifies requirements for out-of-state CPAs practicing in California, removing certain existing restrictions on practice privileges and creating a more flexible framework for professionals from other states. The bill allows the board to authorize licenses for accountants from other states with comparable licensure requirements, expands the board's ability to regulate experience requirements, and requires the board to adopt emergency regulations to implement these changes. Additionally, the bill updates provisions related to ethics study, examination credits, and the board's oversight of out-of-state practitioners, with the goal of maintaining professional standards while providing more flexibility for accountants seeking licensure or practice privileges in California.
Committee Categories
Budget and Finance, Business and Industry
Sponsors (1)
Last Action
Referred to Com. on B. P. & E.D. (on 05/14/2025)
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