summary
Introduced
02/28/2025
02/28/2025
In Committee
05/09/2025
05/09/2025
Crossed Over
03/24/2025
03/24/2025
Passed
07/30/2025
07/30/2025
Dead
Signed/Enacted/Adopted
07/23/2025
07/23/2025
Introduced Session
34th Legislature
Bill Summary
An Act relating to the practice of accounting; relating to private professional conservators; amending Rule 17(e), Alaska Rules of Probate Procedure; and providing for an effective date.
AI Summary
This bill makes several modifications to Alaska's accounting and private professional conservator regulations. For accounting professionals, the bill simplifies education requirements for certified public accountants (CPAs), removing specific semester hour requirements while maintaining the need for a baccalaureate degree with an accounting concentration. It also expands "practice privileges" for out-of-state accounting firms and individuals, allowing them to practice in Alaska without additional licensing fees or notifications, provided they meet certain professional standards. For private professional conservators, the bill adds a new pathway to licensure by allowing CPAs to qualify for a conservator license, in addition to the existing guardianship certification route. The bill also modifies requirements for temporary licenses and mandatory education for conservators, including a provision that conservators who fail to complete a required one-hour education course within 30 days of appointment will be removed by the court. These changes aim to streamline professional licensing processes, reduce administrative barriers, and ensure professional competence in accounting and conservatorship roles. The bill will take effect on January 1, 2026, with some sections taking immediate effect.
Committee Categories
Business and Industry, Education
Sponsors (10)
Calvin Schrage (NP)*,
Matt Claman (D),
Mia Costello (R),
Julie Coulombe (R),
Alyse Galvin (NP),
Scott Kawasaki (D),
Robert Myers (R),
David Nelson (R),
Will Stapp (R),
Andi Story (D),
Last Action
EFFECTIVE DATE(S) OF LAW SEE CHAPTER (on 07/30/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://www.akleg.gov/basis/Bill/Detail/34?Root=HB121 |
BillText | https://www.akleg.gov/PDF/34/Bills/HB0121Z.PDF |
BillText | https://www.akleg.gov/PDF/34/Bills/HB0121B.PDF |
BillText | https://www.akleg.gov/PDF/34/Bills/HB0121A.PDF |
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