Bill > HB45

This bill modifies the requirements for becoming a licensed Certified Public Accountant (CPA) in Kentucky by allowing for alternative educational paths, such as a post-baccalaureate degree or a bachelor's degree plus additional credit hours, in addition to the existing bachelor's degree requirement, and adjusts the required years of accounting or attest experience based on the chosen educational path. It also expands the "practice privilege" for CPAs licensed in other states, allowing them to practice in Kentucky without a Kentucky license if they meet certain conditions, including holding a valid license in good standing from another state and having met equivalent educational and experience requirements, and clarifies the process for reciprocal licensure and practice privileges for those with principal places of business outside of Kentucky. Additionally, the bill repeals a section of existing law related to proof of educational requirements for previously approved candidates.