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Bill > HB1137


MS HB1137

MS HB1137
Certified Public Accountants; revise education and experience requirements for licensure.


summary

Introduced
01/19/2026
In Committee
02/16/2026
Crossed Over
02/04/2026
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

An Act To Amend Section 73-33-5, Mississippi Code Of 1972, To Provide Certain Education And Experience Requirements For A Person Seeking Licensure As A Certified Public Accountant; To Require A Candidate For Licensure To Pass All Sections Of The Uniform Cpa Examination For The Initial Issuance Of A License; To Amend Section 73-33-17, Mississippi Code Of 1972, To Require The Same Education And Experience For A Person Licensed As A Cpa In Another State Who Is Seeking Practice Privileges In This State; To Bring Forward Section 73-33-9, Mississippi Code Of 1972, For The Purpose Of Possible Amendment; And For Related Purposes.

AI Summary

This bill revises the education and experience requirements for individuals seeking to become licensed Certified Public Accountants (CPAs) in Mississippi, and also clarifies the requirements for CPAs licensed in other states who wish to practice in Mississippi. For initial licensure, candidates must pass all sections of the Uniform CPA Examination and meet new educational requirements, which include either a postgraduate degree, a baccalaureate degree with 150 total credit hours, or a baccalaureate degree, all with an accounting concentration or equivalent. Additionally, candidates will need one year of experience for the higher education requirements or two years for a standard baccalaureate degree, with this experience encompassing various accounting and advisory skills. The bill also updates the rules for CPAs licensed in other states seeking "practice privileges" in Mississippi, meaning they can practice in the state without a Mississippi license, ensuring they meet similar education and examination standards as Mississippi-licensed CPAs. Finally, an existing section regarding reciprocal licenses is included for potential amendment, and the act is set to take effect on July 1, 2026.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Referred To Business and Financial Institutions (on 02/16/2026)

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