SB 899 — ACCOUNTANTS-EQUIVALENCY
Last action — Public Act . . . . . . . . . 100-0419
No card. One bill, free forever — alerts when it moves.
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✓Introduced
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✓In Committee
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✓Passed Senate
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✓Passed House
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✓To Executive
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6Enacted
This bill has been enacted into law. Introduced February 07, 2017. Enacted.
Prognosis
Where this bill stands today.
Odds of enactment
HighHow often bills like it became law.
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Enacted
Current position in the legislative process.
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1 sponsor
0 primary, 1 co-sponsors signed on.
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Cleared a recorded vote
Passed 3 recorded votes so far.
Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.
Summary
Amends the Illinois Public Accounting Act. Allows a certified public accountant (CPA) firm whose principal place of business is not in this State to have all the privileges of a CPA firm licensed under the Act without the need to obtain a license from the Department of Financial and Professional Regulation or to file notice with the Department if the CPA firm complies with specified substantial equivalency requirements; makes conforming changes. Provides that firms that do not meet the certain requirements but offer or render services in the State must hold a license issued under the Act. Provides that every application for renewal of a license by a licensed CPA who has been licensed under the Act for 3 years of more shall be accompanied or supported by evidence showing the completion of professional education as prescribed by Department rule (rather than showing the completion of 120 hours of continuing professional education each 3 years as prescribed by Department rule) and makes related changes. Effective immediately.
Bill Text
What changed in the latest version
465 added · 431 removedPlain-language change summary
The amendments to SB 899 update the Illinois Public Accounting Act by allowing CPA firms from outside the state to operate in Illinois without needing a local license, as long as they meet specific equivalency criteria. This change is significant because it simplifies the process for these out-of-state firms to provide accounting services, promoting greater competition. Additionally, the bill modifies renewal requirements for local CPAs, now requiring proof of professional education instead of a set number of continuing education hours. This shift aims to ensure that licensed CPAs maintain relevant knowledge while also streamlining the renewal process.
SB0899 EngrossedEnrolled LRB100 05774 SMS 15797 b AN ACT concerning regulation.
The Illinois Public Accounting Act is amended by changing Sections 0.03, 5.2, 13, and 16 and adding Section 14.5 as follows:
"Certificate" means a certificate issued by the Board or University or similar jurisdictions specifying an individual has successfully passed all sections and requirements of the SB0899 Enrolled - 2 - LRB100 05774 SMS 15797 b Uniform Certified Public Accountant Examination.
A certificate SB0899 Engrossed - 2 - LRB100 05774 SMS 15797 b issued by the Board or University or similar jurisdiction does not confer the ability to use the CPA title and is not equivalent to a registration or license under this Act.
"Coordinator" means the CPA Coordinator.
"Financial statement" means a structured presentation of SB0899 Enrolled - 3 - LRB100 05774 SMS 15797 b historical financial information, including, but not limited to, related notes intended to communicate an entity's economic SB0899 Engrossed - 3 - LRB100 05774 SMS 15797 b resources and obligations at a point in time or the changes therein for a period of time in accordance with generally accepted accounting principles (GAAP) or other comprehensive basis of accounting (OCBOA).
"Report" includes any form of language that disclaims an opinion when the form of language is conventionally understood to imply any positive assurance as to the reliability of the financial statements referred to or special SB0899 Enrolled - 4 - LRB100 05774 SMS 15797 b competence on the part of the person or firm issuing such language;
it includes any other form of language that is SB0899 Engrossed - 4 - LRB100 05774 SMS 15797 b conventionally understood to imply such assurance or such special knowledge or competence.
SB0899 Enrolled - 5 - LRB100 05774 SMS 15797 b "University" means the University of Illinois.
"Board" means the Board of Examiners established under SB0899 Engrossed - 5 - LRB100 05774 SMS 15797 b Section 2.
(1) holds a valid license as a certified public accountant issued by another state that the National Qualification Appraisal Service of the National Association of State Boards of Accountancy has verified to be in substantial equivalence with the CPA licensure SB0899 Enrolled - 6 - LRB100 05774 SMS 15797 b requirements of the Uniform Accountancy Act of the American Institute of Certified Public Accountants and the National SB0899 Engrossed - 6 - LRB100 05774 SMS 15797 b Association of State Boards of Accountancy;
(b) Notwithstanding any other provision of law, an individual or CPA firm who offers or renders professional services under this Section, whether in person or by mail, SB0899 Enrolled - 7 - LRB100 05774 SMS 15797 b telephone, or electronic means, shall be granted practice privileges in this State and no notice or other submission must SB0899 Engrossed - 7 - LRB100 05774 SMS 15797 b be provided by any such individual or CPA firm.
(d) An individual licensee who qualifies for practice privileges under this Section who, for any entity headquartered in this State, performs (i) a financial statement audit or SB0899 Enrolled - 8 - LRB100 05774 SMS 15797 b other engagement in accordance with Statements on Auditing Standards;
(ii) an examination of prospective financial SB0899 Engrossed - 8 - LRB100 05774 SMS 15797 b information in accordance with Statements on Standards for Attestation Engagements;
(a) A person or CPA firm that wishes to perform accountancy activities in this State, as defined in paragraph (1) of SB0899 Enrolled - 9 - LRB100 05774 SMS 15797 b subsection (a) of Section 8.05 of this Act, or use the CPA title shall make application to the Department and shall pay SB0899 Engrossed - 9 - LRB100 05774 SMS 15797 b the fee required by rule.
(ii) SB0899 Enrolled - 10 - LRB100 05774 SMS 15797 b satisfies any peer review requirements in those states in which the individuals with practice privileges under Section 5.2 have SB0899 Engrossed - 10 - LRB100 05774 SMS 15797 b their principal place of business;
8-9-13.) (225 ILCS 450/16)450/14.5 (fromnew) Ch.Sec.
14.5.
CPA Coordinator;
duties.
The Secretary shall appoint a CPA Coordinator, who shall hold a currently valid CPA license or registration.
The Coordinator shall not practice during the term of his or her appointment.
The Coordinator shall be exempt from all fees related to his or her CPA license or registration that come due during his or her employment.
In appointing the Coordinator, the Secretary shall give due consideration to recommendations made by members, SB0899 Enrolled - 11 - LRB100 05774 SMS 15797 b organizations, and associations of the CPA and accounting profession.
The Coordinator shall:
(1) act as Chairperson of the Committee, ex officio, without a vote;
(2) be the direct liaison between the Department, the profession, and CPA and accounting organizations and associations;
(3) prepare and circulate to licensees any educational and informational material that the Department deems necessary for providing guidance or assistance to licensees;
(4) appoint any necessary committees to assist in the performance of the functions and duties of the Department under this Act;
and (5) subject to the administrative approval of the Secretary, supervise all activities relating to the regulation of the CPA profession.
(225 ILCS 450/16) (from Ch.
(b) Every holder of a license or registration under this Act may renew such license or registration before the SB0899 Enrolled - 12 - LRB100 05774 SMS 15797 b expiration date upon payment of the required renewal fee as set by rule.
(c) Every application for renewal of a license by a SB0899 Engrossed - 11 - LRB100 05774 SMS 15797 b licensed CPA who has been licensed under this Act for 3 years or more shall be accompanied or supported by any evidence the Department shall prescribe, in satisfaction of completing, each 3 years, not less than 120 hours of continuing professional education as prescribed by Department rules.
SB0899 Enrolled - 13 - LRB100 05774 SMS 15797 b Failure by an applicant for renewal of a license as a licensed CPA to furnish the evidence shall constitute grounds for disciplinary action, unless the Department in its SB0899 Engrossed - 12 - LRB100 05774 SMS 15797 b discretion shall determine the failure to have been due to reasonable cause.
by requiring SB0899 Enrolled - 14 - LRB100 05774 SMS 15797 b the filing of continuing education certificates with the Department;
The Department may establish, by rule, guidelines for SB0899 Engrossed - 13 - LRB100 05774 SMS 15797 b acceptance of continuing education on behalf of licensed CPAs taking continuing education courses in other jurisdictions.
A CPA firm or sole practitioner shall undergocomply itswith firstthe peerDepartment's reviewrules duringadopted under this Act and agree to notify the firstPeer fullReview renewalAdministrator cyclewithin 30 days after itaccepting isan grantedengagement itsfor initialservices license.requiring a license under this Act and to undergo a peer review within 18 months after SB0899 Enrolled - 15 - LRB100 05774 SMS 15797 b the end of the period covered by the engagement.
Theundergo requirementsits offirst thispeer subsectionreview (e)during shall not apply to any person providing services requiring a license under this Act to the extentfirst thatfull suchrenewal servicescycle areafter providedit inis thegranted capacity of an employee of the Office of the Auditor General or to a nonprofit cooperative association engaged in the rendering SB0899 Engrossed - 14 - LRB100 05774 SMS 15797 b of licensed service to its membersinitial onlylicense. under paragraph (3) of Section 14.4 of this Act or any of its employees to the extent that such services are provided in the capacity of an employee of the association.
The requirements of this subsection (e) shall not apply to any person providing services requiring a license under this Act to the extent that such services are provided in the capacity of an employee of the Office of the Auditor General or to a nonprofit cooperative association engaged in the rendering of licensed service to its members only under paragraph (3) of Section 14.4 of this Act or any of its employees to the extent that such services are provided in the capacity of an employee of the association.
The SB0899 Enrolled - 16 - LRB100 05774 SMS 15797 b requirement that information not be publicly disclosed shall not apply to a hearing before the Department that the CPA firm or sole practitioner requests be public or to the information described in paragraph (3) of subsection (i) of this Section.
Show all 45 changed lines (5 more)
(g) If a CPA firm or sole practitioner fails to satisfactorily complete a peer review as required by subsection (e) of this Section or does not comply with any remedial SB0899 Engrossed - 15 - LRB100 05774 SMS 15797 b actions determined necessary by the Peer Review Administrator, the Peer Review Administrator shall notify the Department of the failure and shall submit a record with specific references to the rule, statutory provision, professional standards, or other applicable authority upon which the Peer Review Administrator made its determination and the specific actions taken or failed to be taken by the licensee that in the opinion of the Peer Review Administrator constitutes a failure to comply.
The Peer Review Administrator may charge a fee to each firm and sole practitioner sufficient SB0899 Enrolled - 17 - LRB100 05774 SMS 15797 b to cover costs of administering the peer review program.
SB0899 Engrossed - 16 - LRB100 05774 SMS 15797 b The sole practitioner or CPA firm shall, at the request of the Department, submit to the Department a letter from the organization administering the most recent peer review stating the date on which the peer review was completed;
or (3) For reasons of personal health, military service, or other good cause, the Department determines that the SB0899 Enrolled - 18 - LRB100 05774 SMS 15797 b sole practitioner or firm is entitled to an exemption, which may be granted for a period of time not to exceed 12 months.
(j) If a peer review report indicates that a CPA firm or sole practitioner complies with the appropriate professional standards and practices set forth in the rules of the Department and no further remedial action is required, the Peer Review Administrator shall, after issuance of the final letter SB0899 Engrossed - 17 - LRB100 05774 SMS 15797 b of acceptance, destroy all working papers and documents related to the peer review, other than report-related documents and documents evidencing completion of remedial actions, if any, in accordance with rules established by the Department.
Show all 45 changed rows (5 more)
Action History
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Public Act . . . . . . . . . 100-0419
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Effective Date August 25, 2017
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Governor Approved
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Sent to the Governor
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Passed Both Houses
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Senate Concurs
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House Floor Amendment No. 1 Senate Concurs 053-000-000
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House Floor Amendment No. 1 Motion To Concur Recommended Do Adopt Licensed Activities and Pensions; 010-000-000
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House Floor Amendment No. 1 Motion to Concur Assignments Referred to Licensed Activities and Pensions
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House Floor Amendment No. 1 Motion to Concur Referred to Assignments
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House Floor Amendment No. 1 Motion to Concur Filed with Secretary Sen. Pamela J. Althoff
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Placed on Calendar Order of Concurrence House Amendment(s) 1 - May 30, 2017
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Secretary's Desk - Concurrence House Amendment(s) 1
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Third Reading - Short Debate - Passed 087-022-000
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Final Action Deadline Extended-9(b) May 31, 2017
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Added Alternate Chief Co-Sponsor Rep. Patricia R. Bellock
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Placed on Calendar Order of 3rd Reading - Short Debate
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House Floor Amendment No. 1 Adopted
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Second Reading - Short Debate
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Added Alternate Chief Co-Sponsor Rep. David B. Reis
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House Floor Amendment No. 1 Recommends Be Adopted Business & Occupational Licenses Committee; 005-000-000
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House Floor Amendment No. 1 Rules Refers to Business & Occupational Licenses Committee
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House Floor Amendment No. 1 Referred to Rules Committee
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House Floor Amendment No. 1 Filed with Clerk by Rep. Robert Rita
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Placed on Calendar 2nd Reading - Short Debate
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Do Pass / Short Debate Business & Occupational Licenses Committee; 005-000-000
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Assigned to Business & Occupational Licenses Committee
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Referred to Rules Committee
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First Reading
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Chief House Sponsor Rep. Robert Rita
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Arrived in House
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Third Reading - Passed; 055-000-000
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Placed on Calendar Order of 3rd Reading March 16, 2017
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Second Reading
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Placed on Calendar Order of 2nd Reading March 2, 2017
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Do Pass Licensed Activities and Pensions; 011-000-000
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Assigned to Licensed Activities and Pensions
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Referred to Assignments
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First Reading
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Filed with Secretary by Sen. Pamela J. Althoff
Sponsors
- Pamela J. Althoff · Cosponsor
Sponsorship breakdown
Export CSV (upgrade) →0 sponsors · 1 co-sponsors · 182 not signed on · 13 voted No
Sponsors (0)
None.
Co-sponsors (1)
- Pamela J. Althoff
Not signed on (182)
182 members have not signed on to this bill.
Show all 182 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Votes
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 32 | 0 | 0 | 5 |
| Republican | 7 | 0 | 0 | 1 |
| Democrat | 14 | 0 | 0 | 0 |
| Total | 53 | 0 | 0 | 6 |
| % of votes cast | 90% | 0% | 0% | 10% |
How each member voted (59)
| Member | Party | Vote |
|---|---|---|
| Bertino-Tarrant | — | Yea |
| Biss | — | Yea |
| Bivins | — | Yea |
| McCarter | — | Yea |
| McConnaughay | — | Not Voting |
| Muñoz | — | Yea |
| Nybo | — | Yea |
| Martinez | — | Yea |
| McCann | — | Yea |
| Mulroe | — | Yea |
| Righter | — | Yea |
| Bush | — | Yea |
| Steans | — | Yea |
| Rooney | — | Yea |
| Trotter | — | Yea |
| Harris | — | Yea |
| Bennett | — | Yea |
| McGuire | — | Yea |
| Brady | — | Yea |
| Hutchinson | — | Yea |
| Landek | — | Yea |
| Cullerton | — | Yea |
| Manar | — | Yea |
| Cullerton, T. | — | Yea |
| Oberweis | — | Yea |
| Silverstein | — | Not Voting |
| Clayborne | — | Yea |
| Connelly | — | Yea |
| Haine | — | Not Voting |
| Radogno | — | Yea |
| Raoul | — | Yea |
| Sandoval | — | Yea |
| Schimpf | — | Yea |
| Link | — | Yea |
| Althoff | — | Yea |
| Barickman | — | Not Voting |
| Van Pelt | — | Not Voting |
| Bill Cunningham | Democrat | Yea |
| Cristina Castro | Democrat | Yea |
| David Koehler | Democrat | Yea |
| Don Harmon | Democrat | Yea |
| Emil Jones, III | Democrat | Yea |
| Julie A. Morrison | Democrat | Yea |
| Kimberly A. Lightford | Democrat | Yea |
| Lakesia Collins | Democrat | Yea |
| Laura M. Murphy | Democrat | Yea |
| Linda Holmes | Democrat | Yea |
| Mattie Hunter | Democrat | Yea |
| Michael E. Hastings | Democrat | Yea |
| Omar Aquino | Democrat | Yea |
| Steve Stadelman | Democrat | Yea |
| Chapin Rose | Republican | Yea |
| Dale Fowler | Republican | Yea |
| Dan McConchie | Republican | Yea |
| Dave Syverson | Republican | Not Voting |
| Jil Tracy | Republican | Yea |
| Neil Anderson | Republican | Yea |
| Sue Rezin | Republican | Yea |
| Travis Weaver | Republican | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 58 | 9 | 0 | 7 |
| Republican | 5 | 6 | 0 | 1 |
| Democrat | 24 | 7 | 0 | 1 |
| Total | 87 | 22 | 0 | 9 |
| % of votes cast | 74% | 19% | 0% | 8% |
How each member voted (118)
| Member | Party | Vote |
|---|---|---|
| Batinick | — | Not Voting |
| Beiser | — | Yea |
| Bellock | — | Yea |
| Bourne | — | Nay |
| Breen | — | Yea |
| Butler | — | Yea |
| Conyears-Ervin | — | Yea |
| Lang | — | Yea |
| McAuliffe | — | Yea |
| McSweeney | — | Yea |
| Skillicorn | — | Yea |
| Harris, David | — | Yea |
| Sauer | — | Yea |
| Harris, Gregory | — | Yea |
| Bennett | — | Yea |
| Stratton | — | Yea |
| Hernandez | — | Yea |
| Brady | — | Yea |
| Tabares | — | Yea |
| Thapedi | — | Yea |
| Turner | — | Yea |
| Burke, Daniel | — | Yea |
| Burke, Kelly | — | Yea |
| Unes | — | Yea |
| Jones | — | Yea |
| Wallace | — | Yea |
| Wehrli | — | Yea |
| Davis | — | Yea |
| Currie | — | Yea |
| D'Amico | — | Yea |
| Demmer | — | Yea |
| Greenwood | — | Yea |
| Hays | — | Yea |
| Hurley | — | Yea |
| Ives | — | Yea |
| Jesiel | — | Yea |
| Jimenez | — | Yea |
| Mitchell, Bill | — | Yea |
| Long | — | Nay |
| Wheeler, Barbara | — | Yea |
| Mitchell, Christian | — | Yea |
| Wheeler, Keith | — | Yea |
| Madigan | — | Yea |
| Williams | — | Yea |
| McAsey | — | Not Voting |
| McDermed | — | Nay |
| Olsen | — | Nay |
| Phelps | — | Nay |
| Sente | — | Nay |
| Stewart | — | Not Voting |
| Welter | — | Yea |
| Willis | — | Yea |
| Winger | — | Yea |
| Yingling | — | Nay |
| Zalewski | — | Yea |
| Cavaletto | — | Not Voting |
| Conroy | — | Nay |
| Costello | — | Nay |
| Drury | — | Not Voting |
| Durkin | — | Yea |
| Flowers | — | Yea |
| Fortner | — | Yea |
| Frese | — | Yea |
| Nekritz | — | Yea |
| Parkhurst | — | Yea |
| Phillips | — | Not Voting |
| Pritchard | — | Not Voting |
| Reis | — | Yea |
| Riley | — | Yea |
| Sommer | — | Yea |
| Soto | — | Yea |
| Andersson | — | Yea |
| Arroyo | — | Yea |
| Chapa LaVia | — | Yea |
| Anna Moeller | Democrat | Yea |
| Anthony DeLuca | Democrat | Yea |
| Camille Y. Lilly | Democrat | Yea |
| Carol Ammons | Democrat | Yea |
| Elgie R. Sims, Jr. | Democrat | Not Voting |
| Emanuel "Chris" Welch | Democrat | Yea |
| Fred Crespo | Democrat | Yea |
| Jaime M. Andrade, Jr. | Democrat | Yea |
| Jay Hoffman | Democrat | Nay |
| Jehan Gordon-Booth | Democrat | Yea |
| Julie A. Morrison | Democrat | Nay |
| Justin Slaughter | Democrat | Yea |
| Katie Stuart | Democrat | Nay |
| Kelly M. Cassidy | Democrat | Yea |
| La Shawn K. Ford | Democrat | Yea |
| Laura Fine | Democrat | Yea |
| Lawrence "Larry" Walsh, Jr. | Democrat | Yea |
| Marcus C. Evans, Jr. | Democrat | Yea |
| Martin J. Moylan | Democrat | Nay |
| Michael W. Halpin | Democrat | Nay |
| Michelle Mussman | Democrat | Nay |
| Natalie A. Manley | Democrat | Yea |
| Rita Mayfield | Democrat | Yea |
| Robert "Bob" Rita | Democrat | Yea |
| Robert F. Martwick | Democrat | Yea |
| Robyn Gabel | Democrat | Yea |
| Sara Feigenholtz | Democrat | Yea |
| Sonya M. Harper | Democrat | Yea |
| Stephanie A. Kifowit | Democrat | Yea |
| Sue Scherer | Democrat | Nay |
| Theresa Mah | Democrat | Yea |
| Will Guzzardi | Democrat | Yea |
| Brad Halbrook | Republican | Not Voting |
| Charles Meier | Republican | Nay |
| Christopher "C.D." Davidsmeyer | Republican | Nay |
| Dan Swanson | Republican | Nay |
| Dave Severin | Republican | Nay |
| Joe C. Sosnowski | Republican | Nay |
| John M. Cabello | Republican | Yea |
| Norine K. Hammond | Republican | Yea |
| Ryan Spain | Republican | Yea |
| Steven Reick | Republican | Yea |
| Terri Bryant | Republican | Nay |
| Tony M. McCombie | Republican | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 33 | 0 | 0 | 4 |
| Republican | 8 | 0 | 0 | 0 |
| Democrat | 14 | 0 | 0 | 0 |
| Total | 55 | 0 | 0 | 4 |
| % of votes cast | 93% | 0% | 0% | 7% |
How each member voted (59)
| Member | Party | Vote |
|---|---|---|
| Bertino-Tarrant | — | Not Voting |
| Biss | — | Yea |
| Bivins | — | Yea |
| Muñoz | — | Yea |
| Landek | — | Yea |
| Rooney | — | Yea |
| Link | — | Yea |
| Manar | — | Yea |
| McCann | — | Yea |
| McCarter | — | Yea |
| McConnaughay | — | Yea |
| Harris | — | Yea |
| Bennett | — | Yea |
| McGuire | — | Yea |
| Mulroe | — | Yea |
| Nybo | — | Yea |
| Oberweis | — | Yea |
| Silverstein | — | Yea |
| Steans | — | Yea |
| Brady | — | Yea |
| Cullerton | — | Yea |
| Trotter | — | Yea |
| Cullerton, T. | — | Yea |
| Bush | — | Yea |
| Clayborne | — | Not Voting |
| Connelly | — | Yea |
| Haine | — | Not Voting |
| Hutchinson | — | Yea |
| Radogno | — | Yea |
| Raoul | — | Yea |
| Righter | — | Yea |
| Sandoval | — | Yea |
| Schimpf | — | Yea |
| Althoff | — | Not Voting |
| Martinez | — | Yea |
| Barickman | — | Yea |
| Van Pelt | — | Yea |
| Bill Cunningham | Democrat | Yea |
| Cristina Castro | Democrat | Yea |
| David Koehler | Democrat | Yea |
| Don Harmon | Democrat | Yea |
| Emil Jones, III | Democrat | Yea |
| Julie A. Morrison | Democrat | Yea |
| Kimberly A. Lightford | Democrat | Yea |
| Lakesia Collins | Democrat | Yea |
| Laura M. Murphy | Democrat | Yea |
| Linda Holmes | Democrat | Yea |
| Mattie Hunter | Democrat | Yea |
| Michael E. Hastings | Democrat | Yea |
| Omar Aquino | Democrat | Yea |
| Steve Stadelman | Democrat | Yea |
| Chapin Rose | Republican | Yea |
| Dale Fowler | Republican | Yea |
| Dan McConchie | Republican | Yea |
| Dave Syverson | Republican | Yea |
| Jil Tracy | Republican | Yea |
| Neil Anderson | Republican | Yea |
| Sue Rezin | Republican | Yea |
| Travis Weaver | Republican | Yea |
Subjects
Frequently asked questions
- What does SB 899 do?
- Amends the Illinois Public Accounting Act. Allows a certified public accountant (CPA) firm whose principal place of business is not in this State to have all the privileges of a CPA firm licensed under the Act without the need to obtain a license from the Department of Financial and Professional Regulation or to file notice with the Department if the CPA firm complies with specified substantial equivalency requirements; makes conforming changes. Provides that firms that do not meet the certain requirements but offer or render services in the State must hold a license issued under the Act. Provides that every application for renewal of a license by a licensed CPA who has been licensed under the Act for 3 years of more shall be accompanied or supported by evidence showing the completion of professional education as prescribed by Department rule (rather than showing the completion of 120 hours of continuing professional education each 3 years as prescribed by Department rule) and makes related changes. Effective immediately.
- Who sponsors SB 899?
- SB 899 is sponsored by Pamela J. Althoff.
- What is the current status of SB 899?
- This bill has been enacted into law. Introduced February 07, 2017. Enacted.
- Where can I track SB 899?
- Track SB 899 free on One Click Politics — get push/email alerts when it moves.
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