SB 364 — Public Accountancy

473.306;

or (b)1.

holds an active a valid license in good standing to practice public accounting issued by another state or a Page 7 of 11 CODING:

Florida Senate - 2026 CS for SB 364 22-00295A-26580-01754-26 2026364__2026364c1 territorypassed of the United States, if the applicant has maintained good moral character and, at the time of licensure by such other state or territory, the applicant was required to show evidence of having obtained at least a baccalaureatenational, degreeregional, fromstate, an accredited college or universityterritorial andlicensing havingexamination passedthat theis Uniform CPA Examination criteria for issuance of such license were substantially equivalent to the licensureexamination criteriarequired thatby existeds. in this state at the time the license was issued;

473.306;

or (b)1.

holds an active a valid license in good standing to practice public accounting issued by another state or a territory of the United States, if the applicant has maintained good moral character and, at the time of licensure by such other state or territory, the applicant was required to show evidence of having obtained at least a baccalaureate degree from an accredited college or university and having passed the Uniform CPA Examination criteria for issuance of such license were substantially equivalent to the licensure criteria that existed in this state at the time the license was issued;

(8)(9) An international applicant who seeks licensure as a certifiedPage public8 accountant in this state must meet at least one of the14 followingCODING: requirements:

(a) Hold an active license in good standing to If the applicant has at least 5 years of experience in the practice of public accountancy in the United States or in the practice of Page 8 of 11 CODING:

Florida Senate - 2026 CS for SB 364 22-00295A-26580-01754-26 2026364__2026364c1 certified public accountancyaccountant or its equivalent in athis foreignstate countrymust thatmeet the International Qualifications Appraisal Board of the National Association of State Boards of Accountancy has determined has licensure standards that are substantially equivalent to those in the United States, or has at least 5one years of work experience that meets the requirementsfollowing ofrequirements: subsection (5), the board must waive the requirements of subsection (4) which are in excess of a baccalaureate degree.

(a) Hold an active license in good standing to If the applicant has at least 5 years of experience in the practice of public accountancy in the United States or in the practice of public accountancy or its equivalent in a foreign country that the International Qualifications Appraisal Board of the National Association of State Boards of Accountancy has determined has licensure standards that are substantially equivalent to those in the United States, or has at least 5 years of work experience that meets the requirements of subsection (5), the board must waive the requirements of subsection (4) which are in excess of a baccalaureate degree.

(b) Hold an active license in good standing to practice public accounting, or its equivalent, in a foreign country that the International Qualifications Appraisal Board of the National Association of State Boards of Accountancy has not determined has licensure standards equal to those in the United States, and the international applicant has met the requirements for education,Page work9 experience,of and14 goodCODING: moral character under subsections (4), (5), and (6) and has passed the Uniform CPA Examination.

The board shall have the authority to establish the standards for experience that meet this requirement.

(9)(10) The board may refuse to certify for licensure any Page 9 of 11 CODING:

Florida Senate - 2026 SBCS 364 22-00295A-26 2026364__ applicant who is under investigation in another state for anySB act364 that580-01754-26 would2026364c1 constituteeducation, awork violationexperience, ofand thisgood actmoral orcharacter chapterunder 455,subsections until(4), such(5), timeand as(6) the investigation is complete and disciplinaryhas proceedingspassed arethe haveUniform beenCPA terminated.Examination.

The board shall have the authority to establish the standards for experience that meet this requirement.

(9)(10) The board may refuse to certify for licensure any applicant who is under investigation in another state for any act that would constitute a violation of this act or chapter 455, until such time as the investigation is complete and disciplinary proceedings are have been terminated.

This requirement shall be administered by providers approved by the board, and a majority of the hours must shall include a review of the provisions of chapter 455 and this chapter, chapter 455, and the related administrative rules.

Subsections (1) and (3) of section 473.3141, Florida Statutes, are amended to read:

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Words stricken are deletions;

words underlined are additions.

Florida Senate - 2026 CS for SB 364 580-01754-26 2026364c1 473.3141 Certified public accountants licensed in other states.— (1) Except as otherwise provided in this chapter, An individual who holds an active license in good standing to practice public accounting in another state or a territory of the United States and who does not have an office in this state has the privileges of Florida certified public accountants and may provide public accounting services in this state without obtaining a license under this chapter or notifying or registering with the board or paying a fee if, at the time of licensure by such other state or territory, the individual was required to show evidence of having obtained at least a baccalaureate degree and having passed the Uniform CPA Examination:

(a) Holds a valid license as a certified public accountant from a state that the board or its designee has determined by rule to have adopted standards that are substantially equivalent to the certificate requirements in s.

5 of the Uniform Accountancy Act in the issuance of licenses;

or (b) Holds a valid license as a certified public accountant from a state that has not been approved by the board as having adopted standards in substantial equivalence with s.

5 of the Uniform Accountancy Act, but obtains verification from the board, or its designee, as determined by rule, that the individual’s certified public accountant qualifications are substantially equivalent to the certificate requirements in s.

5 of the Uniform Accountancy Act.

The board shall define by rule what constitutes an office.

(3) An individual certified public accountant from another Page 11 of 14 CODING:

Words stricken are deletions;

words underlined are additions.

Florida Senate - 2026 CS for SB 364 580-01754-26 2026364c1 state or a territory of the United States who practices pursuant to this section, and the firm that employs that individual, must shall both consent, as a condition of the privilege of practicing in this state:

(a) To the personal and subject matter jurisdiction and disciplinary authority of the board;

(b) To comply with this chapter and the applicable board rules;

(c) That if the individual’s license as a certified public accountant from another the state or a territory of the United States becomes invalid of the individual’s principal place of business is no longer valid, the individual must will cease offering or rendering public accounting services in this state, individually and on behalf of a firm;

and (d) To the appointment of the state board that issued the individual’s license as the agent upon whom process may be served in any action or proceeding by the board or department against the individual or firm.

Section 8.

Paragraph (c) of subsection (1), paragraph (d) of subsection (2), and paragraph (c) of subsection (3) of section 473.309, Florida Statutes, are amended to read:

473.309 Practice requirements for partnerships, corporations, and limited liability companies;

business entities practicing public accounting.— (1) A partnership may not engage in the practice of public accounting, as defined in s.

473.302(8)(a), or meet the requirements of s.

473.3101(1)(b), unless:

(c) At least one general partner is a certified public accountant of this state and holds an active license or, in the Page 12 of 14 CODING:

Words stricken are deletions;

words underlined are additions.

Florida Senate - 2026 CS for SB 364 580-01754-26 2026364c1 case of a firm that must have a license pursuant to s.

473.3101(1)(c), at least one general partner is a certified public accountant in some state and meets the requirements of s.

473.3141 s.

473.3141(1)(a) or (b).

(2) A corporation may not engage in the practice of public accounting, as defined in s.

473.302(8)(a), or meet the requirements of s.

473.3101(1)(b), unless:

(d) At least one shareholder of the corporation is a certified public accountant and holds an active license in this state or, in the case of a firm that must have a license pursuant to s.

473.3101(1)(c), at least one shareholder is a certified public accountant in some state and meets the requirements of s.

473.3141 s.

473.3141(1)(a) or (b).

(3) A limited liability company may not engage in the practice of public accounting, as defined in s.

473.302(8)(a), or meet the requirements of s.

473.3101(1)(b), unless:

(c) At least one member of the limited liability company is a certified public accountant and holds an active license in this state or, in the case of a firm that must have a license pursuant to s.

473.3101(1)(c), at least one member is a certified public accountant in some state and meets the requirements of s.

473.3141 s.

473.3141(1)(a) or (b).

Section 9.

473.311 Renewal of license.— (1) (b) A nonresident licensee seeking renewal of a license in Page 1013 of 1114 CODING:

Florida Senate - 2026 CS for SB 364 22-00295A-26580-01754-26 2026364__2026364c1 this state shall be determined to have met the continuing education requirements in s.

Section 8.10.

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