bill widening out-of-state CPA practice in Texas

The text as introduced · 580 words

By: Button
H.B. No. 1764

A BILL TO BE ENTITLED

AN ACT

relating to the practice of accounting in this state by certain

certified public accountants licensed in other states.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:

SECTION 1. Section 901.462, Occupations Code, is amended by

amending Subsection (a) and adding Subsections (a-1), (e), and (f)

to read as follows:

(a) An individual who holds a certificate or license as a

certified public accountant issued by another state and whose

principal place of business is not in this state may exercise all

the privileges of certificate and license holders of this state

without obtaining a certificate or license under this chapter if:

(1) the [ National Association of State Boards of

Accountancy's National Qualification Appraisal Service has

verified that the other state has education, examination, and

experience requirements for certification or licensure that are

comparable to or exceed the requirements for licensure as a

certified public accountant of The American Institute of Certified

Public Accountants/National Association of State Boards of

Accountancy Uniform Accountancy Act and the ] board determines that

the licensure requirements in the other state [ of that Act ] are

comparable to or exceed the licensure requirements of this chapter;

or

(2) the individual :

(A) is certified or licensed in the other state

and is in good standing in the other state;

(B) has passed the uniform CPA examination;

(C) has completed:

(i) a baccalaureate degree with at least

150 semester hours with a concentration in accounting or equivalent

courses;

(ii) a graduate degree with a concentration

in accounting or equivalent courses; or

(iii) a baccalaureate degree with a

concentration in accounting or equivalent courses; and

(D) at the time the individual's certificate or

license was issued, had:

(i) not less than one year of work

experience if licensed under an educational pathway comparable to

Paragraph (C)(i) or (ii); or

(ii) not less than two years of work

experience if licensed under an educational pathway comparable to

Paragraph (C)(iii).

(a-1) In making a determination under Subsection (a)(1),

the board may use the resources provided by the National

Association of State Boards of Accountancy's National

Qualification Appraisal Service, if the appraisal service has

reviewed the education, examination, and experience requirements

for certification or licensure in the other state and compared them

to the requirements for licensure as a certified public accountant

in this state.

(e) Notwithstanding any other provision of law, the board

may prohibit an individual not licensed in this state from

exercising the privileges of certificate and license holders of

this state if the board determines that the individual has not met

the requirements provided under Subsection (a)(2).

(f) An individual who is certified or licensed in another

state as of January 1, 2025, maintains and exercises all the

privileges of certificate and license holders of this state without

obtaining a certificate or license of this state and shall be

subject to the provisions [ obtains from the National Association of

State Boards of Accountancy's National Qualification Appraisal

Service verification that the individual's education, examination,

and experience qualifications are comparable to or exceed the

requirements for licensure as a certified public accountant of The

American Institute of Certified Public Accountants/National

Association of State Boards of Accountancy Uniform Accountancy Act

and the board determines that the licensure requirements of that

Act are comparable to or exceed the licensure requirements ] of this

chapter.

SECTION 2. This Act takes effect September 1, 2025.