BILL NUMBER: AB 2691INTRODUCED BILL TEXT INTRODUCED BY Assembly Member Holden FEBRUARY 19, 2016 An act to amend Section 5000 of the Business and Professions Code, relating to accountants. LEGISLATIVE COUNSEL'S DIGEST AB 2691, as introduced, Holden. Accountants. Existing law, until January 1, 2020, establishes the California Board of Accountancy within the Department of Consumer Affairs. The board is responsible for the licensure and regulation of accountants and consists of licensed and nonlicensed appointed members. This bill would make nonsubstantive changes to the provision establishing the board. Vote: majority. Appropriation: no. Fiscal committee: no. State-mandated local program: no. THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS: SECTION 1. Section 5000 of the Business and Professions Code is amended to read: 5000. (a) There is in the Department of Consumer Affairs the California Board of Accountancy, which consists of 15 members, 7 of whom shall be licensees, and 8 of whom shall be public members who shall not be licentiates of the board or registered by the board. The board has the powers and duties conferred by this chapter. (b) The Governor shall appoint four of the public members, and the seven licensee members as provided in this section. The Senate Committee on Rules and the Speaker of the Assembly shall each appoint two public members. In appointing the seven licensee members, the Governor shall appoint individuals representing a cross section of the accounting profession. (c) (1) This section shall remain in effect only until January 1, 2020, and as of that date is repealed, unless a later enacted statute, that is enacted before January 1, 2020, deletes or extends that date.(d)(2) Notwithstanding any other provision of law, the repeal of this section renders the board subject to review by the appropriate policy committees of the Legislature. However, the review of the board shall be limited to reports or studies specified in this chapter and those issues identified by the appropriate policy committees of the Legislature and the board regarding the implementation of new licensing requirements.