Oklahoma 2022 Regular Session

Oklahoma Senate Bill SB274 Compare Versions

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5353 STATE OF OKLAHOMA
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5555 1st Session of the 58th Legislature (2021)
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5757 SENATE BILL 274 By: Dugger
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6363 AS INTRODUCED
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6565 An Act relating to Oklahoma Accountancy Board ;
6666 amending 59 O.S. 2011, Section 15.2 , as last amended
6767 by section 6, Chapter 116, O.S.L. 202 0 (59 O.S. Supp.
6868 2020, Section 15.2), which rel ates to board members;
6969 modifying board members; making additional member a
7070 public member; providing an effective date; and
7171 declaring an emergency.
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7777 BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAH OMA:
7878 SECTION 1. AMENDATORY 59 O.S. 2011, Section 15.2, as
7979 last amended by Section 6, Chapter 116, O.S.L. 2020 (59 O.S. Supp.
8080 2020, Section 15.2), is amended to read as follows:
8181 Section 15.2. A. There is hereby re -created, to continue until
8282 July 1, 2023, in accordance with the provisions of the Oklahoma
8383 Sunset Law, the Oklahoma Accountancy Board. The Oklahoma
8484 Accountancy Board shall have the responsibility for administering
8585 and enforcing the Oklahoma Accountancy Act. The Oklahoma
8686 Accountancy Board shal l be composed of seven (7) members, who shall
8787 have professional or practical experience in the use of accounting
8888 services and financial matters, so as to be qualified to make
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140140 judgments about the qualifications and conduct of persons a nd firms
141141 subject to regulation under the Oklahoma Accountancy Act to be
142142 appointed by the Governor and confirmed by the Senate. The number
143143 of registrant members shall not be more than six five, not including
144144 a firm, who shall serve terms of five (5) years. No member who has
145145 served two successive complete terms shall be eligible for
146146 reappointment, but an appointment to fill an unexpired term shal l
147147 not be considered a complete term for this purpose. The pub lic
148148 member members shall serve coterminously with t he Governor
149149 appointing the public member members.
150150 B. One member shall be either a public accountant licensed and
151151 holding a permit pursuant to the provisions o f the Oklahoma
152152 Accountancy Act, or a person wi th professional or pr actical
153153 experience in the use of accounting services and financial matter s
154154 and who shall have met the educational requirements to qualify as a
155155 candidate for examination for the license of p ublic accountant as
156156 provided in subsection B o f Section 15.8 of thi s title. A list of
157157 qualified persons shall be compiled and submitted to the Governor by
158158 the Oklahoma Society of Public Accountants, or successor
159159 organization from time to time as appointme nt of the Board member is
160160 required to be made. A list of three names shall be submitted for
161161 each single appointment from which the Governor may make the
162162 appointment.
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214214 C. Five members shall be certified public accountants holding
215215 certificates and four shal l hold permits issued pursuant to the
216216 provisions of the Oklahoma Ac countancy Act, at least four o f whom
217217 shall have been engaged in the pract ice of public accounting as a
218218 certified public accountant continuously for not less than five (5)
219219 out of the last fifteen (15) years immediately preceding their
220220 appointments. A list of qualified persons shall be compiled and
221221 submitted to the Governor by t he Oklahoma Society of Certified
222222 Public Accountants from time to time as appointments of the
223223 certified public accoun tant Board members are required. A list of
224224 three names shall be su bmitted for each single appoin tment from
225225 which the Governor may make the appointment.
226226 D. C. One member Two members shall be a public member members
227227 who is are not a certified public accountant accountants or licensed
228228 public accountant accountants. The public member members shall be
229229 appointed by the Governor to a term cotermino us with the Governor.
230230 The public member members shall serve at the pleasure of the
231231 Governor.
232232 E. D. Upon the expiration of the term of office, a member shall
233233 continue to serve until a qualified successor has bee n appointed.
234234 Confirmation by the Senate is req uired during the next regular
235235 session of the Oklahoma Senate for the member to continue to serve.
236236 SECTION 2. This act shall become effective July 1, 2021.
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288288 SECTION 3. It being immediately necessary for the preservation
289289 of the public peace, health or safety, an emergency is hereby
290290 declared to exist, by reason whereof thi s act shall take effect and
291291 be in full force from and after its passage and approval.
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