Oklahoma 2024 Regular Session

Oklahoma Senate Bill SB173 Compare Versions

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4-An Act
5-ENROLLED SENATE
29+HOUSE OF REPRESENTATIVES - FLOOR VERSION
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31+STATE OF OKLAHOMA
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33+1st Session of the 59th Legislature (2023)
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35+ENGROSSED SENATE
636 BILL NO. 173 By: Dugger of the Senate
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838 and
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1040 Kendrix of the House
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1445 An Act relating to accounting; amending 59 O. S. 2021,
1546 Section 15.2, as amended by Section 2, Chapter 26,
1647 O.S.L. 2022 (59 O.S. Supp. 2022, Section 15.2), which
1748 relates to the Oklahoma Accountancy Board ; extending
1849 sunset date; providing an effective date; and
1950 declaring an emergency .
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23-SUBJECT: Oklahoma Accountancy Board
2454
2555 BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
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2756 SECTION 1. AMENDATORY 59 O.S. 2021, Section 15.2, as
2857 amended by Section 2, Chapter 26, O.S.L. 2022 (59 O.S. Supp. 2022,
2958 Section 15.2), is amended to read as follows:
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3159 Section 15.2. A. There is hereby re -created, to continue until
3260 July 1, 2023 July 1, 2028, in accordance with the provisions of the
3361 Oklahoma Sunset Law, the Oklahoma Accountancy Board. The Oklahoma
3462 Accountancy Board shall have the responsibility for administering
3563 and enforcing the Oklahoma Acc ountancy Act. The Oklahoma
3664 Accountancy Board shall be c omposed of seven (7) members, who shall
3765 have professional or practical experience in the use of accounting
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3893 services and financial matters, so as to be qualified to make
3994 judgments about the qualificati ons and conduct of persons and firms
4095 subject to regulation under the Oklahoma Accountancy Act to be
4196 appointed by the Governor and confirme d by the Senate. The numbe r
4297 of registrant members shall not be more than five, not including a
4398 firm, who shall serve terms of five (5) years. No member who has
4499 served two successive complete terms shall b e eligible for
45100 reappointment, but an appointme nt to fill an unexpired ter m shall
46101 not be considered a complete term for this purpose. One public
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49102 member shall serve cote rminously with the Governor appointing the
50103 public member. The other public member shall serve a term of five
51104 (5) years.
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53105 B. Five members shall be certified public accountants holding
54106 certificates and four shall hold permits issued pursuant to the
55107 provisions of the Oklahoma Accountancy Act, at least four of whom
56108 shall have been engaged in the practice of public accounting as a
57109 certified public accountant continuously for not less than five (5)
58110 out of the last fifteen (15) years immediately preceding their
59111 appointments. A list of qualified persons shall be compiled and
60112 submitted to the Governor by the Oklahoma Society of Certified
61113 Public Accountants from time to time as appointments of the
62114 certified public accountant Board members are required. A list of
63115 three names shall be submitted for each single appointment from
64116 which the Governor may make the appointment.
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66144 C. Two members shall be public members who are not certified
67145 public accountants. One public member shall be appoi nted by the
68146 Governor to a term cot erminous with the Governor, to serve at his or
69147 her pleasure. The other public member sh all serve a term of five
70148 (5) years and have professional or practical experience in the use
71149 of accounting services and financial matters. A list of qualified
72150 persons shall be compiled and submitted to the Governor by the
73151 Oklahoma Society of Public Account ants, Oklahoma Society of
74152 Certified Public Accountants, or successor o rganizations from time
75153 to time as appointment of the Board member is required. A list of
76154 three (3) names shall be submitted for each single appointment f rom
77155 which the Governor may ma ke the appointment.
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79156 D. Upon the expiration of the term of office, a member shall
80157 continue to serve until a qualified successor has been app ointed.
81158 Confirmation by the Senate is required during the next regular
82159 session of the Senate for the member to continu e to serve.
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84160 SECTION 2. This act shall become effective July 1, 2023.
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86161 SECTION 3. It being immediately necessary for the preservation
87162 of the public peace, health or safety, an emergency is her eby
88163 declared to exist, by reason whereof this act shall take effect and
89164 be in full force from and after its passage a nd approval.
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93-Passed the Senate the 6th day of March, 2023.
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97- Presiding Officer of the Senate
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100-Passed the House of Representatives the 18th day of April, 2023.
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104- Presiding Officer of the House
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107-OFFICE OF THE GOVERNOR
108-Received by the Office of the Governor this _______ _____________
109-day of _________________ __, 20_______, at _______ o'clock _______ M.
110-By: ____________________ _____________
111-Approved by the Governor of the State of Oklahoma this _____ ____
112-day of _________________ __, 20_______, at _______ o'clock _______ M.
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114- _________________________________
115- Governor of the State of Oklahoma
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118-OFFICE OF THE SECRETARY OF STATE
119-Received by the Office of the Secretary of State this _______ ___
120-day of __________________, 20 _______, at _______ o'clock _______ M.
121-By: _______________________________ __
166+COMMITTEE REPORT BY: COMMITTEE ON ADMINISTRATIVE RULES, dated
167+04/06/2023 - DO PASS.