Texas 2023 - 88th Regular

Texas House Bill HB3520 Compare Versions

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Version 2 (New)

Old	New	Differences
1	1	88R7862 SCP-F
2	2	By: Button H.B. No. 3520
3	3
4	4
5	5	A BILL TO BE ENTITLED
6	6	AN ACT
7	7	relating to the regulation of public accountancy.
8	8	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
9	9	SECTION 1. Section 901.252, Occupations Code, is amended to
10	10	read as follows:
11	11	Sec. 901.252. ELIGIBILITY REQUIREMENTS. To be eligible to
12	12	receive a certificate, a person must:
13	13	(1) satisfy the requirements of Section 901.253;
14	14	(2) meet the education requirements established under
15	15	Section 901.254 [or 901.255];
16	16	(3) pass the uniform CPA examination;
17	17	(4) meet the work experience requirements established
18	18	under Section 901.256; and
19	19	(5) pass an examination on the rules of professional
20	20	conduct as determined by board rule.
21	21	SECTION 2. Section 901.256(a), Occupations Code, is amended
22	22	to read as follows:
23	23	(a) To be eligible to receive a certificate, a person must
24	24	complete[:
25	25	[(1) at least two years of work experience under the
26	26	supervision of a certified public accountant; or
27	27	[(2)] at least one year of work experience acceptable to
28	28	the board and under the supervision of a certified public
29	29	accountant, including experience providing a service or advice
30	30	involving accounting, attest services, management or financial
31	31	advisory or consulting services, tax services, or other services
32	32	the board considers appropriate for an accountant[, if the person:
33	33	[(A) has completed at least 150 semester hours of
34	34	college credits; or
35	35	[(B) holds a graduate degree].
36	36	SECTION 3. Section 901.304(a), Occupations Code, is amended
37	37	to read as follows:
38	38	(a) For each examination or reexamination, the board by rule
39	39	shall apportion an amount of the total examination fee among the
40	40	parts of the examination that an applicant is eligible to take on a
41	41	particular examination date. For each examination or
42	42	reexamination, the board shall collect from each applicant a fee
43	43	set by board rule not to exceed the cost of administering the parts
44	44	of the examination that the applicant is eligible to take.
45	45	SECTION 4. The heading to Section 901.310, Occupations
46	46	Code, is amended to read as follows:
47	47	Sec. 901.310. PASSAGE OF [CONDITIONAL] EXAMINATION
48	48	[CREDIT].
49	49	SECTION 5. Section 901.310(c), Occupations Code, is amended
50	50	to read as follows:
51	51	(c) The board shall consider a person to have passed an
52	52	examination if the person receives credit for each subject within
53	53	the time prescribed by the board [by receiving conditional credit
54	54	after September 1, 1989, and passing the remaining subjects within
55	55	the six consecutive examinations following the examination for
56	56	which the person receives conditional credit].
57	57	SECTION 6. Section 901.311, Occupations Code, is amended to
58	58	read as follows:
59	59	Sec. 901.311. RESTRUCTURE OF EXAMINATION. On the
60	60	restructuring of [If] the uniform CPA examination [is
61	61	restructured], the board by rule shall determine the manner in
62	62	which credit for a subject is integrated into the new structure.
63	63	SECTION 7. Section 901.355(a), Occupations Code, is amended
64	64	to read as follows:
65	65	(a) The holder of a certificate, license, or degree
66	66	authorizing the person to practice public accountancy in a foreign
67	67	country who on or before September 1, 2023, registered [may
68	68	register] with the board as the holder of a certificate, license, or
69	69	degree issued by the foreign country may continue to practice in
70	70	this state under that registration for as long as the person stays
71	71	in compliance with the provisions of this chapter and board rules
72	72	applicable to the person[, if the board determines that the
73	73	standards under which the applicant was certified or otherwise
74	74	authorized to practice public accountancy were at least as high as
75	75	the standards of this state at the time that authority was granted].
76	76	SECTION 8. The following provisions of the Occupations Code
77	77	are repealed:
78	78	(1) Section 901.255;
79	79	(2) Sections 901.310(a) and (b); and
80	80	(3) Sections 901.355(b) and (c).
81	81	SECTION 9. This Act takes effect immediately if it receives
82	82	a vote of two-thirds of all the members elected to each house, as
83	83	provided by Section 39, Article III, Texas Constitution. If this
84	84	Act does not receive the vote necessary for immediate effect, this
85	85	Act takes effect September 1, 2023.