Texas 2023 - 88th Regular

Texas Senate Bill SB159 Compare Versions

Version 1 (Old)

Version 2 (New)

Old	New	Differences
1	1	S.B. No. 159
2	2
3	3
4	4	AN ACT
5	5	relating to eligibility requirements for a certified public
6	6	accountant certificate and to take the uniform CPA examination.
7	7	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
8	8	SECTION 1. Section 901.252, Occupations Code, is amended to
9	9	read as follows:
10	10	Sec. 901.252. ELIGIBILITY REQUIREMENTS. To be eligible to
11	11	receive a certificate, a person must:
12	12	(1) satisfy the requirements of Section 901.253;
13	13	(2) complete at least 150 semester hours or
14	14	quarter-hour equivalents in board-recognized courses, including an
15	15	accounting concentration or equivalent courses that meet the
16	16	education requirements established under Section 901.254 or
17	17	901.255, as determined by board rule;
18	18	(3) pass the uniform CPA examination;
19	19	(4) meet the work experience requirements established
20	20	under Section 901.256; and
21	21	(5) pass an examination on the rules of professional
22	22	conduct as determined by board rule.
23	23	SECTION 2. Section 901.254, Occupations Code, is amended to
24	24	read as follows:
25	25	Sec. 901.254. EDUCATION REQUIREMENTS. To be eligible to
26	26	take the uniform CPA examination, an applicant must:
27	27	(1) hold a baccalaureate or graduate degree, or its
28	28	equivalent as determined by board rule, conferred by a
29	29	board-recognized institution of higher education; and
30	30	(2) complete at least 120 [150] semester hours or
31	31	quarter-hour equivalents in board-recognized courses, including at
32	32	least 24 semester hours of [an] accounting [concentration] or
33	33	equivalent courses as determined by board rule.
34	34	SECTION 3. Section 901.256(a), Occupations Code, is amended
35	35	to read as follows:
36	36	(a) To be eligible to receive a certificate, a person must
37	37	complete[:
38	38	[(1) at least two years of work experience under the
39	39	supervision of a certified public accountant; or
40	40	[(2)] at least one year of work experience acceptable
41	41	to the board, including experience providing a service or advice
42	42	involving accounting, attest services, management or financial
43	43	advisory or consulting services, tax services, or other services
44	44	the board considers appropriate for an accountant, if the person:
45	45	(1) [(A)] has completed at least 150 semester hours of
46	46	college credits; or
47	47	(2) [(B)] holds a graduate degree.
48	48	SECTION 4. Sections 901.252 and 901.256(a), Occupations
49	49	Code, as amended by this Act, apply only to an application for a
50	50	public accountant certificate submitted on or after the effective
51	51	date of this Act. An application for a public accountant
52	52	certificate submitted before the effective date of this Act is
53	53	governed by the law in effect on the date the application was
54	54	submitted, and the former law is continued in effect for that
55	55	purpose.
56	56	SECTION 5. Section 901.254, Occupations Code, as amended by
57	57	this Act, applies only to an application to take an examination
58	58	submitted on or after the effective date of this Act. An
59	59	application to take an examination submitted before the effective
60	60	date of this Act is governed by the law in effect on the date the
61	61	application was submitted, and the former law is continued in
62	62	effect for that purpose.
63	63	SECTION 6. This Act takes effect September 1, 2023.
64	64	______________________________ ______________________________
65	65	President of the Senate Speaker of the House
66	66	I hereby certify that S.B. No. 159 passed the Senate on
67	67	March 21, 2023, by the following vote: Yeas 31, Nays 0; and that
68	68	the Senate concurred in House amendment on May 1, 2023, by the
69	69	following vote: Yeas 31, Nays 0.
70	70	______________________________
71	71	Secretary of the Senate
72	72	I hereby certify that S.B. No. 159 passed the House, with
73	73	amendment, on April 21, 2023, by the following vote: Yeas 140,
74	74	Nays 0, one present not voting.
75	75	______________________________
76	76	Chief Clerk of the House
77	77	Approved:
78	78	______________________________
79	79	Date
80	80	______________________________
81	81	Governor