Texas 2025 - 89th Regular

Texas Senate Bill SB262 Compare Versions

Version 1 (Old)

Version 2 (New)

Old	New		Differences
1		-	By: Perry, Bettencourt S.B. No. 262
2		-
3		-
	1	+	By: Perry S.B. No. 262
	2	+	(In the Senate - Filed November 12, 2024; February 3, 2025,
	3	+	read first time and referred to Committee on Business & Commerce;
	4	+	March 4, 2025, reported adversely, with favorable Committee
	5	+	Substitute by the following vote: Yeas 11, Nays 0; March 4, 2025,
	6	+	sent to printer.)
	7	+	Click here to see the committee vote
	8	+	COMMITTEE SUBSTITUTE FOR S.B. No. 262 By: King
4	9
5	10
6	11		A BILL TO BE ENTITLED
7	12		AN ACT
8	13		relating to eligibility requirements to practice public
9	14		accountancy.
10	15		BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
11	16		SECTION 1. Section 901.252, Occupations Code, is amended to
12	17		read as follows:
13	18		Sec. 901.252. ELIGIBILITY REQUIREMENTS. To be eligible to
14	19		receive a certificate, a person must:
15	20		(1) satisfy the requirements of Section 901.253;
16	21		(2) complete:
17	22		(A) at least 150 semester hours or quarter-hour
18	23		equivalents in board-recognized courses, including an accounting
19	24		concentration or equivalent courses that meet the education
20	25		requirements established under Section 901.254, as determined by
21	26		board rule; or
22	27		(B) a baccalaureate degree with an accounting
23	28		concentration or equivalent courses that meet the education
24	29		requirements established under Section 901.254, as determined by
25	30		board rule;
26	31		(3) pass the uniform CPA examination;
27	32		(4) meet the work experience requirements established
28	33		under Section 901.256; and
29	34		(5) pass an examination on the rules of professional
30	35		conduct as determined by board rule.
31	36		SECTION 2. Section 901.256, Occupations Code, is amended by
32	37		adding Subsection (a-1) to read as follows:
33	38		(a-1) To be eligible to receive a certificate with a
34	39		baccalaureate degree under Section 901.252(2)(B), a person must
35	40		complete two years of experience as determined by board rule.
36	41		SECTION 3. Section 901.258(a), Occupations Code, is amended
37	42		to read as follows:
38	43		(a) The board may accept the completion of the uniform CPA
39	44		examination given by the licensing authority of another state if:
40	45		(1) the examination was prepared and graded by the
41	46		American Institute of Certified Public Accountants or, if doing so
42	47		would result in a greater degree of reciprocity with the
43	48		examination results of other states, the National Association of
44	49		State Boards of Accountancy; and
45	50		(2) the applicant met the requirements in effect in
46	51		this state, as determined by board rule, at the time the credit was
47	52		earned.
48	53		SECTION 4. Section 901.312(a), Occupations Code, is amended
49	54		to read as follows:
50	55		(a) The board may accept the partial completion of the
51	56		uniform CPA examination given by the licensing authority of another
52	57		state if:
53	58		(1) the examination was prepared and graded by the
54	59		American Institute of Certified Public Accountants or, if doing so
55	60		would result in a greater degree of reciprocity with the
56	61		examination results of other states, the National Association of
57	62		State Boards of Accountancy;
58	63		(2) the credit is active in the other state; and
59	64		(3) at the time the credit was earned, the applicant
60	65		met the requirements in effect in the other state and the other
61	66		state's standards are equal to or higher than the standards
62	67		prescribed by this chapter or a rule adopted under this chapter.
63	68		SECTION 5. As soon as practicable after the effective date
64	69		of this Act, the Texas State Board of Public Accountancy shall adopt
65	70		rules as necessary to implement the changes in law made by this Act
66	71		to Chapter 901, Occupations Code.
67		-	SECTION 6. This Act takes effect August 1, 2026.
	72	+	SECTION 6. This Act takes effect January 1, 2027.
	73	+	* * * * *