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A BILL TO BE ENTITLED
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AN ACT
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relating to the practice of accounting in this state by certain |
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certified public accountants licensed in other states. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 901.462, Occupations Code, is amended by |
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amending Subsection (a) and adding Subsections (a-1), (e), and (f) |
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to read as follows: |
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(a) An individual who holds a certificate or license as a |
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certified public accountant issued by another state and whose |
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principal place of business is not in this state may exercise all |
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the privileges of certificate and license holders of this state |
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without obtaining a certificate or license under this chapter if: |
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(1) the [National Association of State Boards of |
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Accountancy's National Qualification Appraisal Service has |
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verified that the other state has education, examination, and |
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experience requirements for certification or licensure that are |
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comparable to or exceed the requirements for licensure as a |
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certified public accountant of The American Institute of Certified |
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Public Accountants/National Association of State Boards of |
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Accountancy Uniform Accountancy Act and the] board determines that |
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the licensure requirements in the other state [of that Act] are |
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comparable to or exceed the licensure requirements of this chapter; |
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or |
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(2) the individual: |
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(A) is certified or licensed in the other state |
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and is in good standing in the other state; |
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(B) has passed the uniform CPA examination; |
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(C) has completed: |
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(i) a baccalaureate degree with at least |
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150 semester hours with a concentration in accounting or equivalent |
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courses; |
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(ii) a graduate degree with a concentration |
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in accounting or equivalent courses; or |
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(iii) a baccalaureate degree with a |
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concentration in accounting or equivalent courses; and |
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(D) at the time the individual's certificate or |
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license was issued, had: |
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(i) not less than one year of work |
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experience if licensed under an educational pathway comparable to |
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Paragraph (C)(i) or (ii); or |
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(ii) not less than two years of work |
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experience if licensed under an educational pathway comparable to |
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Paragraph (C)(iii). |
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(a-1) In making a determination under Subsection (a)(1), |
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the board may use the resources provided by the National |
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Association of State Boards of Accountancy's National |
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Qualification Appraisal Service, if the appraisal service has |
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reviewed the education, examination, and experience requirements |
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for certification or licensure in the other state and compared them |
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to the requirements for licensure as a certified public accountant |
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in this state. |
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(e) Notwithstanding any other provision of law, the board |
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may prohibit an individual not licensed in this state from |
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exercising the privileges of certificate and license holders of |
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this state if the board determines that the individual has not met |
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the requirements provided under Subsection (a)(2). |
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(f) An individual who is certified or licensed in another |
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state as of January 1, 2025, maintains and exercises all the |
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privileges of certificate and license holders of this state without |
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obtaining a certificate or license of this state and shall be |
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subject to the provisions [obtains from the National Association of |
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State Boards of Accountancy's National Qualification Appraisal |
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Service verification that the individual's education, examination, |
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and experience qualifications are comparable to or exceed the |
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requirements for licensure as a certified public accountant of The |
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American Institute of Certified Public Accountants/National |
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Association of State Boards of Accountancy Uniform Accountancy Act |
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and the board determines that the licensure requirements of that |
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Act are comparable to or exceed the licensure requirements] of this |
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chapter. |
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SECTION 2. This Act takes effect September 1, 2025. |