77R8019 JMM-F
By Isett, Homer H.B. No. 784
Substitute the following for H.B. No. 784:
By Jones of Lubbock C.S.H.B. No. 784
A BILL TO BE ENTITLED
1-1 AN ACT
1-2 relating to certain retired, disabled, or inactive certified public
1-3 accountants.
1-4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-5 SECTION 1. Section 901.409, Occupations Code, is amended to
1-6 read as follows:
1-7 Sec. 901.409. FEE REDUCTION FOR RETIRED OR DISABLED PERSONS
1-8 OR PERSONS ON INACTIVE STATUS. (a) The board by rule shall [may]
1-9 establish a reduced fee, not to exceed $50, to issue or renew the
1-10 license of a person who is retired, disabled, or on inactive status
1-11 [does not engage in the practice of public accountancy because of
1-12 retirement or permanent disability].
1-13 (b) The board by rule shall provide requirements in order
1-14 for a person to be considered to be retired, disabled, or on
1-15 inactive status.
1-16 (c) In adopting a reduced fee under Subsection (a), the
1-17 board may adopt different fees for persons who are retired,
1-18 disabled, or on inactive status.
1-19 SECTION 2. Section 901.410, Occupations Code, is amended to
1-20 read as follows:
1-21 Sec. 901.410. FEE EXEMPTION FOR CERTAIN LICENSE HOLDERS. The
1-22 fee increase imposed under Section 901.406 and the additional fee
1-23 imposed under Section 901.407 do not apply to a license holder who
1-24 is:
2-1 (1) an employee of the federal government restricted
2-2 by virtue of that employment from engaging in the practice of
2-3 public accountancy outside the scope of employment; [or]
2-4 (2) an employee of a state agency that has authorized
2-5 the payment of the fee increase and additional fee for the license
2-6 holder; or
2-7 (3) retired, disabled, or on inactive status as
2-8 provided by Section 901.409.
2-9 SECTION 3. Section 901.411(d), Occupations Code, is amended
2-10 to read as follows:
2-11 (d) The board by rule may exempt certain license holders,
2-12 including license holders who are disabled, retired, on inactive
2-13 status, or not associated with accounting, as defined by board
2-14 rule, from all or part of the requirements of this section.
2-15 SECTION 4. Subchapter J, Chapter 901, Occupations Code, is
2-16 amended by adding Section 901.460 to read as follows:
2-17 Sec. 901.460. PRACTICE BY LICENSE HOLDER WHO IS RETIRED,
2-18 DISABLED, OR ON INACTIVE STATUS. (a) A license holder who is
2-19 retired, disabled, or on inactive status, as provided by Section
2-20 901.409, may not perform any activity regulated under this chapter.
2-21 (b) A person who is on inactive status under Section 901.409
2-22 shall use the word "inactive" as provided by board rule when the
2-23 person uses "CPA" or another designation described by Sections
2-24 901.451, 901.452, and 901.453.
2-25 (c) The board shall prescribe procedures for approval of a
2-26 person to be on inactive status and requirements for the person to
2-27 return to active status.
3-1 SECTION 5. This Act takes effect September 1, 2001.