By Isett H.B. No. 784 77R497 JMM-D A BILL TO BE ENTITLED 1-1 AN ACT 1-2 relating to inactive status for a certified public accountant. 1-3 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-4 SECTION 1. Subchapter I, Chapter 901, Occupations Code, is 1-5 amended by adding Section 901.412 to read as follows: 1-6 Sec. 901.412. INACTIVE STATUS. (a) A person who holds a 1-7 license under this chapter and who is not actively engaged in the 1-8 practice of public accountancy but who intends to return to the 1-9 practice of public accountancy may apply to the board in writing to 1-10 be placed on inactive status. A person must apply for inactive 1-11 status before the expiration date of the person's license. 1-12 (b) A person is not required to pay the license fee under 1-13 Section 901.154 or the fees required by Sections 901.406 and 1-14 901.407 during the time the person is on inactive status. The 1-15 person shall pay to the board an inactive status fee in an amount 1-16 not to exceed $50 for each year the person is on inactive status. 1-17 (c) A person on inactive status may not perform any activity 1-18 regulated under this chapter. 1-19 (d) A person on inactive status is not required to meet the 1-20 continuing professional education requirements under Section 1-21 901.411 while the person is on inactive status. 1-22 (e) A person on inactive status shall notify the board in 1-23 writing in order to reenter active practice. The person shall pay 1-24 to the board the license fee required under Section 901.154 and the 2-1 appropriate fee required under Section 901.406 or 901.407 for the 2-2 year in which the person returns to active status. The board, by 2-3 rule, may prorate on a monthly basis a fee required by this 2-4 subsection so that the person pays only that portion of a fee that 2-5 is allocable to the number of months during which the person is on 2-6 active status. On payment of the fees required by this subsection, 2-7 the board shall remove the person from inactive status and place 2-8 the person on active status. 2-9 (f) A license holder who returns to active status shall 2-10 comply with the continuing professional education requirements for 2-11 the period commencing on the date the person returns to active 2-12 status. 2-13 SECTION 2. This Act takes effect September 1, 2001.