KY HB177 | 2018 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on March 23 2018 - 100% progression
Action: 2018-03-23 - signed by Governor (Acts, ch. 24)
Text: Latest bill text (Draft #3) [PDF]

Summary

Amend KRS 325.220 to define "peer review" as designed to promote quality in "accounting and auditing services"; change "peer review committee" to " sponsoring organization"; amend KRS 325.301 to allow an out-of-state CPA firm to perform attest services within Kentucky; exempt out-of-state CPA firms from paying the initial application fee; require firms to grant the Accountancy Board access to peer review documents maintained in Facilitated State Board Access; allow the board to appoint a peer review oversight committee to monitor the peer review program; amend KRS 325.340 to allow the board to privately reprimand CPAs and CPA firms; allow CPAs and CPA firms to apply to have minor violations removed from their professional record after ten years; limit a licensee from having his or her record expunged more than once.

Tracking Information

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Title

AN ACT relating to certified public accountants.

Sponsors


Roll Calls

2018-03-09 - House - House: Third Reading RCS# 255 (Y: 84 N: 0 NV: 0 Abs: 16) [PASS]
2018-03-06 - Senate - Senate: Third Reading W/SCS 1 RSN# 504 (Y: 38 N: 0 NV: 0 Abs: 0) [PASS]
2018-02-09 - House - House: Third Reading RCS# 114 (Y: 87 N: 0 NV: 0 Abs: 11) [PASS]

History

DateChamberAction
2018-03-23Housesigned by Governor (Acts, ch. 24)
2018-03-12Housedelivered to Governor
2018-03-12Houseenrolled, signed by President of the Senate
2018-03-12Houseenrolled, signed by Speaker of the House
2018-03-09Housepassed 84-0
2018-03-09HouseHouse concurred in Senate Committee Substitute
2018-03-08Houseposted for passage for concurrence in Senate Committee Substitute
2018-03-07Houseto Rules (H)
2018-03-07Housereceived in House
2018-03-06Senate3rd reading, passed 38-0 with Committee Substitute (1)
2018-03-05Senateposted for passage in the Consent Orders of the Day for Tuesday, March 6, 2018
2018-02-28Senate2nd reading, to Rules
2018-02-27Senatereported favorably, 1st reading, to Consent Calendar with Committee Substitute
2018-02-15Senateto Licensing, Occupations, & Administrative Regulations (S)
2018-02-12Senatereceived in Senate
2018-02-09House3rd reading, passed 87-0
2018-02-08Houseposted for passage in the Consent Orders of the Day for Friday, February 9, 2018
2018-02-08House2nd reading, to Rules
2018-02-07Housereported favorably, 1st reading, to Consent Calendar
2018-01-19Houseposted in committee
2018-01-18Housereassigned to Licensing, Occupations, & Admin Regs (H)
2018-01-17Houseto State Government (H)
2018-01-11Houseintroduced in House

Kentucky State Sources


Bill Comments

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