KY HB363 | 2015 | Regular Session

Status

Completed Legislative Action
Spectrum: Moderate Partisan Bill (Democrat 6-1)
Status: Passed on April 1 2015 - 100% progression
Action: 2015-04-01 - signed by Governor (Acts, ch. 107)
Text: Latest bill text (Draft #2) [MS Word]

Summary

Amend KRS 325.261 to eliminate experience gained from teaching accounting courses to satisfy the one year experience requirement; clarify the five year expiration period for exam scores; amend KRS 325.270 to eliminate adding an administrative regulation for reinstating exam scores; amend KRS 325.220 to include a new service under the definition of "attest service"; establish "report" as a new definition; amend KRS 325.280 to allow applicants in good standing from foreign countries to be issued licenses to practice without taking an exam if the authority that licensed the applicant in the foreign country already regulates the issuance of reports; amend KRS 325.301 to include a new exception for firms that aren't required to obtain a license to practice in the state; to remove "financial statements" as an item that requires a signature by applicants who are responsible for signing or authorizing others to sign reports on behalf of the firm; amend KRS 325.380 to prohibit those who do not hold a CPA license from using language conventionally used by licensees on any attest services.

Tracking Information

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Title

AN ACT relating to accountancy.

Sponsors


History

DateChamberAction
2015-04-01Housesigned by Governor (Acts, ch. 107)
2015-03-24Housedelivered to Governor
2015-03-24Houseenrolled, signed by each presiding officer
2015-03-24Housereceived in House
2015-03-23Senate3rd reading, passed 37-0
2015-03-11Senatepassed over and retained in the Consent Orders of the Day
2015-03-11Senateposted for passage in the Consent Orders of the Day for Wednesday, March 11, 2015
2015-03-10Senatereported favorably, 2nd reading, to Rules as a Consent Bill
2015-03-09Senatereturned to Licensing, Occupations, & Administrative Regulations (S)
2015-03-09Senate1st reading
2015-03-09Senatetaken from Licensing, Occupations, & Administrative Regulations (S)
2015-03-03Senateto Licensing, Occupations, & Administrative Regulations (S)
2015-03-02Senatereceived in Senate
2015-03-02House3rd reading, passed 93-0 with Committee Substitute
2015-02-26Housetaken from the Consent Orders of the Day, placed in the Regular Orders of the Day for Friday, February 27, 2015
2015-02-26Houseposted for passage in the Consent Orders of the Day for Monday, March 2, 2015
2015-02-26House2nd reading, to Rules
2015-02-25Housereported favorably, 1st reading, to Consent Calendar with Committee Substitute
2015-02-11Houseposted in committee
2015-02-10Houseto Licensing & Occupations (H)
2015-02-09Houseintroduced in House

Kentucky State Sources


Bill Comments

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