Bill Text: NY A10648 | 2017-2018 | General Assembly | Introduced
Bill Title: Removes the three-year exemption of mandatory continuing education for newly licensed certified public accountants and public accountants.
Spectrum: Partisan Bill (Democrat 3-0)
Status: (Passed) 2018-12-21 - signed chap.413 [A10648 Detail]
Download: New_York-2017-A10648-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 10648 IN ASSEMBLY May 10, 2018 ___________ Introduced by M. of A. STIRPE -- read once and referred to the Committee on Higher Education AN ACT to amend the education law, in relation to removing the three- year exemption of mandatory continuing education for newly licensed certified public accountants and public accountants The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Paragraph b of subdivision 1 of section 7409 of the educa- 2 tion law, as amended by chapter 651 of the laws of 2008, is amended to 3 read as follows: 4 b. [Certified public accountants and public accountants shall be5exempt from the mandatory continuing education requirement for the6triennial registration period during which they are first licensed by7the department.] In accordance with the intent of this section, adjust- 8 ments to the mandatory continuing education requirement may be granted 9 by the department for reasons of health certified by a physician, for 10 extended active duty with armed forces of the United States, or for 11 other good cause acceptable to the department which may prevent compli- 12 ance. 13 § 2. This act shall take effect January 1, 2020. Effective immediate- 14 ly, the addition and/or repeal of any rule or regulation necessary for 15 the implementation of this act on its effective date are authorized and 16 directed to be made on or before such effective date. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD15618-03-8