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2003 SESSION
SB 1329 Board of Accountancy; powers.
Introduced by: Walter A. Stosch | all patrons ... notes | add to my profiles
SUMMARY AS PASSED: (all summaries)
Board of Accountancy; powers. Amends several Code provisions relating to the Board of Accountancy. The bill provides for the Board to establish regulations requiring continuing professional education in ethics and to maintain a list of consultants to assist in investigations and to provide expert testimony in disciplinary proceedings. The bill (i) increases the maximum penalty that may be imposed for a regulatory violation from $2,500 to $100,000, (ii) requires a certified public accountant practicing in the Commonwealth under substantial equivalency to have an unrestricted license in the state of licensure, and (iii) changes the reporting year for continuing profession education from July 1 through June 30 to January 1 through December 31 for certain transition rules. A second enactment clause authorizing the promulgation of emergency regulations is also included.
FULL TEXT
- 01/17/03 Senate: Presented & ordered printed 032877540 pdf | impact statement
- 03/03/03 Senate: Bill text as passed Senate and House (SB1329ER) pdf | impact statement
- 03/24/03 Governor: Acts of Assembly Chapter text (CHAP0291) pdf
AMENDMENTS
HISTORY
- 01/17/03 Senate: Presented & ordered printed 032877540
- 01/17/03 Senate: Referred to Committee on General Laws
- 01/22/03 Senate: Reported from General Laws (14-Y 0-N)
- 01/24/03 Senate: Constitutional reading dispensed (38-Y 0-N)
- 01/24/03 Senate: VOTE: CONST. RDG. DISPENSED R (38-Y 0-N)
- 01/27/03 Senate: Read second time and engrossed
- 01/28/03 Senate: Read third time and passed Senate (38-Y 0-N)
- 01/28/03 Senate: VOTE: PASSAGE R (38-Y 0-N)
- 01/28/03 Senate: Communicated to House
- 01/30/03 House: Placed on Calendar
- 01/30/03 House: Read first time
- 01/30/03 House: Referred to Committee on General Laws
- 02/05/03 House: Assigned to General Laws sub-committee: 4
- 02/11/03 House: Reported from General Laws with amds (22-Y 0-N)
- 02/12/03 House: Read second time
- 02/13/03 House: Read third time
- 02/13/03 House: Committee amendments No. 1, 2, 3, and 5 agreed to
- 02/13/03 House: Committee amendment No. 4 rejected
- 02/13/03 House: Amendment by Del. McQuigg agreed to
- 02/13/03 House: Engrossed by House as amended
- 02/13/03 House: Passed House with amendments (99-Y 0-N)
- 02/13/03 House: VOTE: PASSAGE (99-Y 0-N)
- 02/17/03 Senate: House Title amendment agreed to by Senate
- 02/17/03 Senate: House amendments agreed to by Senate (37-Y 0-N)
- 02/17/03 Senate: VOTE: CONCUR HOUSE AMENDMENT (37-Y 0-N)
- 03/03/03 Senate: Bill text as passed Senate and House (SB1329ER)
- 03/05/03 Senate: Enrolled
- 03/05/03 House: Signed by Speaker
- 03/06/03 Senate: Signed by President
- 03/16/03 Governor: Approved by Governor-Chapter 291 (effective-see bill)
- 03/24/03 Governor: Acts of Assembly Chapter text (CHAP0291)