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2024 SESSION

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SB 463 Accountancy, Board of; powers and duties, repeals requirement for an annual audit of the Board.

Introduced by: T. Travis Hackworth | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED SENATE: (all summaries)

Board of Accountancy; powers and duties. Repeals the requirement for an annual audit of the Board of Accountancy and amends several Code provisions relating to the Board. The bill changes the Secretariat of the Board from the Secretary of Commerce and Trade to the Secretary of Finance. The bill authorizes the Board to initiate complaints against (i) individuals or firms claiming to hold a Virginia license, as defined in the bill, and (ii) unlicensed individuals or firms using the certified public accountant title in Virginia, as defined in the bill. The bill also grants the Executive Director of the Board the power to request and receive reports from the Central Criminal Records Exchange in conjunction with the Executive Director's investigative and enforcement powers. Finally, the bill directs the Board to adopt emergency regulations to implement the provisions of the bill. This bill is identical to HB 1337. 

FULL TEXT

• 01/09/24  Senate: Prefiled and ordered printed; offered 01/10/24 24104472D  pdf | impact statement
• 01/24/24  Senate: Committee substitute printed 24106014D-S1  pdf | impact statement
• 02/26/24  Senate: Bill text as passed Senate and House (SB463ER)  pdf | impact statement
• 04/08/24  Governor: Acts of Assembly Chapter text (CHAP0677)  pdf

AMENDMENTS

• Senate committee, floor amendments and substitutes offered

HISTORY

• 01/09/24  Senate: Prefiled and ordered printed; offered 01/10/24 24104472D
• 01/09/24  Senate: Referred to Committee on General Laws and Technology
• 01/24/24  Senate: Reported from General Laws and Technology with substitute (15-Y 0-N)
• 01/24/24  Senate: Committee substitute printed 24106014D-S1
• 01/26/24  Senate: Constitutional reading dispensed (37-Y 0-N)
• 01/29/24  Senate: Read second time
• 01/29/24  Senate: Reading of substitute waived
• 01/29/24  Senate: Committee substitute agreed to 24106014D-S1
• 01/29/24  Senate: Engrossed by Senate - committee substitute SB463S1
• 01/30/24  Senate: Read third time and passed Senate (40-Y 0-N)
• 02/13/24  House: Placed on Calendar
• 02/13/24  House: Read first time
• 02/13/24  House: Referred to Committee on General Laws
• 02/15/24  House: Reported from General Laws (22-Y 0-N)
• 02/19/24  House: Read second time
• 02/20/24  House: Read third time
• 02/20/24  House: Passed House BLOCK VOTE (98-Y 0-N)
• 02/20/24  House: VOTE: Block Vote Passage (98-Y 0-N)
• 02/26/24  Senate: Enrolled
• 02/26/24  Senate: Bill text as passed Senate and House (SB463ER)
• 02/26/24  House: Signed by Speaker
• 02/29/24  Senate: Signed by President
• 03/11/24  Senate: Enrolled Bill Communicated to Governor on March 11, 2024
• 03/11/24  Governor: Governor's Action Deadline 11:59 p.m., April 8, 2024
• 04/08/24  Governor: Approved by Governor-Chapter 677 (effective 7/1/24)
• 04/08/24  Governor: Acts of Assembly Chapter text (CHAP0677)