AK HB121

Removes the 150-semester-hour education requirement for CPA licensure in Alaska, requiring only a baccalaureate degree with accounting concentration and two years of experience

Extends practice privileges to out-of-state accounting firms (not just individuals) that are more than 50% owned by CPAs and have no Alaska office, eliminating prior education verification requirements for out-of-state practitioners

Allows certified public accountants licensed under AS 08.04 to qualify for private professional conservator licenses as an alternative to national guardian certification

Requires private professional conservators who obtained licensure through CPA credentials to complete one hour of mandatory conservatorship education before or within 30 days of appointment

Accounting provisions take effect January 1, 2026; conservator provisions take effect immediately