CT HB06774

Repeals and replaces Section 20-281c of the general statutes effective July 1, 2023, governing certified public accountant (CPA) certificate requirements.

Applicants must meet good character, education, experience, and examination requirements and pay a $150 fee to receive a CPA certificate.

Applicants applying on or after October 1, 2023, receive credit for each examination section passed and have a 30-month period to pass all sections, with discretionary extensions for health, military service, or other hardship.

Education requirements include a minimum of 120 semester hours and a baccalaureate degree with accounting concentration by December 31, 1999, or 150 semester hours including a baccalaureate or higher degree after January 1, 2000.

CPA certificate holders may register annually for $40 instead of renewing a license, entitling them to use the "CPA" abbreviation and "certified public accountant" title.