DE HB143

Creates an alternative pathway to CPA licensure by allowing candidates to qualify with a post-baccalaureate degree or a baccalaureate degree alone, in addition to the existing 150 semester hour requirement

Requires 1 year of supervised experience for applicants with post-baccalaureate degrees or 150 semester hours, and 2 years of experience for those with only a baccalaureate degree

Removes the 120 semester hour minimum requirement for sitting for the Uniform CPA Examination, requiring only a baccalaureate or higher degree

Eliminates "substantial equivalency" provisions and replaces them with streamlined "practice privileges" allowing out-of-state CPAs with valid licenses in good standing to practice in Delaware without obtaining a separate permit

Grandfathers CPAs who held valid licenses and had practice privileges in Delaware as of December 31, 2024, allowing them to continue practicing without meeting new requirements

Takes effect July 1, 2026