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FL S0954
Bill
Status
Introduced
12/14/2023
Primary Sponsor
Governmental Oversight and Accountability
Click for details
AI Summary
- Creates a "retired status" license option for Florida CPAs who are at least 65 years old, hold an active or inactive license in good standing, and are not subject to any disciplinary action
- Retired CPAs may serve without compensation on boards of directors, provide volunteer tax preparation, and participate in government-sponsored mentoring programs (e.g., IRS VITA, SBA SCORE) without losing retired status
- Retired licensees are exempt from continuing education requirements but may not offer or render professional services requiring their signature and CPA title
- Reactivation of a retired license requires payment of fees and completion of continuing education equal to the most recent biennium plus one-half of the standard requirements for each biennium the license was on retired status
- Updates the referenced "Uniform Accountancy Act" definition from the Seventh Edition (May 2014) to the Eighth Edition (January 2018), with an effective date of July 1, 2024
Legislative Description
Certified Public Accountants
Last Action
Laid on Table, refer to CS/HB 813
3/5/2024
Committee Referrals
Rules1/30/2024
Governmental Oversight and Accountability1/18/2024
Full Bill Text
No bill text available