HI HB716

Clarifies that the Board of Public Accountancy may impose multiple disciplinary sanctions cumulatively against licensees, rather than being limited to only one sanction.

Increases the maximum administrative fine that the Board of Public Accountancy may impose from $1,000 to $5,000 for violations of accountancy licensing law.

Addresses recent state court interpretations that limited the Board to imposing only one listed sanction, preventing the Board from ordering fines or restitution concurrently with license suspension.

Committee notes that the previous maximum fine amount had not been revised since the 1980s and recommends reserving the higher fine amount for the most egregious violations.