MD HB427

Authorizes the State Board of Public Accountancy to grant emeritus status to retired CPAs who have practiced at least 20 years in Maryland and are at least 60 years old, or who have at least 40 years of CPA experience

Applicants must have an active or inactive license, not be under investigation or facing disciplinary action, and attest they are retired and will not provide CPA services while on emeritus status

Exempts emeritus CPAs from continuing education requirements and reinstatement fees, and the Board must review applications within 60 days

Prohibits emeritus CPAs from practicing accountancy, signing or certifying financial statements, tax returns, or audit reports, or providing attestation services

Permits emeritus CPAs to use the title "Certified Public Accountant Emeritus" or "CPA Emeritus" as long as they do not represent themselves as authorized to practice