MD HB657

Creates three alternative pathways to CPA licensure: (1) master's degree in accounting plus 1 year/2,000 hours of experience, (2) bachelor's degree plus 30 additional credit hours in accounting plus 1 year/2,000 hours of experience, or (3) bachelor's degree in accounting plus 2 years/4,000 hours of experience

Removes the current requirement of 150 semester hours for licensure, replacing it with the three pathway options described above

Extends the maximum timeframe for completing required practical work experience from 3 years to 6 years

Eliminates the requirement to complete 120 semester hours before taking the CPA examination; applicants now only need to hold a baccalaureate or higher degree

Takes effect October 1, 2026