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ME LD1789
Bill
Status
6/10/2025
Primary Sponsor
Tiffany Roberts-Lovell
Click for details
AI Summary
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Maintains the 150 semester hour education requirement with a 4-year baccalaureate or higher degree for CPA licensure in Maine
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Allows examination applicants to sit for the CPA exam after completing 120 semester hours, including required accounting and auditing courses, if they expect to complete their degree
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Removes the previous 120-day deadline for completing degree requirements after taking the examination
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Eliminates the restriction that prevented releasing exam grades or granting credit until the degree was completed within the 120-day window
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Signed into law as Public Law Chapter 297 on June 12, 2025
Legislative Description
An Act to Amend the Education Requirements in the Certified Public Accountant Licensure Laws
Licensing
Last Action
PASSED TO BE ENACTED, in concurrence.
6/10/2025