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MI SB1317
Bill
AI Summary
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Amends the State Board of Accountancy composition to require 9 members: 6 certified public accountants with 5+ years of practice experience and 3 public representatives (including 1 attorney).
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Designates 1 of the 9 board members as a full-time instructor of accounting above the elementary level at an accredited college or university.
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Authorizes the director to promulgate rules governing professional conduct, educational and experience requirements, continuing education, corporate practice standards, and board procedures for certified public accountants.
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Effective January 2, 2013, contingent on Senate Bill No. 1320 of the 96th Legislature being enacted into law.
Legislative Description
Businesses; professional corporations; citation to professional service corporation act in occupational code; revise. Amends sec. 721 of 1980 PA 299 (MCL 339.721). TIE BAR WITH: SB 1320'12
Businesses, professional corporations
Last Action
Assigned Pa 0566'12 With Immediate Effect 2012 Addenda
12/31/2012