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MS HB145

Bill

Official Source

Status

Failed

2/23/2016

Primary Sponsor

Mark Formby

Click for details

Origin

House of Representatives

2016 Regular Session

AI Summary

  • Requires every firm engaging in the practice of public accounting in Mississippi to carry errors and omissions insurance coverage of at least $100,000 per occurrence that covers all associated or registered persons with the firm.

  • Authorizes the State Board of Public Accountancy to adopt rules and regulations requiring proof of the required errors and omissions insurance coverage.

  • Effective date is July 1, 2016.

Legislative Description

Public accountants; require to have certain amount of errors and omissions coverage.

Last Action

Died In Committee

2/23/2016

Committee Referrals

Insurance2/8/2016

Full Bill Text

No bill text available