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RI H8128
Bill
Status
2/27/2026
Primary Sponsor
Stephen Casey
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AI Summary
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Establishes three pathways to CPA licensure: post-baccalaureate degree with 1 year experience, baccalaureate plus 30 credit hours with 1 year experience, or baccalaureate degree with 2 years experience
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Creates individual mobility practice privileges allowing CPAs licensed in good standing from other states to practice in Rhode Island without obtaining a separate license, provided they met equivalent initial licensure requirements
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Expands Board of Accountancy composition from 3 to 4 CPA members (plus 1 public member) and removes the requirement for a separate public accountant seat
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Adds administrative penalty authority allowing the board to impose fines up to $1,000 per violation for licensees and up to $2,500 per violation for unlicensed practice
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Modernizes terminology throughout the chapter, replacing "certificate" and "permit" with "license," adding definitions for AICPA, NASBA, PCAOB, and CPA Exam, and updating gendered language to gender-neutral terms
Legislative Description
Updates the state’s public accountancy act for consistency with the 9th edition of the Uniform Accountancy Act, as issued by NASBA and AICPA in July 2025.
Businesses And Professions
Last Action
Introduced, referred to House Corporations
2/27/2026