TX SB262

Creates an alternative education pathway for CPA certification allowing candidates to qualify with a baccalaureate degree with an accounting concentration instead of the current 150 semester hours requirement

Requires candidates using the baccalaureate degree pathway to complete two years of work experience as determined by board rule, compared to the standard experience requirements for those meeting the 150-hour requirement

Grants the Texas State Board of Public Accountancy authority to determine by rule whether applicants from other states met Texas requirements when their exam credit was earned

Allows the board to accept partial CPA exam completion from other states if those states' standards meet or exceed standards prescribed by board rules, not just statutory requirements

Takes effect August 1, 2026, with the Texas State Board of Public Accountancy required to adopt implementing rules as soon as practicable after that date