SB 0385 Enacts new licensure requirements for accountants
LR Number:0680S.07P Fiscal Note:0680-07
Committee:Financial and Governmental Organization
Last Action:04/25/01 - Hearing Conducted H Professional Registration & Journal page:
Licensing Committee
Effective Date:August 28, 2001
Full Bill Text | All Actions | Available Summaries | Senate Home Page | List of 2001 Senate Bills
Current Bill Summary

SB 385 - This act repeals the current Sections 326.011 through 326.230, RSMo, which relate to the licensure of and practice of accountants. The act enacts the Missouri Accountancy Act which is similar to the American Institute of Certified Public Accountants/National Association of State Boards of Accountancy Uniform Accountancy Act. This act creates a licensure scheme based on substantial equivalency for reciprocity in the practice of accountancy. All current certified public accountants and public accountants are grandfathered but will be required to comply with continuing education requirements adopted by the board for renewal of their licenses.

The provisions of this act are contained in TAT CCS/SS/SCS/HCS/HB 567 (2001).