Public Accountancy; revises and makes several amendments to public accounting statute. (SB1395)
Introduced By
Sen. Walter Stosch (R-Glen Allen)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Public Accountancy. Revises and makes several amendments to the public accounting statute including: (i) clarification of the CPA title as a practice designation, (ii) setting out requirements and standards for the issuance of an individual and a firm license, for obtaining a license through renewal, reinstatement or the lifting of a suspension, and (iv) detailing standards of conduct and practice for the profession. The bill also authorizes the Board of Accountancy to enter into confidential consent orders. In addition, the bill provides that all attest or compilation services provided in the state must be under the supervision of a person who holds a Virginia license, or meets the requirements for using the CPA title in Virginia under substantial equivalency, and must be carried out in conformity with standards of conduct and practice. Read the Bill »
Status
03/23/2007: signed by governor
History
Date | Action |
---|---|
01/19/2007 | Presented and ordered printed 071502824 |
01/19/2007 | Referred to Committee on General Laws and Technology |
01/24/2007 | Impact statement from DPB (SB1395) |
01/26/2007 | Constitutional reading dispensed (38-Y 0-N) |
01/29/2007 | Read second time |
01/29/2007 | Reading of amendment waived |
01/29/2007 | Committee amendment agreed to |
01/29/2007 | Engrossed by Senate as amended SB1395E |
01/29/2007 | Printed as engrossed 071502824-E |
01/30/2007 | Read third time and passed Senate (40-Y 0-N) |
01/30/2007 | Communicated to House |
02/03/2007 | Placed on Calendar |
02/03/2007 | Read first time |
02/03/2007 | Referred to Committee on General Laws |
02/04/2007 | Impact statement from DPB (SB1395E) |
02/05/2007 | Assigned GL sub: #4 Prof./Occup./Admin. (Cosgrove) |
02/15/2007 | Reported from General Laws with amendment (22-Y 0-N) (see vote tally) |
02/19/2007 | Read second time |
02/20/2007 | Read third time |
02/20/2007 | Committee amendment agreed to |
02/20/2007 | Engrossed by House as amended |
02/20/2007 | Passed House with amendment BLOCK VOTE (99-Y 0-N) |
02/20/2007 | VOTE: BLOCK VOTE PASSAGE (99-Y 0-N) (see vote tally) |
02/22/2007 | House amendment agreed to by Senate (40-Y 0-N) |
02/22/2007 | VOTE: (40-Y 0-N) (see vote tally) |
03/08/2007 | Enrolled |
03/08/2007 | Bill text as passed Senate and House (SB1395ER) |
03/08/2007 | Signed by Speaker |
03/11/2007 | Signed by President |
03/19/2007 | Impact statement from DPB (SB1395ER) |
03/23/2007 | G Approved by Governor-Chapter 804 (effective 7/1/07) |
04/10/2007 | G Acts of Assembly Chapter text (CHAP0804) |