SB 1042

  • Virginia Senate Bill
  • 2025 Regular Session
  • Introduced in Senate Jan 07, 2025
  • Passed Senate Jan 31, 2025
  • Passed House Feb 11, 2025
  • Signed by Governor Mar 24, 2025

Certified public accountant; educational requirements to qualify for CPA licensure.

Abstract

Certified public accountant; educational requirements. Clarifies education and experience requirements for candidates to qualify for CPA licensure. The bill also provides that, to qualify for practice privileges within the Commonwealth, an individual must have a license in good standing in another jurisdiction and have passed the CPA examination. The bill directs the Board of Accountancy to adopt emergency regulations to implement the provisions of the bill. The bill contains technical amendments. This bill is identical to HB 2042.

An Act to amend and reenact ยงยง 54.1-4400, 54.1-4403, 54.1-4409.1, 54.1-4409.2, 54.1-4411, 54.1-4412.1, 54.1-4413.4, 54.1-4414 and 54.1-4425 of the Code of Virginia, relating to certified public accountant; educational requirements.

Bill Sponsors (1)

Votes


Actions


Mar 24, 2025

Office of the Governor

Approved by Governor-Chapter 539 (Effective 07/01/25)

Office of the Governor

Acts of Assembly Chapter text (CHAP0539)

Feb 20, 2025

Senate

Enrolled Bill Communicated to Governor on February 20, 2025

Office of the Governor

Governor's Action Deadline 11:59 p.m., March 24, 2025

Feb 16, 2025

Senate

Signed by President

Feb 13, 2025

Senate

Enrolled

Senate

Bill text as passed Senate and House (SB1042ER)

House

Signed by Speaker

Senate

Fiscal Impact Statement from Department of Planning and Budget (SB1042)

Feb 11, 2025

House

Read third time

House

Passed House (94-Y 0-N)

Feb 10, 2025

House

Read second time

Feb 06, 2025

House

Placed on Calendar

House

Read first time

House

Reported from General Laws (21-Y 0-N)

House

Referred to Committee on General Laws

Jan 31, 2025

Senate

Fiscal Impact Statement from Department of Planning and Budget (SB1042)

Senate

Read second time

Senate

Reading of amendment waived

Senate

General Laws and Technology Amendment agreed to

Senate

Engrossed by Senate as amended

Senate

Printed as engrossed 25101090D-E

Senate

Rules suspended

Senate

Constitutional reading dispensed (on 3rd reading) (40-Y 0-N)

Senate

Passed Senate (40-Y 0-N)

Jan 30, 2025

Senate

Passed by for the day

Senate

Constitutional reading dispensed (on 1st reading) (39-Y 0-N 1-A)

Senate

Rules suspended

Jan 29, 2025

Senate

Reported from Finance and Appropriations (14-Y 0-N)

Jan 15, 2025

Senate

Reported from General Laws and Technology with amendment and rereferred to Finance and Appropriations (15-Y 0-N)

Jan 13, 2025

Senate

Fiscal Impact Statement from Department of Planning and Budget (SB1042)

Jan 07, 2025

Senate

Referred to Committee on General Laws and Technology

Senate

Prefiled and ordered printed; Offered 01-08-2025 25101090D

Bill Text

Bill Text Versions Format
Chaptered HTML PDF
Enrolled HTML PDF
Engrossed HTML PDF
General Laws and Technology Amendment HTML
Introduced HTML PDF

Related Documents

Document Format
Fiscal Impact Statement from Department of Planning and Budget (SB1042) PDF PDF

Sources

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