H1328B1458A03296 AJB:EJH 01/13/22 #90 A03296
AMENDMENTS TO HOUSE BILL NO. 1328
Sponsor: REPRESENTATIVE HICKERNELL
Printer's No. 1458
Amend Bill, page 1, lines 20 through 22, by striking out all
of said lines and inserting
Section 1. Section 3(a)(11) of the act of May 26, 1947
(P.L.318, No.140), known as the CPA Law, is amended to read:
Amend Bill, page 2, lines 2 and 3, by striking out "AICPA's
Code of Professional Conduct " and inserting
a nationally recognized code of professional conduct
Amend Bill, page 2, by inserting between lines 7 and 8
Section 2. Section 4.2(b)(3) and (d)(4) of the act are
amended and the section is amended by adding a subsection to
read:
Amend Bill, page 2, line 10, by inserting a bracket before
"Before"
Amend Bill, page 2, line 10, by inserting after "Before"
] Except as provided under subsection (b.1), before
Amend Bill, page 3, by inserting between lines 13 and 14
(b.1) An individual may take the examination on or after the
effective date of this subsection if the board is satisfied that
the individual meets the requirements under subsection (b)(1)
and (2) and has completed a total of one hundred twenty semester
credits of post-secondary education.
Amend Bill, page 3, by inserting between lines 24 and 25
Section 3. Sections 8.9 and 12(f)(2) of the act are amended
to read:
Amend Bill, page 4, lines 17 and 18, by striking out ", such
as AICPA Facilitated State Board Access"
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Amend Bill, page 5, line 16, by striking out "Firms" and
inserting
A firm
Amend Bill, page 5, line 16, by striking out "were" and
inserting
was
Amend Bill, page 5, lines 18 through 20, by striking out "be
permitted to maintain that" in line 18 and all of lines 19 and
20 and inserting
, no later than three years before December 31, 2027, and
every three years thereafter, undergo a peer review conducted
pursuant to peer review standards adopted by the board.
Amend Bill, page 8, lines 28 and 29, by striking out "such as
AICPA Facilitated State Board Access "
Amend Bill, page 9, line 15, by striking out "such as AICPA
Facilitated State Board Access"
Amend Bill, page 13, line 12, by striking out "2" and
inserting
4
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See A03296 in
the context
of HB1328