04/04/2013 02:30 PM Senate FINANCE

HOUSE BILL NO. 26                                                                                                               
                                                                                                                                
"An  Act extending  the  termination date  of  the Board  of                                                                    
Public Accountancy; and providing for an effective date."                                                                       
                                                                                                                                
4:31:21 PM                                                                                                                    
                                                                                                                                
CECILE   ELLIOTT,   STAFF,   REPRESENTATIVE   MIKE   HAWKER,                                                                    
testified that  HB 26 would  extend the termination  date of                                                                    
the  Board  of  Public  Accountancy to  June  30,  2021,  as                                                                    
recommended  by  LB&A.  She   relayed  that  the  audit  had                                                                    
concluded that  the board was serving  the public's interest                                                                    
by  effectively licensing  and  regulating certified  public                                                                    
accountants.                                                                                                                    
                                                                                                                                
4:32:31 PM                                                                                                                    
                                                                                                                                
KRIS CURTIS, DIVISION OF  LEGISLATIVE AUDIT, reiterated that                                                                    
LB&A had concluded  that the board was  serving the public's                                                                    
interest  in  licensing   and  regulating  certified  public                                                                    
accountants and public accounting  firms. She added that the                                                                    
board had successfully  monitored and regulated individuals,                                                                    
and  had  successfully   developed  and  adopted  regulatory                                                                    
changes  to  improve  the profession.  She  recommended  the                                                                    
maximum 8-year extension. She  concluded that the continuing                                                                    
recommendation was  associated with efficiencies  within the                                                                    
division   of   Corporations,  Business   and   Professional                                                                    
Licensing case management system.                                                                                               
                                                                                                                                
4:34:05 PM                                                                                                                    
                                                                                                                                
Co-Chair Meyer noted the fiscal note attached to the bill.                                                                      
                                                                                                                                
4:34:49 PM                                                                                                                    
                                                                                                                                
Co-Chair Kelly MOVED  to REPORT HB 26 out  of committee with                                                                    
individual  recommendations  and   the  accompanying  fiscal                                                                    
note. There being NO OBJECTION, it was so ordered.                                                                              
                                                                                                                                
4:35:29 PM                                                                                                                    
                                                                                                                                
HB  26  was REPORTED  out  of  committee  with a  "do  pass"                                                                    
recommendation  and  with  a fiscal  impact  note  from  the                                                                    
Department of Commerce, Community and Economic Development.                                                                     
                                                                                                                                
4:36:13 PM