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Senate Bill 49

Actions | Amendments
Last Action signed by Governor (Acts Ch. 101)
Title AN ACT relating to accountancy.
Bill Documents Bill
Bill Request Number 1037
Sponsor G. Tapp
Summary of Original Version Amend KRS 325.220 to define "attest" and "compilation"; amend KRS 325.280 to delete language relating to privilege to practice; create a new section of KRS Chapter 325 to provide the privilege to practice without obtaining a license to specified persons licensed by another state who do not have an office in Kentucky; provide disciplinary actions; amend KRS 325.285 to grant the board disciplinary jurisdiction over some out-of-state persons or firms; amend KRS 325.301 to specify which firms must obtain a license to practice within the state and to provide standards for activities performed by firms; amend KRS 325.290 and 325.380 to conform.
Index Headings of Original Version Accountants - Out-of-state firms and accountants, privilege to practice
Audits and Auditors - Out-of-state auditors, services provided by and regulations of
Licensing - Accountants, exemptions for out-of-state persons
Occupations and Professions - Accountants, licensing exemption for
Small Business - Accountants and auditors, out-of-state persons and firms
Proposed Amendments Senate Committee Substitute 1
Votes Vote History

Actions

Top | Amendments
01/08/08
  • introduced in Senate
01/09/08
  • to Licensing, Occupations and Administrative Regulations (S)
01/22/08
  • reported favorably, 1st reading, to Calendar with Committee Substitute
01/23/08
  • 2nd reading, to Rules
  • posted for passage in the Consent Orders of the Day for Thursday, January 24, 2008
01/24/08
  • 3rd reading, passed 36-0 with Committee Substitute
01/25/08
  • received in House
01/29/08
  • to Licensing & Occupations (H)
03/05/08
  • posted in committee
03/12/08
  • reported favorably, 1st reading, to Calendar
03/13/08
  • 2nd reading, to Rules
03/18/08
  • posted for passage in the Regular Orders of the Day for Wednesday, March 19, 2008
03/25/08
  • 3rd reading, passed 98-0
03/26/08
  • received in Senate
04/01/08
  • enrolled, signed by President of the Senate
04/02/08
  • enrolled, signed by Speaker of the House
  • delivered to Governor
04/14/08
  • signed by Governor (Acts Ch. 101)

Proposed Amendments

Top | Actions
Amendment Senate Committee Substitute 1
Summary Retain original provisions, except allow definition of "attest" to mean any one of the listed financial statement services rather than all of the services combined; delete new language that would have required that all firms performing a regulated activity for a client follow standards issued by specified federal government agencies and national professional organizations; make technical change to conform.
Index Headings Accountants - Out-of-state firms and accountants, privilege to practice
Audits and Auditors - Out-of-state auditors, services provided by and regulations of
Licensing - Accountants, exemptions for out-of-state persons
Occupations and Professions - Accountants, licensing exemption for
Small Business - Accountants and auditors, out-of-state persons and firms

Last updated: 8/28/2019 8:09 AM (EDT)