HB177
WWW Version
The hyperlink to a bill draft that precedes a summary contains the most recent version (Introduced/GA/Enacted) of the bill. If the session has ended, the hyperlink contains the latest version of the bill at the time of sine die adjournment. Note that the summary pertains to the bill as introduced, which is often different from the most recent version.
HB 177 (BR 317) - J. Miller
AN ACT relating to certified public accountants.
Amend KRS 325.220 to define "peer review" as designed to promote quality in "accounting and auditing services"; change "peer review committee" to " sponsoring organization"; amend KRS 325.301 to allow an out-of-state CPA firm to perform attest services within Kentucky; exempt out-of-state CPA firms from paying the initial application fee; require firms to grant the Accountancy Board access to peer review documents maintained in Facilitated State Board Access; allow the board to appoint a peer review oversight committee to monitor the peer review program; amend KRS 325.340 to allow the board to privately reprimand CPAs and CPA firms; allow CPAs and CPA firms to apply to have minor violations removed from their professional record after ten years; limit a licensee from having his or her record expunged more than once.
AMENDMENTS
SCS1 - Retain original provisions, except amend KRS 325.301 to adjust the headings in subsection (2).
Jan 11, 2018 - introduced in House
Jan 17, 2018 - to State Government (H)
Jan 18, 2018 - reassigned to Licensing, Occupations, & Admin Regs (H)
Jan 19, 2018 - posted in committee
Feb 07, 2018 - reported favorably, 1st reading, to Consent Calendar
Feb 08, 2018 - 2nd reading, to Rules; posted for passage in the Consent Orders of the Day for Friday, February 9, 2018
Feb 09, 2018 - 3rd reading, passed 87-0
Feb 12, 2018 - received in Senate
Feb 15, 2018 - to Licensing, Occupations, & Administrative Regulations (S)
Feb 27, 2018 - reported favorably, 1st reading, to Consent Calendar with Committee Substitute
Feb 28, 2018 - 2nd reading, to Rules
Mar 05, 2018 - posted for passage in the Consent Orders of the Day for Tuesday, March 6, 2018
Mar 06, 2018 - 3rd reading, passed 38-0 with Committee Substitute (1)
Mar 07, 2018 - received in House; to Rules (H)
Mar 08, 2018 - posted for passage for concurrence in Senate Committee Substitute
Mar 09, 2018 - House concurred in Senate Committee Substitute; passed 84-0
Mar 12, 2018 - enrolled, signed by Speaker of the House; enrolled, signed by President of the Senate; delivered to Governor
Mar 23, 2018 - signed by Governor (Acts, ch. 24)