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SB99 • 2026

CPA AS PRIVATE PROFESSIONAL CONSERVATORS

An Act relating to private professional conservators; and providing for an effective date.

Education Parental Rights
Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
SENATOR MYERS
Last action
2025-05-02
Official status
(S) L&C
Effective date
Not listed

Plain English Breakdown

The bill text references specific statutes (AS 08.26 series) that define 'protected person' and application requirements, but does not provide full definitions for all terms within this excerpt.

SB99: Rules for Private Professional Conservators

This bill sets new rules and requirements, including allowing Certified Public Accountants to qualify, for people who want to work as private professional conservators in Alaska.

What This Bill Does

  • Allows certified public accountants (CPAs) licensed under AS 08.04 to qualify for a license as a private professional conservator.
  • Requires applicants to be at least 21 years old with a high school diploma or equivalent.
  • Mandates that applicants have six months of financial management experience or an associate degree in accounting or a closely related field.
  • Creates rules for issuing temporary licenses to people who are not yet certified as guardians but plan to become so within one year.
  • Adds Certified Public Accountants (CPAs) as eligible candidates for temporary licenses if they plan to obtain CPA licensure within one year.
  • Lists specific reasons the state can take disciplinary action against a licensed conservator, such as fraud, abuse of vulnerable adults, or failing to maintain required certifications.

Who It Names or Affects

  • Individuals applying for a private professional conservator license in Alaska.
  • Certified public accountants who wish to work as conservators.
  • The state department responsible for issuing these licenses.
  • People with temporary conservator licenses.

Terms To Know

Private Professional Conservator
A licensed person who manages the financial affairs of someone else, known as a protected person or ward.
Certified Public Accountant (CPA)
An accountant licensed under AS 08.04 in Alaska.
Temporary License
A short-term permit given to someone who meets most rules but is still working toward full certification or licensure within one year.

Limits and Unknowns

  • The bill does not state the specific fees required for applying for a license.
  • The text lists grounds for discipline but does not detail how long a disciplinary hearing takes.
  • The effective date is listed as immediate, but no future review dates are included in this excerpt.

Bill History

  1. 2025-05-02 Min

    (S) Minutes (SL&C)

  2. 2025-05-02 Text

    (S) Heard & Held

  3. 2025-05-02 Text

    (S) LABOR & COMMERCE at 01:30 PM BELTZ 105 (TSBldg)

  4. 2025-03-17 Min

    (S) Minutes (SL&C)

  5. 2025-03-17 Text

    (S) Heard & Held

  6. 2025-03-17 Text

    (S) LABOR & COMMERCE at 01:30 PM BELTZ 105 (TSBldg)

  7. 2025-02-14 260

    (S) REFERRED TO LABOR & COMMERCE

  8. 2025-02-14 260

    (S) L&C, FIN

  9. 2025-02-14 260

    (S) READ THE FIRST TIME - REFERRALS

Official Summary Text

CPA AS PRIVATE PROFESSIONAL CONSERVATORS
An Act relating to private professional conservators; and providing for an effective date.

Current Bill Text

Read the full stored bill text
SB0099A -1- SB 99
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SENATE BILL NO. 99

IN THE LEGISLATURE OF THE STATE OF ALASKA

THIRTY-FOURTH LEGISLATURE - FIRST SESSION

BY SENATOR MYERS

Introduced: 2/14/25
Referred: Labor & Commerce, Finance

A BILL

FOR AN ACT ENTITLED

"An Act relating to private prof essional conservators; and prov iding for an effective 1
date." 2
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 3
* Section 1. AS 08.26.030 is amended to read: 4
Sec. 08.26.030. Requirements for pri vate professional conservat or license. 5
The department shall issue a private professional conservator license to an individual 6
(1) who is at least 21 years of age; 7
(2) who has obtained a high school diploma, or a general educa tion 8
development diploma or its equivalent; 9
(3) who has six months' employment experience in a position 10
involving financial management, or has at least an associate de gree in accounting or a 11
closely related field; 12
(4) who is 13
(A) certified as a guardian by a nationally recognized 14
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organization in the field of guardianships; or 1
(B) licensed as a certif ied public accountant under 2
AS 08.04; 3
(5) whose criminal history record checks under AS 08.26.070 sh ow 4
that the individual has not been convicted of a felony or of a misdemeanor offense in 5
the state or in any other juri sdiction involving fraud, misrepr esentation, material 6
omission, misappropriation, theft, conversion, or any other cri me that the department 7
determines would affect the individual's ability to provide the services of a conservator 8
competently and safely for the protected person within 10 years before the application; 9
and 10
(6) who satisfies the application requirements of AS 08.26.060. 11
* Sec. 2. AS 08.26.050(a) is amended to read: 12
( a ) T h e d e p a r t m e n t s h a l l i s s u e a temporary license to an indiv idual under 13
AS 08.26.020 [OR 08.26.030] who 14
(1) is not certified by a nationally recognized organization i n the field 15
of guardianships at the time of the application but is likely t o become certified within 16
one year from the date [OF] the temporary license is issued; [,] and 17
(2) otherwise satisfies the licensing requirements of AS 08.26.020 [OR 18
08.26.030; AND 19
( 2 ) S A T I S F I E S T H E A P P L I C A T I O N R E Q U I R E M E N T S O F 20
AS 08.26.060]. 21
* Sec. 3. AS 08.26.050(b) is amended to read: 22
(b) If an [THE] individual with a temporary license under (a) or (d) of this 23
section submits proof of the required certificate or license [CERTIFICATION BY A 24
NATIONALLY RECOGNIZED ORGANIZATION IN THE FIELD OF 25
GUARDIANSHIPS] within one year from the date of the issuance of the temporary 26
license, the department shall issu e the individual a license un der AS 08.26.020 or 27
08.26.030 without requiring a new application. 28
* Sec. 4. AS 08.26.050 is amended by adding a new subsection to read: 29
(d) The department shall issue a temporary license to an indiv idual under 30
AS 08.26.030 who 31
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(1) is not certified by a nationally recognized organization i n the field 1
of guardianships or licensed as a certified public accountant u nder AS 08.04 at the 2
time of the application but is likely to become certified or li censed within one year 3
from the date the temporary license is issued; and 4
(2) otherwise satisfies the licensing requirements of AS 08.26.030. 5
* Sec. 5. AS 08.26.130 is amended to read: 6
Sec. 08.26.130. Grounds for disciplinary action. T h e d e p a r t m e n t m ay t a k e 7
disciplinary action against an individual under AS 08.01.075 or r e f u s e t o i s s u e o r 8
renew a license if the department determines that the individual 9
(1) obtained or attempted to obtain a license under this chapter through 10
deceit, fraud, or intentional misrepresentation; 11
(2) has not complied with the s tandards of conduct established by the 12
department under AS 13.26.001; 13
(3) forfeited a license in this or another jurisdiction as a r esult of 14
deceit, fraud, intentional misrepresentation, or professional incompetence; 15
(4) has been found by a court in this state to have engaged in 16
professional misconduct or incompetence; 17
(5) has advertised the individua l's services in a false or mis leading 18
manner; 19
(6) has been convicted, including a conviction based on a guilty plea or 20
plea of nolo contendere, of a felony or other crime that affect s the individual's ability 21
to provide services competently and safely for the ward or protected person; 22
(7) has been found to have abandoned, exploited, abused, or ne glected 23
a vulnerable adult; in this para graph, "vulnerable adult" has t he meaning given in 24
AS 47.24.900; 25
(8) has failed to comply with this chapter or with a regulatio n adopted 26
under this chapter; 27
(9) has continued or attempted to practice after becoming unfi t due to 28
professional incompetence; 29
(10) has failed to maintain the certification or licensure required to 30
obtain the individual's licen se under AS 08.26.020(a)(3) or 08. 26.030(4) [ B Y A 31
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NATIONALLY RECOGNIZED ORGANIZATION IN THE FIELD OF 1
(A) GUARDIANSHIPS, IF THE INDIVIDUAL WAS 2
ISSUED A PRIVATE PROFESSIONAL GUARDIAN LICENSE; OR 3
(B) CONSERVATORSHIPS, IF THE INDIVIDUAL WAS 4
ISSUED A PRIVATE PROFESSIONAL CONSERVATOR LICENSE]; or 5
(11) fails to maintain a bond or other surety as required by a court 6
order. 7
* Sec. 6. This Act takes effect immediately under AS 01.10.070(c). 8