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SF0077 • 2006

Certified public accountants.

AN ACT relating to certified public accountants; allowing rulemaking to exempt certificate holders from maintaining certain license status; allowing for a certificate to be issued to holders of a certificate from a foreign country; providing for attest services within certified public accountant firms; and providing for an effective date.

Enacted

This bill passed the Legislature and reached final enactment based on the latest official action.

Sponsor
Senator Sessions
Last action
2006-03-15
Official status
enrolled
Effective date
7/1/2006

Plain English Breakdown

The plain English breakdown is still being put together. The official documents below are already here.

Amendments

These notes stay tied to the official amendment files and metadata from the legislature.

SF0077SS001

Standing Committee • MEIER

Adopted

Plain English: Adopted Standing Committee by MEIER

  • This amendment summary is using official source text because generated interpretation was skipped for this run.
  • The official amendment text was available, but an easy plain-English summary could not be produced automatically during the last sync.

Bill History

  1. 2006-03-15 LSO

    Assigned Chapter Number - 57

  2. 2006-03-15 Governor

    Governor Signed SEA No. 0045

  3. 2006-03-10 House

    H Speaker Signed SEA No. 0045

  4. 2006-03-10 Senate

    S President Signed SEA No. 0045

  5. 2006-03-09 LSO

    Assigned Number SEA0045

  6. 2006-03-09 House

    H Passed 3rd Reading

  7. 2006-03-08 House

    H Passed 2nd Reading

  8. 2006-03-07 House

    H Passed CoW

  9. 2006-03-02 House

    H Placed on General File

  10. 2006-03-02 House

    H07 Recommended Do Pass

  11. 2006-02-28 House

    H Introduced and Referred to H07

  12. 2006-02-28 House

    H Received for Introduction

  13. 2006-02-27 Senate

    S Passed 3rd Reading

  14. 2006-02-24 Senate

    S Passed 2nd Reading

  15. 2006-02-23 Senate

    S Passed CoW

  16. 2006-02-23 Senate

    Amendment Adopted

  17. 2006-02-23 Senate

    S Amendments Adopted

  18. 2006-02-21 Senate

    S Placed on General File

  19. 2006-02-21 Senate

    S07 Recommended Amend and Do Pass

  20. 2006-02-15 Senate

    S Introduced and Referred to S07

  21. 2006-02-13 Senate

    S Received for Introduction

  22. 2006-02-03 LSO

    Bill Number Assigned

Official Summary Text

SF0077 Bill Summary

Bill
No.:
SF0077

Drafter:

KMS

LSO
No.:

06LSO-0237

Effective Date:

7/1/2006

Enrolled
Act No.:

SEA0045

Chapter
No.:

57

Prime
Sponsor:

Senator Sessions

Catch
Title:

Certified public accountants.

Subject:

Amends
statutes concerning certified public accountants.

Summary/Major
Elements:

Allows rulemaking to exempt certificate holders from maintaining active,
inactive or retired status as determined by the board.

Allows for a certificate to be issued to holders of a certificate from a
foreign country.

Provides for attest services to be performed within certified public
accountant firms.

Current Bill Text

Read the full stored bill text 
WORKING DRAFT

ORIGINAL SENATE

FILE

NO.
0077

ENROLLED ACT NO. 45, SENATE

FIFTY-EIGHTH LEGISLATURE OF THE STATE OF WYOMING
2006 BUDGET SESSION

AN ACT relating to certified public accountants; allowing rulemaking to exempt certificate holders from maintaining certain license status; allowing for a certificate to be issued to holders of a certificate from a foreign country; providing for attest services within certified public accountant firms; and providing for an effective date.

Be It Enacted by the Legislature of the State of Wyoming:

Section 1.

W.S. 33
‑
3
‑
108(a)(v) and by creating a new paragraph (vi), 33
‑
3
‑
116 and 33
‑
3
‑
118 by creating a new subsection (d) are amended to read:

33
‑
3
‑
108.

Rules and regulations; procedure.

(a)

The board shall prescribe rules and regulations not inconsistent with the provisions of this act as it deems consistent with, or required by, the public welfare. The rules and regulations shall include:

(v)

Rules governing the determination of substantial equivalence for the issuance of certificates under W.S. 33
‑
3
‑
116 to individuals who hold valid certified public accountant certificates
,

or
licenses
or foreign
credentials
from any state
when the
issuing
state's
or foreign country's
certificate
,

or
licensure
or credentialing

requirements are substantially equivalent to those under this act as determined by the board
;
.

(vi)

Rules exempting certificate holders from maintaining active, inactive or retired status as determined by the board.

33
‑
3
‑
116.

Certified public accountant; holders of certificates in sister states or foreign countries.

The board may issue a certificate as a certified public accountant to any person who holds a certificate of a certified public accountant
or a similar recognized credential
, then in full force and effect, issued under the laws of any state
or foreign country
when that person meets requirements which are substantially equivalent to the requirements set forth in W.S. 33
‑
3
‑
109(a)(ii) through (v).

33
‑
3
‑
118.

Certified public accountant firms.

(d)

All attest services as defined in this act and performed by certificate holders shall be performed within firms permitted under this section. This section shall not be applied to prohibit any officer or employee of the state or federal government or political subdivision thereof from performing his official duties.

Section 2.

This act is effective July 1, 2006.

(END)

Speaker of the House

President of the Senate

Governor

TIME APPROVED: _________

DATE APPROVED: _________

I hereby certify that this act originated in the Senate.

Chief Clerk

1