This bill amends various sections of Alaska's laws regarding the practice of accounting and the licensing of private professional conservators. Key changes include the removal of the requirement for additional semester hours or post-baccalaureate study for accounting applicants, simplifying the educational requirements to just a baccalaureate degree with an accounting concentration. The bill also introduces new provisions allowing firms that are more than half-owned by certified public accountants to practice public accounting in Alaska without needing a physical office in the state. Additionally, it establishes that individuals or firms engaging in public accounting under a practice privilege are not required to notify the board or pay fees, and it clarifies the conditions under which practice privileges can be revoked or suspended.

For private professional conservators, the bill updates the licensing requirements to include certification as a guardian by a recognized organization or licensure as a certified public accountant. It also mandates that individuals appointed as conservators complete one hour of mandatory education on conservatorship basics, with specific provisions for relatives or friends of the protected person. The bill further amends Rule 17(e) of the Alaska Rules of Probate Procedure to align with these changes, ensuring that the mandatory education requirement is clearly defined. The act will take effect immediately for certain sections, while the remaining provisions will come into effect on January 1, 2026.

Statutes affected:
HB0121A, AM HB 121, introduced 02/28/2025: 08.04.120, 08.04.240, 08.04.360, 08.04.370, 08.04.425, 08.04.426, 08.04.420, 08.04.422, 08.04.480, 08.04.450, 08.04.490, 08.04.495, 08.01.065, 08.04.510, 08.04.530, 08.04.565
HB0121B, AM SCS HB 121(STA), introduced 05/09/2025: 08.04.120, 08.04.240, 08.04.360, 08.04.370, 08.04.425, 08.04.426, 08.04.420, 08.04.422, 08.04.480, 08.04.450, 08.04.490, 08.04.495, 08.01.065, 08.04.510, 08.04.530, 08.04.565, 08.04.105, 08.26.030, 08.26.070, 08.26.060, 08.26.050, 08.26.020, 08.26.130, 08.01.075, 13.26.001, 47.24.900, 13.26.465
HB0121Z, AM Enrolled HB 121, introduced 05/20/2025: 08.04.120, 08.04.240, 08.04.360, 08.04.370, 08.04.425, 08.04.426, 08.04.420, 08.04.422, 08.04.480, 08.04.450, 08.04.490, 08.04.495, 08.01.065, 08.04.510, 08.04.530, 08.04.565, 08.04.105, 08.26.030, 08.26.070, 08.26.060, 08.26.050, 08.26.020, 08.26.130, 08.01.075, 13.26.001, 47.24.900, 13.26.465