The bill HB2011 seeks to continue the Arizona State Board of Accountancy for an additional eight years, retroactively effective from July 1, 2023, until July 1, 2031. It also includes a provision for the Board's termination on January 1, 2032. The bill aims to ensure the Board's ongoing ability to protect the public from unqualified or unprofessional certified public accountants (CPAs) through regulation and oversight.
In contrast to current law, which does not specify a termination date for the Board, this bill explicitly sets a termination date and repeals certain sections of the Arizona Revised Statutes related to the Board. The new language clarifies the timeline for the Board's existence and outlines the process for its eventual dissolution, thereby providing a structured approach to the Board's future.
Statutes affected: Introduced Version: 41-3023.02, 41-3031.02
House Engrossed Version: 41-3023.02, 41-3031.02
Chaptered Version: 41-3023.02, 41-3031.02