The Business Licensing Reform and Accountancy Practice Amendment Act of 2026 aims to amend the Advisory Neighborhood Commissions Act of 1975 by modifying the notice requirement for certain business licenses, specifically for theaters and entertainment venues, which will now require a 30-day notice to the affected Commission. Additionally, the bill introduces several changes to Chapter 28 of Title 47 of the District of Columbia Official Code, including the exemption of motor clubs performing private tow services from towing service storage lot requirements, the authorization of 4-year basic business licenses for a fee of $198, and the extension of license renewal permissions beyond 9 months after expiration. The Mayor is also granted the authority to issue refunds for erroneously paid business license fees.

Furthermore, the bill revises the eligibility requirements for accountancy licensure, allowing individuals with a baccalaureate degree and two years of experience, who have passed an accounting examination, to obtain a license. It also permits the Mayor to establish additional licensure requirements through rulemaking. The practice privileges for out-of-state certified public accountants (CPAs) are clarified, allowing them to practice in the District without needing a local license if they hold a valid license from another state and meet certain criteria. Overall, the bill aims to streamline business licensing processes and enhance the regulatory framework for accountancy practices in the District of Columbia.