This bill amends the New Hampshire Accountancy Act to allow the office of professional licensure and certification to grant the honorific title of "CPA (retired)" to individuals who have retired and previously held a CPA certificate. The criteria for receiving this retired status include being at least 55 years old, having held a CPA certificate in New Hampshire, declaring that they are not currently practicing public accounting, being in good standing at the time of their last license, and completing an application form provided by the office. The bill specifies that retired status is an honorific title and does not permit the individual to perform services requiring a license or certificate.

Additionally, the bill outlines that individuals with retired status may represent themselves as retired by using the term "retired" or its abbreviation alongside their CPA title on various documents, except for their CPA certificate or registration. They are exempt from continuing education requirements and do not need to renew their registration or pay renewal fees to maintain this status. If a retired individual wishes to return to active or inactive status, they can request a change and must meet the necessary licensure requirements. The bill will take effect 60 days after its passage and is expected to have a fiscal impact of less than $10,000 in each fiscal year from 2025 to 2028.