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 submitting an application. The bill specifies that retired status is an honorific designation and does not permit the individual to perform any services that require a license, certificate, or permit.

Additionally, the bill outlines that individuals granted retired status will receive a certificate confirming this status and may represent themselves as retired on business materials, except for their CPA certificate or registration. They will not be subject to continuing education requirements or renewal fees to maintain this status. Furthermore, the bill allows for a change in status from retired to active or inactive upon request, provided the individual meets the necessary licensure requirements. The effective date of the act is set for 60 days after its passage.