This bill amends the New Hampshire Accountancy Act to update the requirements for obtaining a certified public accountant (CPA) certificate and to facilitate the practice of CPAs from other states. Key changes include the modification of the definition of "substantial equivalency" and the update of the "Uniform Accountancy Act" to the ninth edition published in July 2025, replacing the previous May 2014 edition. The education requirements for certification have been revised, allowing for various combinations of degrees and accounting concentrations. Additionally, the bill introduces a provision that permits applicants to sit for the CPA examination up to 120 days before obtaining their baccalaureate degree.

Furthermore, the bill establishes a new section on "Mobility," which allows CPAs whose principal place of business is outside New Hampshire to offer services in the state without prior notice, documentation, or fees, provided they hold a valid license from another jurisdiction and meet the state's educational and experience requirements. It also repeals certain provisions related to substantial equivalent foreign designation applicants. Overall, these changes aim to streamline the certification process and enhance the ability of CPAs to operate across state lines.

Statutes affected:
Introduced: 309-B:3, 309-B:5, 309-B:7
As Amended by the House: 309-B:3, 309-B:5, 309-B:7
Version adopted by both bodies: 309-B:3, 309-B:5, 309-B:7
CHAPTERED FINAL VERSION: 309-B:3, 309-B:5, 309-B:7
HB1259 text: 309-B:3, 309-B:5, 309-B:7