This bill amends the CPA Law of Pennsylvania, specifically focusing on the educational requirements for individuals seeking certification as certified public accountants. It modifies Section 4.2(b)(3) to stipulate that candidates must have graduated with a baccalaureate or master's degree from an accredited institution and completed a total of twenty-four semester credits in relevant subjects. Additionally, the bill introduces a requirement for an extra twelve semester credits specifically in accounting, auditing, or tax subjects, which can be obtained outside of the individual's undergraduate or graduate coursework.

The amendments also remove previous language that indicated the credits did not need to be part of the individual's formal education. The changes aim to enhance the educational qualifications for CPA certification, ensuring that candidates possess a more comprehensive background in accounting and related fields. The act is set to take effect immediately upon passage.