H.B. No. 1764 amends the Occupations Code to streamline the certification and regulation process for out-of-state certified public accountants (CPAs) wishing to practice in Texas. The bill modifies Section 901.259(a) by removing specific requirements related to the verification of education, examination, and experience by the National Association of State Boards of Accountancy. Instead, it introduces new criteria for certification, including the necessity for applicants to have passed the uniform CPA examination and to have met certain educational and experience requirements. Additionally, it allows individuals with active out-of-state licenses to practice in Texas without obtaining a Texas certificate or license, provided they meet specified conditions.

The bill also adds new provisions in Section 901.462, allowing individuals who held a valid out-of-state CPA license as of December 31, 2024, to continue exercising their privileges in Texas without needing to obtain a Texas license. This provision ensures that these individuals remain subject to Texas regulations while practicing. Furthermore, the board is granted the authority to prohibit individuals from exercising these privileges if they do not meet the established requirements. The bill is set to take effect immediately upon receiving a two-thirds vote from both houses or on September 1, 2025, if that vote is not achieved.

Statutes affected:
Introduced: Occupations Code 901.462 (Occupations Code 901)
House Committee Report: Occupations Code 901.259, Occupations Code 901.462 (Occupations Code 901)