House Bill No. 1764 amends the Occupations Code to facilitate the practice of accounting in Texas by certified public accountants (CPAs) licensed in other states. The bill allows individuals holding a CPA certificate or license from another state to exercise the same privileges as Texas license holders without needing to obtain a Texas license, provided they meet certain criteria. Specifically, the bill outlines that the individual must be in good standing in their home state, have passed the uniform CPA examination, and have completed a degree with a concentration in accounting or equivalent courses, along with relevant work experience.

Additionally, the bill introduces new provisions that empower the Texas State Board of Public Accountancy to use resources from the National Association of State Boards of Accountancy's National Qualification Appraisal Service to assess the comparability of licensure requirements. It also grants the board the authority to prohibit individuals from exercising privileges if they do not meet the specified requirements. Furthermore, individuals certified or licensed in another state as of January 1, 2025, will maintain their privileges without needing a Texas license, subject to the new provisions outlined in the bill. The act is set to take effect on September 1, 2025.

Statutes affected:
Introduced: Occupations Code 901.462 (Occupations Code 901)