Bill Summary – FastDemocracy

State of Alaska
                                                            Fiscal Note
                                                                                              Bill Version:                    SCS CSHB 44(L&C)
 2022 Legislative Session
                                                                                              Fiscal Note Number:              3
                                                                                              (S) Publish Date:                1/21/2022
 Identifier:        HB044CS(STA)-DCCED-CBPL-01-14-22                           Department:        Department of Commerce, Community and
 Title:             PRACTICE OF ACCOUNTING; LICENSURE                                             Economic Development
 Sponsor:           THOMPSON                                                   Appropriation: Corporations, Business and Professional
 Requester: (S) LABOR & COMMERCE                                                                  Licensing
                                                                               Allocation:        Corporations, Business and Professional
                                                                                                  Licensing
                                                                               OMB Component Number:               2360
 Expenditures/Revenues
 Note: Amounts do not include inflation unless otherwise noted below.                                                                (Thousands of Dollars)
                                                 Included in
                                    FY2023       Governor's
                                Appropriation      FY2023                                            Out-Year Cost Estimates
                                  Requested       Request
 OPERATING EXPENDITURES               FY 2023        FY 2023       FY 2024                      FY 2025           FY 2026            FY 2027         FY 2028
 Personal Services
 Travel
 Services
 Commodities
 Capital Outlay
 Grants & Benefits
 Miscellaneous
 Total Operating                            0.0           0.0          0.0                            0.0                0.0              0.0               0.0
 Fund Source (Operating Only)
 None
 Total                                            0.0             0.0                 0.0             0.0                0.0              0.0               0.0
 Positions
 Full-time
 Part-time
 Temporary
 Change in Revenues
 None
 Total                                            0.0             0.0                 0.0             0.0                0.0              0.0               0.0
 Estimated SUPPLEMENTAL (FY2022) cost:                                   0.0                (separate supplemental appropriation required)
 Estimated CAPITAL (FY2023) cost:                                        0.0                (separate capital appropriation required)
 Does the bill create or modify a new fund or account?       No
 (Supplemental/Capital/New Fund - discuss reasons and fund source(s) in analysis section)
 ASSOCIATED REGULATIONS
 Does the bill direct, or will the bill result in, regulation changes adopted by your agency?                 Yes
 If yes, by what date are the regulations to be adopted, amended or repealed?                                 01/01/23
 Why this fiscal note differs from previous version/comments:
 Updated for SLA2022 fiscal note template.
 Prepared By:             Sara Chambers, Division Director                                                          Phone:         (907)465-2144
 Division:                Division of Corporations, Business and Professional Licensing                             Date:          12/29/2021 08:25 AM
 Approved By:             Micaela Fowler, DCCED Administrative Services Director                                    Date:          01/14/22
 Agency:                  Office of Management and Budget
Printed 1/21/2022                                                       Page 1 of 2                                                         Control Code: evbvi
                                                                                        SCS CSHB 44(L&C) - Fiscal Note 3
                                                 FISCAL NOTE ANALYSIS
 STATE OF ALASKA                                                                 BILL NO. CSHB 44(STA)
 2022 LEGISLATIVE SESSION
 Analysis
    HB 44 updates statutes under AS 08.04, regulating Public Accountancy, to better align Alaska law with national standards
    and accepted industry terminology. The bill updates the definition of "firm", updates the language regarding "peer
    review", and requires that firms provide evidence of their enrollment in an approved program. This legislation will also
    add a requirement for individual Certified Public Accountants who have operated with a line of business only, but no
    formal legal entity structure, to obtain a firm permit.
    The Division of Corporations, Business, and Professional Licensing (CBPL) anticipates absorbing the costs associated with
    the regulations changes required as a result of this legislation under existing authority.
    Professional licensing programs within CBPL are funded by receipt supported services, fund source 1156 Rcpt Svcs (DGF).
    Licensing fees for each program are set per AS 08.01.065 so the revenue collected approximately equals the occupations
    actual regulatory costs.
 (Revised 11/23/2021 OMB/LFD)                                                                                         Page 2 of 2
HB044CS(STA)-DCCED-CBPL-01-14-22                       Page 2 of 2                                         Control Code: evbvi
Statutes affected: 
HB0044A, AM HB 44, introduced 02/18/2021: 08.04.020, 08.01.025, 08.04.100, 08.04.110, 08.04.130, 08.04.105, 08.04.360, 08.04.370, 08.04.380, 08.04.425, 08.04.426, 08.04.195, 08.04.240, 08.04.423, 08.04.005, 08.04.420, 08.04.422, 08.04.421, 08.04.440, 08.04.661, 08.04.450, 08.01.075, 08.04.500, 08.04.610, 08.04.470, 08.04.480, 08.04.505, 08.04.510, 08.04.520, 08.04.530, 08.04.540, 08.04.560, 08.04.565, 08.04.600, 08.04.620, 08.04.662, 08.04.680
HB0044B, AM CSHB 44(STA), introduced 03/24/2021, passed House 05/19/2021: 08.04.020, 08.01.025, 08.04.100, 08.04.110, 08.04.130, 08.04.105, 08.04.360, 08.04.370, 08.04.380, 08.04.425, 08.04.426, 08.04.195, 08.04.240, 08.04.423, 08.04.005, 08.04.420, 08.04.422, 08.04.421, 08.04.440, 08.04.661, 08.04.450, 08.01.075, 08.04.500, 08.04.610, 08.04.470, 08.04.480, 08.04.505, 08.04.510, 08.04.520, 08.04.530, 08.04.540, 08.04.560, 08.04.565, 08.04.600, 08.04.620, 08.04.662, 08.04.680
HB0044C, AM SCS CSHB 44(L&C), introduced 01/21/2022: 08.04.020, 08.01.025, 08.04.100, 08.04.110, 08.04.130, 08.04.105, 08.04.360, 08.04.370, 08.04.380, 08.04.425, 08.04.426, 08.04.195, 08.04.240, 08.04.423, 08.04.005, 08.04.420, 08.04.422, 08.04.421, 08.04.440, 08.04.661, 08.04.450, 08.01.075, 08.04.500, 08.04.610, 08.04.470, 08.04.480, 08.04.505, 08.04.510, 08.04.520, 08.04.530, 08.04.540, 08.04.560, 08.04.565, 08.04.600, 08.04.620, 08.04.662, 08.04.680
HB0044D, AM SCS CSHB 44(L&C) am S, introduced 02/01/2022, passed Senate 02/01/2022: 08.04.020, 08.01.025, 08.04.100, 08.04.110, 08.04.130, 08.04.105, 08.04.360, 08.04.370, 08.04.380, 08.04.425, 08.04.426, 08.04.195, 08.04.240, 08.04.423, 08.04.005, 08.04.420, 08.04.422, 08.04.421, 08.04.440, 08.04.661, 08.04.450, 08.01.075, 08.04.500, 08.04.610, 08.04.470, 08.04.480, 08.04.505, 08.04.510, 08.04.520, 08.04.530, 08.04.540, 08.04.560, 08.04.565, 08.04.600, 08.04.620, 08.04.662, 08.04.680
HB0044Z, AM Enrolled HB 44, introduced 02/09/2022: 08.04.020, 08.01.025, 08.04.100, 08.04.110, 08.04.130, 08.04.105, 08.04.360, 08.04.370, 08.04.380, 08.04.425, 08.04.426, 08.04.195, 08.04.240, 08.04.423, 08.04.005, 08.04.420, 08.04.422, 08.04.421, 08.04.440, 08.04.661, 08.04.450, 08.01.075, 08.04.500, 08.04.610, 08.04.470, 08.04.480, 08.04.505, 08.04.510, 08.04.520, 08.04.530, 08.04.540, 08.04.560, 08.04.565, 08.04.600, 08.04.620, 08.04.662, 08.04.680
HB0044B, AM CSHB 44(STA), introduced 03/24/2021: 08.04.020, 08.01.025, 08.04.100, 08.04.110, 08.04.130, 08.04.105, 08.04.360, 08.04.370, 08.04.380, 08.04.425, 08.04.426, 08.04.195, 08.04.240, 08.04.423, 08.04.005, 08.04.420, 08.04.422, 08.04.421, 08.04.440, 08.04.661, 08.04.450, 08.01.075, 08.04.500, 08.04.610, 08.04.470, 08.04.480, 08.04.505, 08.04.510, 08.04.520, 08.04.530, 08.04.540, 08.04.560, 08.04.565, 08.04.600, 08.04.620, 08.04.662, 08.04.680
HB0044A, AM HB 44, introduced 01/08/2021: 08.04.020, 08.01.025, 08.04.100, 08.04.110, 08.04.130, 08.04.105, 08.04.360, 08.04.370, 08.04.380, 08.04.425, 08.04.426, 08.04.195, 08.04.240, 08.04.423, 08.04.005, 08.04.420, 08.04.422, 08.04.421, 08.04.440, 08.04.661, 08.04.450, 08.01.075, 08.04.500, 08.04.610, 08.04.470, 08.04.480, 08.04.505, 08.04.510, 08.04.520, 08.04.530, 08.04.540, 08.04.560, 08.04.565, 08.04.600, 08.04.620, 08.04.662, 08.04.680