SB 49 (BR 1037) - G. Tapp
AN ACT relating to accountancy.
Amend KRS 325.220 to define "attest" and "compilation"; amend KRS 325.280 to delete language relating to privilege to practice; create a new section of KRS Chapter 325 to provide the privilege to practice without obtaining a license to specified persons licensed by another state who do not have an office in Kentucky; provide disciplinary actions; amend KRS 325.285 to grant the board disciplinary jurisdiction over some out-of-state persons or firms; amend KRS 325.301 to specify which firms must obtain a license to practice within the state and to provide standards for activities performed by firms; amend KRS 325.290 and 325.380 to conform.
SB 49 - AMENDMENTS
SCS - Retain original provisions, except allow definition of "attest" to mean any one of the listed financial statement services rather than all of the services combined; delete new language that would have required that all firms performing a regulated activity for a client follow standards issued by specified federal government agencies and national professional organizations; make technical change to conform.
Jan 8-introduced in Senate
Jan 9-to Licensing, Occupations and Administrative Regulations (S)
Jan 22-reported favorably, 1st reading, to Calendar with Committee Substitute
Jan 23-2nd reading, to Rules; posted for passage in the Consent Orders of the Day for Thursday, January 24, 2008
Jan 24-3rd reading, passed 36-0 with Committee Substitute
Jan 25-received in House
Jan 29-to Licensing & Occupations (H)
Mar 5-posted in committee
Mar 12-reported favorably, 1st reading, to Calendar
Mar 13-2nd reading, to Rules
Mar 18-posted for passage in the Regular Orders of the Day for Wednesday, March 19, 2008
Mar 25-3rd reading, passed 98-0
Mar 26-received in Senate
Apr 1-enrolled, signed by President of the Senate
Apr 2-enrolled, signed by Speaker of the House; delivered to Governor
Apr 14-signed by Governor (Acts Ch. 101)