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Session 123 - (2019-2020)Printer Friendly
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H*3785 (Rat #0088) General Bill, By Sandifer, Howard, Thayer, West and Weeks
Summary: Accountants
    AN ACT TO AMEND SECTION 40-2-10, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO PURPOSES FOR WHICH MEETINGS OF THE BOARD OF ACCOUNTANCY MAY BE CLOSED TO THE PUBLIC, SO AS TO PROVIDE MEETINGS MAY BE CLOSED TO PROTECT CERTAIN CONFIDENTIAL INFORMATION; TO AMEND SECTION 40-2-20, RELATING TO DEFINITIONS CONCERNING THE REGULATION OF CERTIFIED PUBLIC ACCOUNTANTS AND PUBLIC ACCOUNTANTS, SO AS TO REVISE A DEFINITION; TO AMEND SECTION 40-2-35, RELATING TO EXAMINATION REQUIREMENTS FOR LICENSURE BY THE BOARD, SO AS TO REMOVE THE REQUIREMENT THAT CERTAIN EXAMINATIONS BE COMPUTER-BASED; TO AMEND SECTION 40-2-40, RELATING TO CONTINUING EDUCATION REQUIREMENTS FOR NONCERTIFIED PUBLIC ACCOUNTANT OWNERS OF CERTIFIED PUBLIC ACCOUNTING FIRMS, SO AS TO INCLUDE CERTAIN ETHICS REQUIREMENTS; TO AMEND SECTION 40-2-80, RELATING TO THE CONFIDENTIAL TREATMENT OF CERTAIN EVIDENCE OBTAINED DURING INVESTIGATIONS BY THE BOARD, SO AS TO PROVIDE ALL PROCEEDINGS AND INQUIRIES RELATED TO THE INVESTIGATIONS ARE CONFIDENTIAL EXCEPT WHEN THE SUBJECT OF AN INVESTIGATION WAIVES CONFIDENTIALITY OF THE EXISTENCE OF THE COMPLAINT; TO AMEND SECTION 40-2-90, RELATING TO INVESTIGATIONS BY THE BOARD, SO AS TO PROVIDE DISCIPLINARY HEARINGS BY THE BOARD MUST BE OPEN TO THE PUBLIC EXCEPT IN CERTAIN CIRCUMSTANCES AND ALL EVIDENCE MUST BE MADE PART OF THE RECORD IN THE PROCEEDINGS; TO AMEND SECTION 40-2-240, RELATING TO LICENSURE OF OUT-OF-STATE PERSONS BY THE BOARD, SO AS TO PROVIDE ALTERNATIVE CRITERIA FOR SUCH LICENSURE; AND TO AMEND SECTION 40-2-340, RELATING TO DISCLAIMERS THAT ACCOUNTING PRACTITIONERS AND ACCOUNTING PRACTITIONER FIRMS MUST USE WHEN ASSOCIATING THEIR NAMES WITH CERTAIN COMPILED FINANCIAL STATEMENTS, SO AS TO REMOVE THE EXISTING BOILERPLATE LANGUAGE REQUIRED AND INSTEAD PROVIDE SUCH DISCLAIMERS MUST COMPLY WITH CERTAIN NATIONAL STANDARDS. - ratified title
View full text          View Vote History
01/29/19House Introduced and read first time (House Journal-page 17)
01/29/19House Referred to Committee on Labor, Commerce and Industry (House Journal-page 17)
03/26/19House Committee report: Favorable with amendment Labor, Commerce and Industry (House Journal-page 41)
03/27/19House Member(s) request name added as sponsor: Weeks
03/27/19 Scrivener's error corrected
04/02/19House Debate adjourned until Wed., 4-3-19 (House Journal-page 24)
04/03/19House Amended (House Journal-page 46)
04/03/19House Read second time (House Journal-page 46)
04/03/19House Roll call Yeas-106 Nays-0 (House Journal-page 51)
04/04/19House Read third time and sent to Senate (House Journal-page 23)
04/04/19Senate Introduced and read first time (Senate Journal-page 2)
04/04/19Senate Referred to Committee on Labor, Commerce and Industry (Senate Journal-page 2)
04/04/19 Scrivener's error corrected
04/30/19Senate Committee report: Favorable with amendment Labor, Commerce and Industry (Senate Journal-page 17)
05/08/19Senate Committee Amendment Adopted (Senate Journal-page 105)
05/08/19Senate Read second time (Senate Journal-page 105)
05/08/19Senate Roll call Ayes-44 Nays-0 (Senate Journal-page 105)
05/09/19Senate Read third time and returned to House with amendments (Senate Journal-page 38)
05/09/19House Concurred in Senate amendment and enrolled (House Journal-page 168)
05/09/19House Roll call Yeas-91 Nays-0 (House Journal-page 169)
05/13/19 Ratified R 88
05/16/19 Signed By Governor



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