2025 Regular SessionVirginia Legislature

SB1042: Certified public accountant; educational requirements to qualify for CPA licensure.

Legislative Summary

Certified public accountant; educational requirements. Clarifies education and experience requirements for candidates to qualify for CPA licensure. The bill also provides that, to qualify for practice privileges within the Commonwealth, an individual must have a license in good standing in another jurisdiction and have passed the CPA examination. The bill directs the Board of Accountancy to adopt emergency regulations to implement the provisions of the bill. The bill contains technical amendments. This bill is identical to HB 2042.

Demographic Impact

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Bill History

1/7/2025
Prefiled and ordered printed; Offered 01-08-2025 25101090D
Senate
1/7/2025
Referred to Committee on General Laws and Technology
Senate
1/13/2025
Fiscal Impact Statement from Department of Planning and Budget (SB1042)
Senate
1/15/2025
Reported from General Laws and Technology with amendment and rereferred to Finance and Appropriations (15-Y 0-N)
Senate
1/29/2025
Reported from Finance and Appropriations (14-Y 0-N)
Senate
1/30/2025
Rules suspended
Senate
1/30/2025
Constitutional reading dispensed (on 1st reading) (39-Y 0-N 1-A)
Senate
1/30/2025
Passed by for the day
Senate
1/31/2025
Read second time
Senate
1/31/2025
Reading of amendment waived
Senate
1/31/2025
General Laws and Technology Amendment agreed to
Senate
1/31/2025
Engrossed by Senate as amended
Senate
1/31/2025
Printed as engrossed 25101090D-E
Senate
1/31/2025
Rules suspended
Senate
1/31/2025
Constitutional reading dispensed (on 3rd reading) (40-Y 0-N)
Senate
1/31/2025
Passed Senate (40-Y 0-N)
Senate
1/31/2025
Fiscal Impact Statement from Department of Planning and Budget (SB1042)
Senate
2/6/2025
Placed on Calendar
House of Delegates
2/6/2025
Read first time
House of Delegates
2/6/2025
Referred to Committee on General Laws
House of Delegates
2/6/2025
Reported from General Laws (21-Y 0-N)
House of Delegates
2/10/2025
Read second time
House of Delegates
2/11/2025
Read third time
House of Delegates
2/11/2025
Passed House (94-Y 0-N)
House of Delegates
2/13/2025
Enrolled
Senate
2/13/2025
Bill text as passed Senate and House (SB1042ER)
Senate
2/13/2025
Fiscal Impact Statement from Department of Planning and Budget (SB1042)
Senate
2/13/2025
Signed by Speaker
House of Delegates
2/16/2025
Signed by President
Senate
2/20/2025
Enrolled Bill Communicated to Governor on February 20, 2025
Senate
2/20/2025
Governor's Action Deadline 11:59 p.m., March 24, 2025
3/24/2025
Approved by Governor-Chapter 539 (Effective 07/01/25)
3/24/2025
Acts of Assembly Chapter text (CHAP0539)

Amendments

General Laws and Technology Amendment

General Laws and Technology Amendment

Not Adopted

Roll Call Votes

Passed House (94-Y 0-N)
2/11/2025
94
Yea
0
Nay
0
Not Voting
6
Absent
Result: PASSED
Reported from General Laws (21-Y 0-N)
2/6/2025
21
Yea
0
Nay
0
Not Voting
1
Absent
Result: PASSED
Passed Senate (40-Y 0-N)
1/31/2025
40
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED
Constitutional reading dispensed (on 3rd reading) (40-Y 0-N)
1/31/2025
40
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED
Constitutional reading dispensed (on 1st reading) (39-Y 0-N 1-A)
1/30/2025
39
Yea
0
Nay
1
Not Voting
0
Absent
Result: PASSED
Reported from Finance and Appropriations (14-Y 0-N)
1/29/2025
14
Yea
0
Nay
0
Not Voting
1
Absent
Result: PASSED
Reported from General Laws and Technology with amendment and rereferred to Finance and Appropriations (15-Y 0-N)
1/15/2025
15
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED

Status Information

Current Status
Passed(3/24/2025)
Chamber
Senate

Sponsors

Democrat: 1

Primary Sponsor

Adam Ebbin
Adam Ebbin
Democrat

Documents

Chaptered
Bill Text3/24/202559.4 KB
Enrolled
Bill Text2/13/202560.5 KB
Engrossed
Bill Text1/31/202561.4 KB
Introduced
Bill Text1/7/202561.2 KB
Fiscal Note/Analysis
Fiscal Note/Analysis2/13/202598.4 KB
Fiscal Note/Analysis
Fiscal Note/Analysis1/31/202597.8 KB
Fiscal Note/Analysis
Fiscal Note/Analysis1/13/202596.5 KB