Current Status Senate Bill Number:22 Ratification Number:49 Act Number:22 Primary Sponsor:Passailaigue Type of Legislation:GB Subject:Public accountants, education requirements Date Bill Passed both Bodies:Apr 05, 1991 Computer Document Number:22 Governor's Action:S Date of Governor's Action:Apr 22, 1991 Introduced Date:Jan 08, 1991 Date of Last Amendment:Feb 28, 1991 Last History Body:------ Last History Date:Apr 22, 1991 Last History Type:Act No. 22 Scope of Legislation:Statewide All Sponsors:Passailaigue Type of Legislation:General Bill
Bill Body Date Action Description CMN
---- ------ ------------ ------------------------------ ---
22 ------ Apr 22, 1991 Act No. 22
22 ------ Apr 22, 1991 Signed by Governor
22 ------ Apr 18, 1991 Ratified R 49
22 House Apr 05, 1991 Read third time, enrolled for
ratification
22 House Apr 04, 1991 Unanimous consent for third
reading on next Legislative
day
22 House Apr 04, 1991 Read second time
22 House Mar 28, 1991 Committee Report: Favorable 26
22 House Mar 05, 1991 Introduced, read first time, 26
referred to Committee
22 Senate Mar 01, 1991 Read third time, sent to House
22 Senate Feb 28, 1991 Amended, read second time,
unanimous consent for third
reading on Friday, March 1
22 Senate Feb 27, 1991 Committee Report: Favorable 12
with amendment
22 Senate Jan 08, 1991 Introduced and read first 12
time, referred to Committee
22 Senate Sep 10, 1990 Prefiled, referred to 12
Committee
View additional legislative information at the LPITS web site.
(A22, R49, S22)
AN ACT TO AMEND SECTION 40-1-180, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE QUALIFICATIONS OF CERTIFIED PUBLIC ACCOUNTANTS, SO AS TO REVISE THE EDUCATIONAL REQUIREMENTS; AND SECTION 40-1-240, RELATING TO THE WAIVER OF THE EXAMINATION FOR ACCOUNTANTS AND THE REQUIREMENTS FOR NONRESIDENTS, SO AS TO REVISE THE CIRCUMSTANCES UNDER WHICH A WAIVER IS ALLOWED.
Be it enacted by the General Assembly of the State of South Carolina:
Certified public accountants, educational requirements
SECTION 1. Section 40-1-180 of the 1976 Code is amended to read:
"Section 40-1-180. (A) Each applicant making application for examination shall submit evidence satisfactory to the board that he:
(1) is at least eighteen years of age;
(2) does not have a history of dishonest or felonious acts;
(3) has the following educational background:
(a) Before July 1, 1997, each applicant must have a baccalaureate degree from a college or university recognized by the board including a minimum of twenty-four hours or the equivalent in accounting hours.
(b) After June 30, 1997, each applicant must have at least one hundred fifty semester hours of college education including a baccalaureate or higher degree conferred by a college or university acceptable to the board, the total educational program to include an accounting concentration or equivalent as determined by board rule to be appropriate.
(B) The educational requirements are waived for a candidate who is a South Carolina public accountant licensed and in good standing under this article or who, on July 1, 1965, was practicing as a public accountant or who then was employed as a staff accountant in this State by anyone practicing public accounting."
Waiver of examination for nonresident CPA's
SECTION 2. Section 40-1-240 of the 1976 Code is amended to read:
"Section 40-1-240. The board, upon application in writing, may waive the examination referred to in Section 40-1-170 and issue a certificate to a person who is the holder of a certificate as a certified public accountant issued under the laws of any state and who has the qualifications required by this article and the regulations of the board when the person submits to the board evidence as to the qualifications it requires.
A nonresident obtaining a certificate in this State under the provisions of this section shall pay application, certificate, and license fees required of residents of this State and is subject to regulations and restrictions required of residents who are recipients of certificates of registration under this article."
Time effective
SECTION 3. This act takes effect upon approval by the Governor.
Approved the 22nd day of April, 1991.