NY State Senate Bill 2025-S6891B

Senate Bill S6891B

2025-2026 Legislative Session

Reforms the education requirements for persons who want to become certified public accountants

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Current Bill Status - On Floor Calendar

Introduced
- In Committee Assembly
- In Committee Senate
- On Floor Calendar Assembly
- On Floor Calendar Senate
- Passed Assembly
- Passed Senate
Delivered to Governor
Signed By Governor

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Actions

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	Assembly Actions - Lowercase Senate Actions - UPPERCASE
May 27, 2025	amended on third reading 6891b
May 19, 2025	amended on third reading 6891a
May 05, 2025	advanced to third reading
May 01, 2025	2nd report cal.
Apr 30, 2025	1st report cal.906
Mar 26, 2025	referred to higher education

Votes

- Apr 30, 2025 - Higher Education Committee Vote
  S6891B
  
  11
  
  Aye
  
  0
  
  Nay
  
  0
  
  Aye with Reservations
  
  0
  
  Absent
  
  0
  
  Excused
  
  0
  
  Abstained
  - - Higher Education Committee Vote: Apr 30, 2025
      
      aye (11)
      
      Fahy
      
      Gounardes
      
      Griffo
      
      Jackson
      
      Liu
      
      May
      
      Murray
      
      Oberacker
      
      Rivera
      
      Stavisky
      
      Webb

Bill Amendments

Original

B (Active)

co-Sponsors

View additional co-sponsors

2025-S6891 - Details

See Assembly Version of this Bill:: A7613
Law Section:: Education Law
Laws Affected:: Amd §§7404 & 7406, Ed L

2025-S6891 - Summary

Reforms the education requirements for persons who want to become certified public accountants; provides alternative pathways to being certified as certified public accountants.

2025-S6891 - Sponsor Memo

                                 
BILL NUMBER: S6891REVISED 4/30/2025

SPONSOR: STAVISKY
 
TITLE OF BILL:

An act to amend the education law, in relation to clarifying the
requirements for a certified public accountant

 
PURPOSE OR GENERAL IDEA OF BILL:

Authorizes the establishment of an additional pathway to CPA licensure
that maintains the license's integrity and protects the public while
providing flexibility in response to stakeholder demand.

 
SUMMARY OF PROVISIONS:

Section 1. Amends section 7404 of the education law to create an addi-
tional path to CPA licensure that would require a bachelor's degree, the
passage of a CPA exam and two years of professional experience.

Section 2. Amends section 7406 of the education law to seek to shift to
an "individual-based" mobility model that incorporates a CPA's ability

to practice across state lines. The amendment would also add language to
ensure CPAs meet exiting licensure requirements.

Section 3. Effective Date.

 
JUSTIFICATION:

Currently, CPA candidates must obtain 150 hours of higher education, or
a master's degree, one year of experience and passage of the CPA exam in
order to obtain a CPA license. This legislation would add an alternative
route to licensure by allowing candidates to earn a bachelors or
120-credit hours with 2 years of relative experience.  This change will
allow students to begin earning money sooner in their career while also
avoiding the cost of an additional year of college.

This bill will help address the shrinking pool of CPAs both in New York
and nationally, putting businesses, governmental agencies, individual
taxpayers and capital markets at risk due to a shortage of these trusted
financial professionals. Many other states are adopting this alternative
pathway, encouraging students to leave New York and to obtain their CPA
license in states that allow for the 120-hour pathway. Creating addi-
tional pathways to licensure will allow more opportunity for underprivi-
leged and minority students to enter the accounting profession.

Additionally, this bill ensures continued interstate practice mobility
for CPAs and makes it clear that as long as an out-of-state CPA has a
license in good standing and has passed the uniform CPA Examination,
they are welcome in New York without needing a reciprocal License, while
still being subject to New York's laws and regulations.

 
PRIOR LEGISLATIVE HISTORY:

New Bill.

 
FISCAL IMPLICATIONS FOR STATE AND LOCAL GOVERNMENTS:

N/A
 
EFFECTIVE DATE:
This act shall take effect on the one hundred eightieth day after it
shall have become a law.

2025-S6891 - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   6891
 
                        2025-2026 Regular Sessions
 
                             I N  S E N A T E
 
                              March 26, 2025
                                ___________
 
 Introduced  by Sen. STAVISKY -- read twice and ordered printed, and when
   printed to be committed to the Committee on Higher Education
 
 AN ACT to amend  the  education  law,  in  relation  to  clarifying  the
   requirements for a certified public accountant
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Paragraphs 2, 3 and 4 of subdivision 1 of section  7404  of
 the  education  law,  as amended by chapter 651 of the laws of 2008, are
 amended to read as follows:
   (2) Education: [have received an education, including a bachelor's  or
 higher  degree  or  a  foreign equivalent based on] PRESENT SATISFACTORY
 EVIDENCE OF COMPLETION OF ONE OF THE FOLLOWING:
   A. A CURRICULUM OF AT LEAST ONE HUNDRED TWENTY  SEMESTER  HOURS  IN  a
 program  in accountancy[, in accordance with the commissioner's] THAT IS
 REGISTERED BY THE DEPARTMENT, OR THAT IS  ACCREDITED  BY  AN  ACCEPTABLE
 ACCREDITING  AGENCY,  OR THAT IS DEEMED TO BE COMPARABLE TO A REGISTERED
 OR ACCREDITED PROGRAM, AS DETERMINED BY THE  DEPARTMENT;  PROVIDED  THAT
 FOR  EACH  OF  THE PROGRAMS DESCRIBED ABOVE, THE APPLICANT SHALL SATISFY
 THE UNDERGRADUATE CURRICULUM SEMESTER HOUR REQUIREMENTS FOR  THE  SPECI-
 FIED SUBJECTS SET FORTH IN THE DEPARTMENT'S regulations AS OF THE EFFEC-
 TIVE  DATE  OF  THE CHAPTER OF THE LAWS OF TWO THOUSAND TWENTY-FIVE THAT
 AMENDED THIS PARAGRAPH; OR
   B. A CURRICULUM OF AT LEAST ONE HUNDRED  FIFTY  SEMESTER  HOURS  IN  A
 PROGRAM DESCRIBED IN SUBPARAGRAPH A OF THIS PARAGRAPH.
   (3) Experience: [have]
   A.  PRESENT SATISFACTORY EVIDENCE OF COMPLETION OF THE FOLLOWING expe-
 rience [satisfactory to the board of regents and in accordance with  the
 commissioner's regulations;] REQUIREMENT:
   (I)  TWO  YEARS  OF ACCEPTABLE FULL-TIME EXPERIENCE, OR THE EQUIVALENT
 THEREOF, FOR AN APPLICANT WHO IS APPLYING FOR LICENSURE ON THE BASIS  OF
 THE  EDUCATION  DESCRIBED  IN  SUBPARAGRAPH  A  OF PARAGRAPH TWO OF THIS
 SUBDIVISION; OR
   (II) ONE YEAR OF ACCEPTABLE FULL-TIME EXPERIENCE,  OR  THE  EQUIVALENT
 THEREOF,  FOR AN APPLICANT WHO IS APPLYING FOR LICENSURE ON THE BASIS OF

  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD11185-01-5
 S. 6891                             2

 THE EDUCATION DESCRIBED IN SUBPARAGRAPH  B  OF  PARAGRAPH  TWO  OF  THIS
 SUBDIVISION.
   B. FOR THE PURPOSES OF THIS SUBDIVISION, ONE YEAR OF FULL-TIME EXPERI-
 ENCE  SHALL  MEAN  AN AGGREGATE TOTAL OF TWELVE CALENDAR MONTHS OF FULL-
 TIME EMPLOYMENT. FULL-TIME SHALL BE DEFINED AS  A  FIVE-DAY  WORK  WEEK,
 WITH  AT LEAST THIRTY-FIVE HOURS OF EXPERIENCE PER WEEK, EXCLUDING OVER-
 TIME. THE DEPARTMENT MAY ALSO CREDIT AN APPLICANT FOR PART-TIME  EXPERI-
 ENCE  IN  THE  AMOUNT  OF  ONE WEEK OF EXPERIENCE FOR EVERY TWO WEEKS OF
 ACCEPTABLE PART-TIME EXPERIENCE EARNED. PART-TIME SHALL BE DEFINED AS AT
 LEAST TWENTY HOURS OF EXPERIENCE PER WEEK.
   C. ACCEPTABLE EXPERIENCE SHALL BE ATTESTED TO BY  A  CERTIFIED  PUBLIC
 ACCOUNTANT  LICENSED  IN NEW YORK OR IN ANOTHER POLITICAL SUBDIVISION OF
 THE UNITED STATES, PROVIDED THAT SUCH CERTIFIED PUBLIC ACCOUNTANT  ACTED
 IN  A  SUPERVISORY  CAPACITY TO THE APPLICANT IN THE EMPLOYING ORGANIZA-
 TION.
   D. ACCEPTABLE EXPERIENCE IN THE PRACTICE OF PUBLIC  ACCOUNTANCY  SHALL
 BE  LIMITED  TO  EXPERIENCE  IN  PROVIDING ACCOUNTING SERVICES OR ADVICE
 INVOLVING THE USE OF ACCOUNTING,  ATTESTATION,  COMPILATION,  MANAGEMENT
 ADVISORY,  FINANCIAL ADVISORY, TAX OR CONSULTING SKILLS UNDER THE SUPER-
 VISION OF A CERTIFIED PUBLIC ACCOUNTANT LICENSED IN THE UNITED STATES OR
 A PUBLIC ACCOUNTANT LICENSED IN NEW YORK.
   E. ACCEPTABLE EXPERIENCE IN THE PRACTICE OF PUBLIC  ACCOUNTANCY  SHALL
 BE  EARNED  THROUGH  EMPLOYMENT  AS  AN EMPLOYEE IN PUBLIC PRACTICE IN A
 PUBLIC ACCOUNTING FIRM, GOVERNMENT, PRIVATE INDUSTRY OR  AN  EDUCATIONAL
 INSTITUTION.
   (4)  Examination: pass a written examination satisfactory to the board
 and in accordance with the commissioner's regulations, PROVIDED THAT THE
 REQUIRED EDUCATIONAL ATTAINMENT FOR SUCH EXAMINATION SHALL NOT BE GREAT-
 ER THAN THAT SET OUT IN SUBPARAGRAPH A OF PARAGRAPH TWO OF THIS SUBDIVI-
 SION, and the requirement with respect to such examination  may  not  be
 waived;
   § 2. Subdivision 2 of section 7406 of the education law, as amended by
 chapter 456 of the laws of 2011, is amended to read as follows:
   2. Practice privilege. a. Except as otherwise provided in subparagraph
 two  or  three  of  paragraph  f of this subdivision, a certified public
 accountant, licensed by another state [which the board  of  regents  has
 determined  to have substantially equivalent certified public accountant
 licensure requirements, or whose individual licensure qualifications are
 verified by the department to be substantially equivalent to New  York's
 requirements,  and  in good standing], who intends to perform any of the
 services in subdivision  one,  two  or  three  of  section  seventy-four
 hundred  one  of  this  article  may practice public accountancy in this
 state, if the certified public accountant:
   (1) holds a valid license to practice public accountancy in the  other
 state, [and]
   (2) practices public accountancy in another state that is [his or her]
 SUCH CERTIFIED PUBLIC ACCOUNTANT'S principal place of business,
   (3)  HAS COMPLETED A BACCALAUREATE OR HIGHER DEGREE PROGRAM IN ACCOUN-
 TANCY THAT IS REGISTERED BY THE DEPARTMENT, OR A BACCALAUREATE OR HIGHER
 DEGREE PROGRAM IN  ACCOUNTANCY  THAT  IS  ACCREDITED  BY  AN  ACCEPTABLE
 ACCREDITING  AGENCY, OR A BACCALAUREATE OR HIGHER DEGREE PROGRAM, OR ITS
 FOREIGN EQUIVALENT, THAT IS DEEMED TO BE COMPARABLE TO A  REGISTERED  OR
 ACCREDITED PROGRAM, AS DETERMINED BY THE DEPARTMENT,
   (4)  HAS PASSED THE WRITTEN EXAMINATION DESCRIBED IN PARAGRAPH FOUR OF
 SUBDIVISION ONE OF SECTION SEVENTY-FOUR HUNDRED FOUR  OF  THIS  ARTICLE,
 AND
 S. 6891                             3

   (5)  HAS ATTAINED ONE YEAR OF EXPERIENCE AS PROVIDED IN CLAUSE (II) OF
 SUBPARAGRAPH A OF PARAGRAPH THREE OF SUBDIVISION ONE OF  SECTION  SEVEN-
 TY-FOUR HUNDRED FOUR OF THIS ARTICLE.
   b. The practice privilege allows such certified public accountant, who
 meets  the  requirements  of paragraph a of this subdivision to practice
 public accountancy in this state.
   c. An individual who has been granted practice privileges  under  this
 section  who  performs  any of the services in subdivision one or two of
 section seventy-four hundred one of this article may only do so  through
 a  firm  which  has  obtained  a registration under section seventy-four
 hundred eight of this article. Such an individual, as well as  an  indi-
 vidual  with  a  New York license who does not have a principal place of
 business in New York, may  provide  services  in  subdivision  three  of
 section  seventy-four  hundred  one  of  this  article through a firm of
 certified public accountants that does not have a registration  in  this
 state but that holds a valid license, registration, or permit in another
 state.
   d.  Any certified public accountant who practices in this state pursu-
 ant to this section, and any firm that  employs  such  certified  public
 accountant  to provide such services in New York, consents to all of the
 following as a condition of the exercise of such practice privilege:
   (1) to the personal and subject matter jurisdiction  and  disciplinary
 authority  of  the  board  of  regents as if the practice privilege is a
 license, and an individual with a practice privilege is a licensee;
   (2) to comply with this article, the rules of the board of regents and
 the regulations of the commissioner; and
   (3) to the appointment of the secretary of state or other public offi-
 cial acceptable to the department, in the certified public  accountant's
 state  of  licensure  or  the  state in which the firm has its principal
 place of business, as the certified public accountant  or  firm's  agent
 upon  whom  process  may  be  served  in any action or proceeding by the
 department against such certified public accountant or firm.
   e. [For purposes of this subdivision, the board of regents may  deter-
 mine  that  nationally-recognized  certified public accountant licensure
 requirements are substantially equivalent to  New  York's  requirements,
 such that an individual licensed in a state determined to have licensure
 requirements  substantially  equivalent to the nationally-recognized CPA
 licensure requirements, or an individual whose licensure  qualifications
 are  determined  to be substantially equivalent to the nationally-recog-
 nized CPA licensure requirements, may practice under the practice privi-
 lege pursuant to the requirements contained in this subdivision.
   f.] (1) A person who wishes to practice  public  accountancy  in  this
 state but does not meet the requirements of paragraph a of this subdivi-
 sion  is  subject to the full licensing and registration requirements of
 this article.
   (2) In the event the license from the other  state  of  the  certified
 public accountant's principal place of business is no longer valid or in
 good standing, or that the certified public accountant has had any final
 disciplinary  action taken by the licensing or disciplinary authority of
 any other state concerning the practice of public accountancy  that  has
 resulted in (i) the suspension or revocation of [his or her] SUCH CERTI-
 FIED  PUBLIC  ACCOUNTANT'S  license,  or  (ii) other disciplinary action
 against [his or her] SUCH CERTIFIED  PUBLIC  ACCOUNTANT'S  license  that
 arises from (a) gross negligence, recklessness or intentional wrongdoing
 relating  to  the practice of public accountancy, (b) fraud or misappro-
 priation of funds relating to the practice of public accountancy, or (c)
 S. 6891                             4
 
 preparation, publication, or  dissemination  of  false,  fraudulent,  or
 materially  incomplete  or  misleading  financial statements, reports or
 information relating to the practice of public accountancy,  the  certi-
 fied  public  accountant  shall  cease offering to perform or performing
 such services in this state individually and on behalf of [his  or  her]
 SUCH CERTIFIED PUBLIC ACCOUNTANT'S firm, until and unless such certified
 public  accountant  receives  written  permission from the department to
 resume the practice of public accountancy  in  this  state  pursuant  to
 subparagraph three of this paragraph.
   (3)  Any certified public accountant who, within the last seven years,
 immediately preceding the date on  which  [he  or  she]  SUCH  CERTIFIED
 PUBLIC  ACCOUNTANT  wishes  to  practice  in  New York, (i) has been the
 subject of any final disciplinary action taken against [him or her] SUCH
 CERTIFIED PUBLIC ACCOUNTANT by the licensing or  disciplinary  authority
 of  any  other  jurisdiction with respect to any professional license or
 has any charges of professional misconduct pending against [him or  her]
 SUCH  CERTIFIED PUBLIC ACCOUNTANT in any other jurisdiction, or (ii) has
 had [his or her] SUCH CERTIFIED PUBLIC  ACCOUNTANT  license  in  another
 jurisdiction  reinstated  after  a  suspension  or  revocation  of  said
 license, or (iii) has been denied issuance or renewal of a  professional
 license  or  certificate  in any other jurisdiction for any reason other
 than an inadvertent administrative error, or (iv) has been convicted  of
 a  crime  or is subject to pending criminal charges in any jurisdiction,
 shall so notify the department, on a form prescribed by the  department,
 and  shall not practice public accountancy in this state under paragraph
 a of this subdivision until [he or she] SUCH CERTIFIED PUBLIC ACCOUNTANT
 has received from the department written permission to do so. In  deter-
 mining whether the certified public accountant shall be allowed to prac-
 tice  in this state, the department shall follow the procedure to deter-
 mine whether an applicant for licensure  is  of  good  moral  character.
 Anyone failing to provide the notice required by this paragraph shall be
 subject to the personal and subject matter jurisdiction and disciplinary
 authority  of  the  board  of  regents as if the practice privilege is a
 license, and an individual with a practice privilege is a licensee,  and
 may  be  deemed  to  be  practicing  in  violation of section sixty-five
 hundred twelve of this title.
   [g.] F. (1) Notwithstanding subparagraph two of paragraph  a  of  this
 subdivision  or  any  other  inconsistent law or rule to the contrary, a
 certified public accountant licensed by another state and in good stand-
 ing who otherwise meets the practice privilege requirements  under  this
 section  and  files  an application for licensure under section seventy-
 four hundred four of this article may continue to  practice  under  such
 privilege  for a period coterminous with the period during which [his or
 her]  SUCH  CERTIFIED  PUBLIC  ACCOUNTANT'S  application  for  licensure
 remains  pending  with  the  department,  including any period after the
 certified public accountant establishes a principal place of business in
 New York while [his or her] SUCH CERTIFIED PUBLIC ACCOUNTANT'S  applica-
 tion is pending.
   (2)  Nothing  in this section shall limit the applicability of section
 seventy-four hundred seven of this article.
   § 3. This act shall take effect on the one hundred eightieth day after
 it shall have become a law.

co-Sponsors

View additional co-sponsors

2025-S6891A - Details

See Assembly Version of this Bill:: A7613
Law Section:: Education Law
Laws Affected:: Amd §§7404 & 7406, Ed L

2025-S6891A - Summary

Reforms the education requirements for persons who want to become certified public accountants; provides alternative pathways to being certified as certified public accountants.

2025-S6891A - Sponsor Memo

                                 
BILL NUMBER: S6891A

SPONSOR: STAVISKY
 
TITLE OF BILL:

An act to amend the education law, in relation to clarifying the
requirements for a certified public accountant

 
PURPOSE OR GENERAL IDEA OF BILL:

Authorizes the establishment of an additional pathway to CPA licensure
that maintains the license's integrity and protects the public while
providing flexibility in response to stakeholder demand.

 
SUMMARY OF PROVISIONS:

Section 1. Amends section 7404 of the education law to create an addi-
tional path to CPA licensure that would require a bachelor's degree, the
passage of a CPA exam and two years of professional experience.

Section 2. Amends section 7406 of the education law to seek to shift to
an "individual-based" mobility model that incorporates a CPA's ability

to practice across state lines. The amendment would also add language to
ensure CPAs meet exiting licensure requirements.

Section 3. Effective Date.

 
JUSTIFICATION:

Currently, CPA candidates must obtain lA hours of higher education, or a
master's degree, one year of experience and passage of the CPA exam in
order to obtain a CPA license. This legislation would add an alternative
route to licensure by allowing candidates to earn a bachelors or
120-credit hours with 2 years of relative experience.This change will
allow students to begin earning money sooner in their career while also
avoiding the cost of an additional year of college.

This bill will help address the shrinking pool of CPAs both in New York
and nationally, putting businesses, governmental agencies, individual
taxpayers and capital markets at risk due to a shortage of these trusted
financial professionals. Many other states are adopting this alternative
pathway, encouraging students to leave New York and to obtain their CPA
license in states that allow for the 120-hour pathway. Creating addi-
tional pathways to licensure will allow more opportunity for underprivi-
leged and minority students to enter the accounting profession.

Additionally, this bill ensures continued interstate practice mobility
for CPAs and makes it clear that as long as an out-of-state CPA has a
license in good standing and has passed the uniform CPA Examination,
they are welcome in New York without needing a reciprocal License, while
still being subject to New York's laws and regulations.

 
PRIOR LEGISLATIVE HISTORY:

New Bill.

 
FISCAL IMPLICATIONS FOR STATE AND LOCAL GOVERNMENTS:

N/A
 
EFFECTIVE DATE:
This act shall take twelve months after it shall have become a law.

2025-S6891A - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  6891--A
     Cal. No. 906
 
                        2025-2026 Regular Sessions
 
                             I N  S E N A T E
 
                              March 26, 2025
                                ___________
 
 Introduced  by Sens. STAVISKY, FAHY, FERNANDEZ, GALLIVAN, HOYLMAN-SIGAL,
   JACKSON, LANZA, LIU -- read twice and ordered printed, and when print-
   ed to be committed to the Committee on Higher  Education  --  reported
   favorably  from  said  committee,  ordered to first and second report,
   ordered to a third reading, amended and ordered  reprinted,  retaining
   its place in the order of third reading
 
 AN  ACT  to  amend  the  education  law,  in  relation to clarifying the
   requirements for a certified public accountant
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  Paragraphs 2, 3 and 4 of subdivision 1 of section 7404 of
 the education law, as amended by chapter 651 of the laws  of  2008,  are
 amended to read as follows:
   (2)  Education: [have received an education, including a bachelor's or
 higher degree or a foreign equivalent  based  on]  PRESENT  SATISFACTORY
 EVIDENCE OF COMPLETION OF ONE OF THE FOLLOWING:
   A.  A  CURRICULUM  OF  AT LEAST ONE HUNDRED TWENTY SEMESTER HOURS IN a
 program in accountancy[, in accordance with the commissioner's] THAT  IS
 REGISTERED  BY  THE  DEPARTMENT,  OR THAT IS ACCREDITED BY AN ACCEPTABLE
 ACCREDITING AGENCY, OR THAT IS DEEMED TO BE COMPARABLE TO  A  REGISTERED
 OR  ACCREDITED  PROGRAM,  AS DETERMINED BY THE DEPARTMENT; PROVIDED THAT
 FOR EACH OF THE PROGRAMS DESCRIBED ABOVE, THE  APPLICANT  SHALL  SATISFY
 THE  UNDERGRADUATE  CURRICULUM SEMESTER HOUR REQUIREMENTS FOR THE SPECI-
 FIED SUBJECTS SET FORTH IN THE DEPARTMENT'S regulations AS OF THE EFFEC-
 TIVE DATE OF THE CHAPTER OF THE LAWS OF TWO  THOUSAND  TWENTY-FIVE  THAT
 AMENDED THIS PARAGRAPH; OR
   B.  A  CURRICULUM  OF  AT  LEAST ONE HUNDRED FIFTY SEMESTER HOURS IN A
 PROGRAM DESCRIBED IN SUBPARAGRAPH A OF THIS PARAGRAPH.
   (3) Experience: [have]
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD11185-03-5
 S. 6891--A                          2

 
   A. PRESENT SATISFACTORY EVIDENCE OF COMPLETION OF THE FOLLOWING  expe-
 rience  [satisfactory to the board of regents and in accordance with the
 commissioner's regulations;] REQUIREMENT:
   (I)  TWO  YEARS  OF ACCEPTABLE FULL-TIME EXPERIENCE, OR THE EQUIVALENT
 THEREOF, FOR AN APPLICANT WHO IS APPLYING FOR LICENSURE ON THE BASIS  OF
 THE  EDUCATION  DESCRIBED  IN  SUBPARAGRAPH  A  OF PARAGRAPH TWO OF THIS
 SUBDIVISION; OR
   (II) ONE YEAR OF ACCEPTABLE FULL-TIME EXPERIENCE,  OR  THE  EQUIVALENT
 THEREOF,  FOR AN APPLICANT WHO IS APPLYING FOR LICENSURE ON THE BASIS OF
 THE EDUCATION DESCRIBED IN SUBPARAGRAPH  B  OF  PARAGRAPH  TWO  OF  THIS
 SUBDIVISION.
   B. FOR THE PURPOSES OF THIS SUBDIVISION, ONE YEAR OF FULL-TIME EXPERI-
 ENCE  SHALL  MEAN  AN AGGREGATE TOTAL OF TWELVE CALENDAR MONTHS OF FULL-
 TIME EMPLOYMENT. FULL-TIME SHALL BE DEFINED AS  A  FIVE-DAY  WORK  WEEK,
 WITH  AT LEAST THIRTY-FIVE HOURS OF EXPERIENCE PER WEEK, EXCLUDING OVER-
 TIME. THE DEPARTMENT MAY ALSO CREDIT AN APPLICANT FOR PART-TIME  EXPERI-
 ENCE  IN  THE  AMOUNT  OF  ONE WEEK OF EXPERIENCE FOR EVERY TWO WEEKS OF
 ACCEPTABLE PART-TIME EXPERIENCE EARNED. PART-TIME SHALL BE DEFINED AS AT
 LEAST TWENTY HOURS OF EXPERIENCE PER WEEK.
   C. ACCEPTABLE EXPERIENCE SHALL BE ATTESTED TO BY  A  CERTIFIED  PUBLIC
 ACCOUNTANT  LICENSED  IN NEW YORK OR IN ANOTHER POLITICAL SUBDIVISION OF
 THE UNITED STATES, PROVIDED THAT SUCH CERTIFIED PUBLIC ACCOUNTANT  ACTED
 IN  A  SUPERVISORY  CAPACITY TO THE APPLICANT IN THE EMPLOYING ORGANIZA-
 TION.
   D. ACCEPTABLE EXPERIENCE IN THE PRACTICE OF PUBLIC  ACCOUNTANCY  SHALL
 BE  LIMITED  TO  EXPERIENCE  IN  PROVIDING ACCOUNTING SERVICES OR ADVICE
 INVOLVING THE USE OF ACCOUNTING,  ATTESTATION,  COMPILATION,  MANAGEMENT
 ADVISORY,  FINANCIAL ADVISORY, TAX OR CONSULTING SKILLS UNDER THE SUPER-
 VISION OF A CERTIFIED PUBLIC ACCOUNTANT LICENSED IN THE UNITED STATES OR
 A PUBLIC ACCOUNTANT LICENSED IN NEW YORK.
   E. ACCEPTABLE EXPERIENCE IN THE PRACTICE OF PUBLIC  ACCOUNTANCY  SHALL
 BE  EARNED  THROUGH  EMPLOYMENT  AS  AN EMPLOYEE IN PUBLIC PRACTICE IN A
 PUBLIC ACCOUNTING FIRM, GOVERNMENT, PRIVATE INDUSTRY OR  AN  EDUCATIONAL
 INSTITUTION.
   (4)  Examination: pass a written examination satisfactory to the board
 and in accordance with the commissioner's regulations, PROVIDED THAT THE
 REQUIRED EDUCATIONAL ATTAINMENT FOR SUCH EXAMINATION SHALL NOT BE GREAT-
 ER THAN THAT SET OUT IN SUBPARAGRAPH A OF PARAGRAPH TWO OF THIS SUBDIVI-
 SION, and the requirement with respect to such examination  may  not  be
 waived;
   § 2. Subdivision 2 of section 7406 of the education law, as amended by
 chapter 456 of the laws of 2011, is amended to read as follows:
   2. Practice privilege. a. Except as otherwise provided in subparagraph
 two  or  three  of  paragraph  f of this subdivision, a certified public
 accountant, licensed by another state [which the board  of  regents  has
 determined  to have substantially equivalent certified public accountant
 licensure requirements, or whose individual licensure qualifications are
 verified by the department to be substantially equivalent to New  York's
 requirements,  and  in good standing], who intends to perform any of the
 services in subdivision  one,  two  or  three  of  section  seventy-four
 hundred  one  of  this  article  may practice public accountancy in this
 state, if the certified public accountant:
   (1) holds a valid license to practice public accountancy in the  other
 state, [and]
   (2) practices public accountancy in another state that is [his or her]
 SUCH CERTIFIED PUBLIC ACCOUNTANT'S principal place of business,
 S. 6891--A                          3
 
   (3)  HAS COMPLETED A BACCALAUREATE OR HIGHER DEGREE PROGRAM IN ACCOUN-
 TANCY THAT IS REGISTERED BY THE DEPARTMENT, OR A BACCALAUREATE OR HIGHER
 DEGREE PROGRAM IN  ACCOUNTANCY  THAT  IS  ACCREDITED  BY  AN  ACCEPTABLE
 ACCREDITING  AGENCY, OR A BACCALAUREATE OR HIGHER DEGREE PROGRAM, OR ITS
 FOREIGN  EQUIVALENT,  THAT IS DEEMED TO BE COMPARABLE TO A REGISTERED OR
 ACCREDITED PROGRAM, AS DETERMINED BY THE DEPARTMENT,
   (4) HAS PASSED THE WRITTEN EXAMINATION DESCRIBED IN PARAGRAPH FOUR  OF
 SUBDIVISION  ONE  OF  SECTION SEVENTY-FOUR HUNDRED FOUR OF THIS ARTICLE,
 AND
   (5) HAS ATTAINED ONE YEAR OF EXPERIENCE AS PROVIDED IN CLAUSE (II)  OF
 SUBPARAGRAPH  A  OF PARAGRAPH THREE OF SUBDIVISION ONE OF SECTION SEVEN-
 TY-FOUR HUNDRED FOUR OF THIS ARTICLE.
   b. The practice privilege allows such certified public accountant, who
 meets the requirements of paragraph a of this  subdivision  to  practice
 public accountancy in this state.
   c.  An  individual who has been granted practice privileges under this
 section who performs any of the services in subdivision one  or  two  of
 section  seventy-four hundred one of this article may only do so through
 a firm which has obtained  a  registration  under  section  seventy-four
 hundred  eight  of this article. Such an individual, as well as an indi-
 vidual with a New York license who does not have a  principal  place  of
 business  in  New  York,  may  provide  services in subdivision three of
 section seventy-four hundred one of  this  article  through  a  firm  of
 certified  public  accountants that does not have a registration in this
 state but that holds a valid license, registration, or permit in another
 state.
   d. Any certified public accountant who practices in this state  pursu-
 ant  to  this  section,  and any firm that employs such certified public
 accountant to provide such services in New York, consents to all of  the
 following as a condition of the exercise of such practice privilege:
   (1)  to  the personal and subject matter jurisdiction and disciplinary
 authority of the board of regents as if  the  practice  privilege  is  a
 license, and an individual with a practice privilege is a licensee;
   (2) to comply with this article, the rules of the board of regents and
 the regulations of the commissioner; and
   (3) to the appointment of the secretary of state or other public offi-
 cial  acceptable to the department, in the certified public accountant's
 state of licensure or the state in which  the  firm  has  its  principal
 place  of  business,  as the certified public accountant or firm's agent
 upon whom process may be served in  any  action  or  proceeding  by  the
 department against such certified public accountant or firm.
   e.  [For purposes of this subdivision, the board of regents may deter-
 mine that nationally-recognized certified  public  accountant  licensure
 requirements  are  substantially  equivalent to New York's requirements,
 such that an individual licensed in a state determined to have licensure
 requirements substantially equivalent to the  nationally-recognized  CPA
 licensure  requirements, or an individual whose licensure qualifications
 are determined to be substantially equivalent to  the  nationally-recog-
 nized CPA licensure requirements, may practice under the practice privi-
 lege pursuant to the requirements contained in this subdivision.
   f.]  (1)  A  person  who wishes to practice public accountancy in this
 state but does not meet the requirements of paragraph a of this subdivi-
 sion is subject to the full licensing and registration  requirements  of
 this article.
   (2)  In  the  event  the license from the other state of the certified
 public accountant's principal place of business is no longer valid or in
 S. 6891--A                          4
 
 good standing, or that the certified public accountant has had any final
 disciplinary action taken by the licensing or disciplinary authority  of
 any  other  state concerning the practice of public accountancy that has
 resulted in (i) the suspension or revocation of [his or her] SUCH CERTI-
 FIED  PUBLIC  ACCOUNTANT'S  license,  or  (ii) other disciplinary action
 against [his or her] SUCH CERTIFIED  PUBLIC  ACCOUNTANT'S  license  that
 arises from (a) gross negligence, recklessness or intentional wrongdoing
 relating  to  the practice of public accountancy, (b) fraud or misappro-
 priation of funds relating to the practice of public accountancy, or (c)
 preparation, publication, or  dissemination  of  false,  fraudulent,  or
 materially  incomplete  or  misleading  financial statements, reports or
 information relating to the practice of public accountancy,  the  certi-
 fied  public  accountant  shall  cease offering to perform or performing
 such services in this state individually and on behalf of [his  or  her]
 SUCH CERTIFIED PUBLIC ACCOUNTANT'S firm, until and unless such certified
 public  accountant  receives  written  permission from the department to
 resume the practice of public accountancy  in  this  state  pursuant  to
 subparagraph three of this paragraph.
   (3)  Any certified public accountant who, within the last seven years,
 immediately preceding the date on  which  [he  or  she]  SUCH  CERTIFIED
 PUBLIC  ACCOUNTANT  wishes  to  practice  in  New York, (i) has been the
 subject of any final disciplinary action taken against [him or her] SUCH
 CERTIFIED PUBLIC ACCOUNTANT by the licensing or  disciplinary  authority
 of  any  other  jurisdiction with respect to any professional license or
 has any charges of professional misconduct pending against [him or  her]
 SUCH  CERTIFIED PUBLIC ACCOUNTANT in any other jurisdiction, or (ii) has
 had [his or her] SUCH CERTIFIED PUBLIC  ACCOUNTANT  license  in  another
 jurisdiction  reinstated  after  a  suspension  or  revocation  of  said
 license, or (iii) has been denied issuance or renewal of a  professional
 license  or  certificate  in any other jurisdiction for any reason other
 than an inadvertent administrative error, or (iv) has been convicted  of
 a  crime  or is subject to pending criminal charges in any jurisdiction,
 shall so notify the department, on a form prescribed by the  department,
 and  shall not practice public accountancy in this state under paragraph
 a of this subdivision until [he or she] SUCH CERTIFIED PUBLIC ACCOUNTANT
 has received from the department written permission to do so. In  deter-
 mining whether the certified public accountant shall be allowed to prac-
 tice  in this state, the department shall follow the procedure to deter-
 mine whether an applicant for licensure  is  of  good  moral  character.
 Anyone failing to provide the notice required by this paragraph shall be
 subject to the personal and subject matter jurisdiction and disciplinary
 authority  of  the  board  of  regents as if the practice privilege is a
 license, and an individual with a practice privilege is a licensee,  and
 may  be  deemed  to  be  practicing  in  violation of section sixty-five
 hundred twelve of this title.
   [g.] F. (1) Notwithstanding subparagraph two of paragraph  a  of  this
 subdivision  or  any  other  inconsistent law or rule to the contrary, a
 certified public accountant licensed by another state and in good stand-
 ing who otherwise meets the practice privilege requirements  under  this
 section  and  files  an application for licensure under section seventy-
 four hundred four of this article may continue to  practice  under  such
 privilege  for a period coterminous with the period during which [his or
 her]  SUCH  CERTIFIED  PUBLIC  ACCOUNTANT'S  application  for  licensure
 remains  pending  with  the  department,  including any period after the
 certified public accountant establishes a principal place of business in
 S. 6891--A                          5
 
 New York while [his or her] SUCH CERTIFIED PUBLIC ACCOUNTANT'S  applica-
 tion is pending.
   (2)  Nothing  in this section shall limit the applicability of section
 seventy-four hundred seven of this article.
   § 3. This act shall take effect twelve  months  after  it  shall  have
 become a law.

co-Sponsors

View additional co-sponsors

2025-S6891B (ACTIVE) - Details

See Assembly Version of this Bill:: A7613
Law Section:: Education Law
Laws Affected:: Amd §§7404 & 7406, Ed L

2025-S6891B (ACTIVE) - Summary

Reforms the education requirements for persons who want to become certified public accountants; provides alternative pathways to being certified as certified public accountants.

2025-S6891B (ACTIVE) - Sponsor Memo

                                 
BILL NUMBER: S6891B

SPONSOR: STAVISKY
 
TITLE OF BILL:

An act to amend the education law, in relation to clarifying the
requirements for a certified public accountant

 
PURPOSE OR GENERAL IDEA OF BILL:

Authorizes the establishment of an additional pathway to CPA licensure
and enhance practice mobility.

 
SUMMARY OF PROVISIONS:

Section 1. Amends section 7404 of the education law to create an addi-
tional path to CPA licensure that would require a bachelor's degree, the
passage of a CPA exam and two years of professional experience.

Section 2. Amends section 7406 of the education law to seek to shift to
an "individual-based" mobility model that incorporates a CPA's ability
to practice across state lines. The amendment would also add language to

ensure CPAs meet exiting licensure requirements.

Section 3. Effective Date.

 
JUSTIFICATION:

Currently, CPA candidates must obtain 150 hours of higher education, or
a master's degree, one year of experience and passage of the CPA exam in
order to obtain a CPA license. This legislation would add an alternative
route to licensure by allowing candidates to earn a bachelor's or
120-credit hours with 2 years of relative experience.  This change will
allow students to begin earning money sooner in their career while also
avoiding the cost of an additional year of college.

This bill will help address the shrinking pool of CPAs both in New York
and nationally, putting businesses, governmental agencies, individual
taxpayers and capital markets at risk due to a shortage of these trusted
financial professionals. Many other states are adopting this alternative
pathway, encouraging students to leave New York and to obtain their CPA
license in states that allow for the 120-hour pathway. Creating addi-
tional pathways to licensure will allow more opportunity for underprivi-
leged and minority students to enter the accounting profession.

Additionally, this bill ensures continued interstate practice mobility
for CPAs and makes it clear that as tong as an out-of-state CPA has a
license in good standing and has passed the uniform CPA Examination,
they are welcome in New York without needing a reciprocal license, white
still being subject to New York's laws and regulations.

 
PRIOR LEGISLATIVE HISTORY:

New Bill.

 
FISCAL IMPLICATIONS FOR STATE AND LOCAL GOVERNMENTS:

TBD

 
EFFECTIVE DATE:
This act shall take effect twelve months after it shall become a taw.

2025-S6891B (ACTIVE) - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  6891--B
     Cal. No. 906
 
                        2025-2026 Regular Sessions
 
                             I N  S E N A T E
 
                              March 26, 2025
                                ___________
 
 Introduced  by Sens. STAVISKY, FAHY, FERNANDEZ, GALLIVAN, HOYLMAN-SIGAL,
   JACKSON, LANZA, LIU, SKOUFIS -- read twice and  ordered  printed,  and
   when  printed  to be committed to the Committee on Higher Education --
   reported favorably from said committee, ordered to  first  and  second
   report,  ordered  to  a  third reading, amended and ordered reprinted,
   retaining its place in the order of third reading -- again amended and
   ordered reprinted, retaining its place in the order of third reading
 
 AN ACT to amend  the  education  law,  in  relation  to  clarifying  the
   requirements for a certified public accountant
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Paragraphs 2, 3 and 4 of subdivision 1 of section  7404  of
 the  education  law,  as amended by chapter 651 of the laws of 2008, are
 amended to read as follows:
   (2) Education: have received an education, including a  bachelor's  or
 higher  degree  or  a  foreign  equivalent  [based on] FROM A PROGRAM IN
 ACCOUNTANCY THAT IS REGISTERED BY THE DEPARTMENT, OR  DEEMED  COMPARABLE
 TO  A  REGISTERED  PROGRAM  AS DETERMINED BY THE DEPARTMENT. TO MEET THE
 PROFESSIONAL EDUCATION REQUIREMENTS FOR LICENSURE, THE  APPLICANT  SHALL
 PRESENT SATISFACTORY EVIDENCE OF COMPLETION OF ONE OF THE FOLLOWING:
   A.  A  CURRICULUM  OF  AT LEAST ONE HUNDRED TWENTY SEMESTER HOURS IN a
 program in accountancy, [in accordance  with  the  commissioner's  regu-
 lations]  PROVIDED  THAT  THE  APPLICANT SHALL SATISFY THE UNDERGRADUATE
 CURRICULUM SEMESTER HOUR REQUIREMENTS FOR  THE  SPECIFIED  SUBJECTS  SET
 FORTH IN THE COMMISSIONER'S REGULATIONS; OR
   B.  A  CURRICULUM  OF  AT  LEAST ONE HUNDRED FIFTY SEMESTER HOURS IN A
 PROGRAM IN ACCOUNTANCY, PROVIDED THAT THE APPLICANT  SHALL  SATISFY  THE
 CURRICULUM  SEMESTER  HOUR  REQUIREMENTS  FOR THE SPECIFIED SUBJECTS SET
 FORTH IN THE COMMISSIONER'S REGULATIONS;
   (3) Experience: [have]
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD11185-09-5

 S. 6891--B                          2
 
   PRESENT EVIDENCE OF COMPLETION OF THE FOLLOWING experience,  satisfac-
 tory  to  the board of regents and in accordance with the commissioner's
 regulations:
   (I)  TWO  YEARS  OF ACCEPTABLE FULL-TIME EXPERIENCE, OR THE EQUIVALENT
 THEREOF, FOR AN APPLICANT WHO IS APPLYING FOR LICENSURE ON THE BASIS  OF
 THE  EDUCATION  DESCRIBED  IN  SUBPARAGRAPH  A  OF PARAGRAPH TWO OF THIS
 SUBDIVISION; OR
   (II) ONE YEAR OF ACCEPTABLE FULL-TIME EXPERIENCE,  OR  THE  EQUIVALENT
 THEREOF,  FOR AN APPLICANT WHO IS APPLYING FOR LICENSURE ON THE BASIS OF
 THE EDUCATION DESCRIBED IN SUBPARAGRAPH  B  OF  PARAGRAPH  TWO  OF  THIS
 SUBDIVISION;
   (4)  Examination: pass a written examination satisfactory to the board
 and in accordance with the commissioner's regulations, PROVIDED THAT THE
 REQUIRED EDUCATIONAL ATTAINMENT FOR SUCH EXAMINATION SHALL NOT BE GREAT-
 ER THAN THAT SET OUT IN SUBPARAGRAPH A OF PARAGRAPH TWO OF THIS SUBDIVI-
 SION, and the requirement with respect to such examination  may  not  be
 waived;
   § 2. Subdivision 2 of section 7406 of the education law, as amended by
 chapter 456 of the laws of 2011, is amended to read as follows:
   2. Practice privilege. a. Except as otherwise provided in subparagraph
 two  or three of paragraph [f] E of this subdivision, a certified public
 accountant, licensed by another state [which the board  of  regents  has
 determined  to have substantially equivalent certified public accountant
 licensure requirements, or whose individual licensure qualifications are
 verified by the department to be substantially equivalent to New  York's
 requirements,  and  in good standing], who intends to perform any of the
 services in subdivision  one,  two  or  three  of  section  seventy-four
 hundred  one  of  this  article  may practice public accountancy in this
 state, if the certified public accountant:
   (1) holds a valid license to practice public accountancy WHICH  IS  IN
 GOOD STANDING in the other state, [and]
   (2) practices public accountancy in another state that is [his or her]
 SUCH CERTIFIED PUBLIC ACCOUNTANT'S principal place of business,
   (3)  HAS COMPLETED EITHER OF THE PROFESSIONAL EDUCATION AND EXPERIENCE
 REQUIREMENTS AS DESCRIBED IN PARAGRAPHS TWO AND THREE OF SUBDIVISION ONE
 OF SECTION SEVENTY-FOUR HUNDRED FOUR OF THIS ARTICLE, AND
   (4) HAS PASSED THE WRITTEN EXAMINATION DESCRIBED IN PARAGRAPH FOUR  OF
 SUBDIVISION ONE OF SECTION SEVENTY-FOUR HUNDRED FOUR OF THIS ARTICLE.
   b. The practice privilege allows such certified public accountant, who
 meets  the  requirements  of paragraph a of this subdivision to practice
 public accountancy in this state.
   c. An individual who has been granted practice privileges  under  this
 section  who  performs  any of the services in subdivision one or two of
 section seventy-four hundred one of this article may only do so  through
 a  firm  which  has  obtained  a registration under section seventy-four
 hundred eight of this article. Such an individual, as well as  an  indi-
 vidual  with  a  New York license who does not have a principal place of
 business in New York, may  provide  services  in  subdivision  three  of
 section  seventy-four  hundred  one  of  this  article through a firm of
 certified public accountants that does not have a registration  in  this
 state but that holds a valid license, registration, or permit in another
 state.
   d.  Any certified public accountant who practices in this state pursu-
 ant to this section, and any firm that  employs  such  certified  public
 accountant  to provide such services in New York, consents to all of the
 following as a condition of the exercise of such practice privilege:
 S. 6891--B                          3
 
   (1) to the personal and subject matter jurisdiction  and  disciplinary
 authority  of  the  board  of  regents as if the practice privilege is a
 license, and an individual with a practice privilege is a licensee;
   (2) to comply with this article, the rules of the board of regents and
 the regulations of the commissioner; and
   (3) to the appointment of the secretary of state or other public offi-
 cial  acceptable to the department, in the certified public accountant's
 state of licensure or the state in which  the  firm  has  its  principal
 place  of  business,  as the certified public accountant or firm's agent
 upon whom process may be served in  any  action  or  proceeding  by  the
 department against such certified public accountant or firm.
   e.  [For purposes of this subdivision, the board of regents may deter-
 mine that nationally-recognized certified  public  accountant  licensure
 requirements  are  substantially  equivalent to New York's requirements,
 such that an individual licensed in a state determined to have licensure
 requirements substantially equivalent to the  nationally-recognized  CPA
 licensure  requirements, or an individual whose licensure qualifications
 are determined to be substantially equivalent to  the  nationally-recog-
 nized CPA licensure requirements, may practice under the practice privi-
 lege pursuant to the requirements contained in this subdivision.
   f.]  (1)  A  person  who wishes to practice public accountancy in this
 state but does not meet the requirements of paragraph a of this subdivi-
 sion is subject to the full licensing and registration  requirements  of
 this article.
   (2)  In  the  event  the license from the other state of the certified
 public accountant's principal place of business is no longer valid or in
 good standing, or that the certified public accountant has had any final
 disciplinary action taken by the licensing or disciplinary authority  of
 any  other  state concerning the practice of public accountancy that has
 resulted in (i) the suspension or revocation of [his or her] SUCH CERTI-
 FIED PUBLIC ACCOUNTANT'S license,  or  (ii)  other  disciplinary  action
 against  [his  or  her]  SUCH CERTIFIED PUBLIC ACCOUNTANT'S license that
 arises from (a) gross negligence, recklessness or intentional wrongdoing
 relating to the practice of public accountancy, (b) fraud  or  misappro-
 priation of funds relating to the practice of public accountancy, or (c)
 preparation,  publication,  or  dissemination  of  false, fraudulent, or
 materially incomplete or misleading  financial  statements,  reports  or
 information  relating  to the practice of public accountancy, the certi-
 fied public accountant shall cease offering  to  perform  or  performing
 such  services  in this state individually and on behalf of [his or her]
 SUCH CERTIFIED PUBLIC ACCOUNTANT'S firm, until and unless such certified
 public accountant receives written permission  from  the  department  to
 resume  the  practice  of  public  accountancy in this state pursuant to
 subparagraph three of this paragraph.
   (3) Any certified public accountant who, within the last seven  years,
 immediately  preceding  the  date  on  which  [he or she] SUCH CERTIFIED
 PUBLIC ACCOUNTANT wishes to practice in  New  York,  (i)  has  been  the
 subject of any final disciplinary action taken against [him or her] SUCH
 CERTIFIED  PUBLIC  ACCOUNTANT by the licensing or disciplinary authority
 of any other jurisdiction with respect to any  professional  license  or
 has  any charges of professional misconduct pending against [him or her]
 SUCH CERTIFIED PUBLIC ACCOUNTANT in any other jurisdiction, or (ii)  has
 had  [his  or  her]  SUCH CERTIFIED PUBLIC ACCOUNTANT license in another
 jurisdiction  reinstated  after  a  suspension  or  revocation  of  said
 license,  or (iii) has been denied issuance or renewal of a professional
 license or certificate in any other jurisdiction for  any  reason  other
 S. 6891--B                          4
 
 than  an inadvertent administrative error, or (iv) has been convicted of
 a crime or is subject to pending criminal charges in  any  jurisdiction,
 shall  so notify the department, on a form prescribed by the department,
 and  shall not practice public accountancy in this state under paragraph
 a of this subdivision until [he or she] SUCH CERTIFIED PUBLIC ACCOUNTANT
 has received from the department written permission to do so. In  deter-
 mining whether the certified public accountant shall be allowed to prac-
 tice  in this state, the department shall follow the procedure to deter-
 mine whether an applicant for licensure  is  of  good  moral  character.
 Anyone failing to provide the notice required by this paragraph shall be
 subject to the personal and subject matter jurisdiction and disciplinary
 authority  of  the  board  of  regents as if the practice privilege is a
 license, and an individual with a practice privilege is a licensee,  and
 may  be  deemed  to  be  practicing  in  violation of section sixty-five
 hundred twelve of this title.
   [g.] F. (1) Notwithstanding subparagraph two of paragraph  a  of  this
 subdivision  or  any  other  inconsistent law or rule to the contrary, a
 certified public accountant licensed by another state and in good stand-
 ing who otherwise meets the practice privilege requirements  under  this
 section  and  files  an application for licensure under section seventy-
 four hundred four of this article may continue to  practice  under  such
 privilege  for a period coterminous with the period during which [his or
 her]  SUCH  CERTIFIED  PUBLIC  ACCOUNTANT'S  application  for  licensure
 remains  pending  with  the  department,  including any period after the
 certified public accountant establishes a principal place of business in
 New York while [his or her] SUCH CERTIFIED PUBLIC ACCOUNTANT'S  applica-
 tion is pending.
   (2)  Nothing  in this section shall limit the applicability of section
 seventy-four hundred seven of this article.
   § 3. This act shall take effect twelve  months  after  it  shall  have
 become a law.

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Senate Bill S6891B

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Current Bill Status - On Floor Calendar

Bill Amendments

co-Sponsors

2025-S6891 - Details

2025-S6891 - Summary

2025-S6891 - Sponsor Memo

2025-S6891 - Bill Text download pdf

co-Sponsors

2025-S6891A - Details

2025-S6891A - Summary

2025-S6891A - Sponsor Memo

2025-S6891A - Bill Text download pdf

co-Sponsors

2025-S6891B (ACTIVE) - Details

2025-S6891B (ACTIVE) - Summary

2025-S6891B (ACTIVE) - Sponsor Memo

2025-S6891B (ACTIVE) - Bill Text download pdf

Comments