CPA Exam bill moves to the Senate

Written on Jul 01, 2020

OSCPA staff report

After overwhelmingly passing the House, HB 442 was referred to the Senate Transportation, Commerce and Workforce Committee on June 30.

HB 442 gained 48 sponsors and cosponsors out of 99 legislators in the House.

If passed, the bill would change Ohio law to enable Ohio CPA candidates to start taking the CPA exam after they have a bachelor’s degree or its equivalent of 120 semester hours – consistent with 37 other states. As with every other state, all would be required to finish their 150-hour requirement, pass the exam and have a year of experience before being licensed. The bill also eliminates the extra year of experience penalty impacting anyone who starts taking the exam prior to meeting the 150-hour requirement.

Senate hearings likely won’t take place until the fall.

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