CPA exam bill clears House

Written on Jun 11, 2020

OSCPA staff report 

The Ohio House on June 9 overwhelmingly passed a bill that would allow candidates to take the CPA Exam sooner. 

House Bill House Bill 442 now heads to the Senate having gained 48 sponsors and cosponsors out of 99 legislators in the House. 

OSCPA strongly supports the bill based upon the input of member employers, its Executive Board, Young CPA Board and student members. With so much support, there are plenty of people to thank for the bill’s progress, said Society Government Relations VP Barbara Benton, CAE. 

“We need to give a big thanks to Rep. Bill Roemer, CPA and his aide, Andrew Shehorn; joint sponsor Rep. Thomas West; Speaker Householder; Commerce and Labor Committee Chair Gayle Manning; and Majority Whip Jay Edwards for all of their hard work in getting this bill through the Ohio House with a unanimous, 92-0 vote,” Benton said. “We should also thank the 46 other House members who cosponsored the bill.” 

She said while it is possible one hearing could take place in the Senate before the summer break, most activity is anticipated for the fall months. 

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.