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S04221 Summary:

BILL NOS04221
 
SAME ASSAME AS A01938
 
SPONSORSTAVISKY
 
COSPNSRADDABBO, COMRIE, GAUGHRAN, GOUNARDES, HOYLMAN, KAMINSKY, KENNEDY, MANNION, MAYER, RAMOS, SALAZAR, SEPULVEDA
 
MLTSPNSR
 
Amd §§1503, 1507, 1508, 1509, 1511, 1514 & 1525, BC L; amd §§121-1500, 121-1502 & 121-101, Partn L; amd §§1207 & 1301, Lim Lil L
 
Relates to certified public accountants; requires that a majority of the ownership of a professional service corporation formed to lawfully engage in the practice of public accountancy are individuals licensed to practice public accountancy in some state; enacts similar provisions for partnerships and LLCs.
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