Governor Signs CPA Mobility Bill

House Bill 2144, which eliminates unnecessary red tape for out-of-state CPAs who practice in Texas, was signed into law by Gov. Rick Perry on June 15.

Getting this law passed was one of the main goals of TSCPA’s legislative agenda for this year. Congratulations to all the TSCPA volunteers who spent time advocating the importance of this bill to Texas legislators!

The new law requires out-of-state CPA firms to have a Texas license to perform audits on Texas companies. For all other services, CPAs with substantially equivalent qualifications as Texas may practice in Texas without notice or license.

By so doing the CPA becomes subject to the Texas laws and rules, including the jurisdiction of the Texas State Board of Public Accountancy. Texas is the seventh state to ease restrictions on interstate CPA practice. Read the new law.