Sunset Bills Introduced to Texas Legislature

Sunset Bill Introduced in Texas House

By John Sharbaugh, CAE
Managing Director, Governmental Affairs

Feb. 14, 2019

The Sunset legislation (HB 1520) on the Texas State Board of Public Accountancy (TSBPA) and the Texas Public Accountancy Act (TPAA) was finally introduced in the Texas House of Representatives this week.

HB 1520 is sponsored by Rep. Senfronia Thompson (D-Houston). The proposed legislation will continue the TSBPA until September 1, 2031 when it would expire unless it successfully completes another Sunset Review.

In addition to extending the TSBPA for another 12 years, the bill also makes other changes to the TPAA to implement the recommendations adopted by the Sunset Commission as part of the review of the TSBPA.

The bill will have to go through the normal committee process so a vote on the bill by the entire House may not take place for awhile. No companion bill has been introduced in the Senate yet, but we anticipate that will happen in the near future.  We will advise you when we have those details. The bill in the Senate will be identical to the House bill. Also, at this point we do not know which chamber will take the lead on the legislation. 

 

Sunset Bill Introduced in Texas Senate

By John Sharbaugh, CAE
Managing Director, Governmental Affairs

Feb. 19, 2019

The Sunset legislation (SB 613) on the Texas State Board of Public Accountancy (TSBPA) and the Texas Public Accountancy Act (TPAA) was finally introduced in the Texas Senate this week.

SB 613 is sponsored by Senator Kirk Watson (D-Austin). The proposed legislation will continue the TSBPA until September 1, 2031 when it would expire unless it successfully completes another Sunset Review.

In addition to extending the TSBPA for another 12 years, the bill also makes other changes to the TPAA to implement the recommendations adopted by the Sunset Commission as part of the review of the TSBPA.

The bill will have to go through the normal committee process so a vote on the bill by the entire Senate may not take place for awhile. There is an identical bill in the Texas House of Representatives (HB 1520).  At this point, we do not know which chamber will take the lead on the legislation. 

TXCPA plans to seek an amendment to the Sunset bills to expand the CPA firm mobility provisions of the TPAA to bring it in line with the AICPA/NASBA Uniform Accountancy Act that 27 other states have now adopted.