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Accountancy Board tells Senate committee it is self-funded, seeks rule authority to set incremental fees
Summary
The Executive Director of the Accountancy Board told the Senate Government Oversight and Reform Committee the board remains self-funded, oversees roughly 30,000 CPA/PA licenses and requests authority to set permit fees by rule to stabilize revenue as retirements slow licensing income.
Chair Manchester convened the Senate Government Oversight and Reform Committee and called invited testimony on Sub House Bill 96 and the state operating budget.
Donna O'Clock, executive director of the Accountancy Board, told the committee the agency is funded entirely by applicant and licensee fees and draws no money from the state General Revenue Fund. "The Accountancy Board is Ohio's regulatory and licensing agency for…
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