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Bill would create emeritus CPA license for retired accountants in Maryland
Summary
House Bill 427 would establish an emeritus certification for retired certified public accountants who meet age and service thresholds; sponsor said the designation would enable retired CPAs to volunteer expertise without renewing full license requirements.
A bill before the House Economic Matters Committee would establish an emeritus status for certified public accountants who are retired, over age 60 and meet long-practice requirements, allowing them to perform limited volunteer and advisory work without paying renewal fees or meeting continuing-education requirements.
The sponsor told the committee HB 427 would grant emeritus status to CPAs who are at least 60 years old, retired from active practice, and have practiced at least 40 years with at least 20 years in Maryland. The sponsor described the…
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