House panel adopts substitutes to ease CPA licensing, clarifies continuing education rules

Two bills affecting certified public accountants advanced through the House Finance Committee on Oct. 28.

Vice Chair Frisbie and lobbyists representing the Michigan Association of CPAs asked the committee to adopt changes the profession and the Department of Licensing and Regulatory Affairs recommended. HB 48-92 would eliminate a duplicative firm-level license for CPAs who operate as sole proprietorships; the committee adopted an H‑1 substitute that moves the effective date to 90 days after enactment (roll call recorded: 13 aye, 0 nay, 1 pass). The transcript does not identify a formal mover for the substitute on the record.

HB 48-93 would add a nationally aligned alternative pathway to Michigan…