Notice of the Filing at the Office of the Secretary of State of
New/Amended Rules for the Tennessee State Board of Accountancy
Pursuant to Tenn. Code Ann. § 4-3-1306(d), you are receiving this notice because you have elected to receive notification by e-mail of certain changes or potential changes to the law applicable to your profession.
The Tennessee State Board of Accountancy has approved two new sets of rules: One on May 6, 2016 and the other on July 15, 2016. Both sets of rules were filed with the Secretary of State on October 28, 2016. These rules have been filed as Proposed Rules and will be promulgated without a hearing ninety (90) days from the filing date unless a petition is received by at least ten (10) persons who will be affected by the amendments, or submitted by a municipality which will be affected by the amendments, or an association of ten (10) or more members, or any standing committee of the General Assembly.
These proposed rules are additions, amendments, and deletions to the rules of the Tennessee State Board of Accountancy as described as below:
New/Amended Rules from May 6, 2016 Meeting (A copy of these rules can be found at http://share.tn.gov/sos/rules_filings/10-21-16.pdf)
- Chapter 0020-02 is amended to differentiate the specific educational requirements to sit for the CPA examination from the specific educational requirements to obtain CPA licensure.
New/Amended/ Rules from July 15, 2016 Meeting (A copy of these rules can be found at http://share.tn.gov/sos/rules_filings/10-22-16.pdf):
- Chapter 0020-01 is amended to remove a fee that is no longer applicable, establishes a fee for the transfer of grades or letter of good standing when an individual is seeking out of state licensure, reduces the delinquency period of late licenses from one year to six months, and establishes that licenses expire after six (6) months past their expiration date.
- Chapter 0020-05 is amended by removing the rule that it is a violation of the Rules for a licensee’s failure to return a certificate, registration, or permit upon its suspension, revocation, or expiration.
If you have any questions or concerns about these proposed rules, please contact:
Benjamin Glover
Assistant General Counsel
(615) 770-0085
Benjamin.Glover@tn.gov
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