AN ACT relating to certified public accountant firms.

HB 262 modifies Kentucky law to allow small certified public accounting (CPA) firms to continue using the names of deceased or retired owners in their firm name, removing prior restrictions. This change directly affects small CPA firms with multiple owners, enabling them to maintain their established identity after an owner leaves due to death or retirement. The key provision amends KRS 325.380(6) to explicitly permit keeping the names of one or more retired or deceased owners in the firm name, regardless of whether other owners remain. This update simplifies continuity for small firms without altering licensing requirements or other regulatory provisions.