Modifies provisions relating to continuing education requirements for certified public accountants

HB 2118 would cap continuing education requirements for licensed certified public accountants (CPAs) at 120 hours over a three-year period (max 40 hours annually), with provisions to ensure requirements consider interstate practice barriers and allow hardship exemptions. It also exempts CPAs actively serving in the state legislature from annual requirements. The bill directly affects licensed CPAs and the regulating board by setting new standards for ongoing professional development. Currently pending in the legislature after being prefaced in December 2025, it has not yet become law.