Change provisions relating to examination, permit issuance, and disciplinary actions regarding certified public accountants

Nebraska's LB 718 amends licensing rules for certified public accountants (CPAs) by updating educational requirements and examination procedures. The bill reduces the required college credit hours from 150 semester hours (before 2025) to 120 semester hours (effective January 1, 2025), and eliminates the ability to take exam sections before completing a bachelor's degree. It also removes outdated provisions, harmonizes licensing sections, and requires applicants to have earned their degree before taking any exam portion after 2025. This directly affects CPA applicants and current license holders seeking certification or renewal in Nebraska.