Modifies requirements to obtain licensure in public accountancy.

This bill (A5598) modifies New Jersey's requirements for obtaining a public accountancy license. It changes the education requirement from 120 semester hours to either a baccalaureate degree or 150 hours of education with an accounting concentration. For out-of-state license holders, it removes the "substantial equivalence" standard and instead requires a current valid license from another state, passing the Uniform CPA exam, and one year of experience. The bill includes a grandfather clause allowing individuals with licenses from other states before December 31, 2025 to continue practicing without meeting the new requirements. It also clarifies experience requirements and updates processes for foreign license holders.