Relating to eligibility requirements to practice public accountancy.

SB 262 updates Texas's requirements for becoming a licensed public accountant (CPA). It mandates that applicants must either complete 150 academic hours with an accounting focus or earn a bachelor's degree in accounting (both meeting board standards), pass the CPA exam, fulfill work experience requirements (including two years for degree holders), and pass a professional conduct exam. The bill also revises reciprocity rules to allow Texas to accept CPA exam credits from other states if administered by standard bodies like AICPA or NASBA and if the applicant met prior state requirements. These changes take effect September 1, 2025, and apply to all new applicants seeking a Texas CPA certificate.