An act relating to certified public accountant licensure

This bill (H.707) modifies Vermont's certified public accountant (CPA) licensure rules to create two key changes. First, it adds a new pathway for licensure requiring a bachelor's degree in accounting plus two years of public accounting experience (instead of the existing options requiring more education hours or a graduate degree). Second, it establishes a "mobility practice privilege," allowing CPAs licensed in other states with comparable requirements to practice in Vermont without obtaining a full Vermont license - provided they hold a valid out-of-state license and meet specific experience criteria. These changes directly affect CPA candidates seeking Vermont licensure and out-of-state CPAs wanting to practice in Vermont. The bill aims to streamline licensure and improve reciprocity while maintaining professional standards.