Virginia Senate Bill 463
Session 2024
Accountancy, Board of; powers and duties, repeals requirement for an annual audit of the Board.
Became Law
Signed by Governor on Apr 8, 2024
Origin Chamber
Senate
Type
Bill
Bill Number
463
State
Virginia
Session
2024
T. Travis Hackworth
grade
Primary
Cosponsor
Motion Text
Read third time and passed Senate (40-Y 0-N)
Senate Roll Call Votes
Yes
Yes
Yes
Yes
Yes
Yes
Summary
Board of Accountancy; powers and duties. Repeals the requirement for an annual audit of the Board of Accountancyand amends several Code provisions relating to the Board. The billchanges the Secretariat of the Board from the Secretary of Commerceand Trade to the Secretary of Finance. The bill authorizes the Boardto initiate complaints against (i) individuals or firms claimingto hold a Virginia license, as defined in the bill, and (ii) unlicensedindividuals or firms using the certified public accountant title inVirginia, as defined in the bill. The bill also grants the ExecutiveDirector of the Board the power to request and receive reports fromthe Central Criminal Records Exchange in conjunction with the ExecutiveDirector's investigative and enforcement powers. Finally, the billdirects the Board to adopt emergency regulations to implement theprovisions of the bill.
Board of Accountancy; powers and duties. Repeals the requirement for an annual audit of the Board of Accountancy and amends several Code provisions relating to the Board. The bill changes the Secretariat of the Board from the Secretary of Commerce and Trade to the Secretary of Finance. The bill authorizes the Board to initiate complaints against (i) individuals or firms claiming to hold a Virginia license, as defined in the bill, and (ii) unlicensed individuals or firms using the certified public accountant title in Virginia, as defined in the bill. The bill also grants the Executive Director of the Board the power to request and receive reports from the Central Criminal Records Exchange in conjunction with the Executive Director's investigative and enforcement powers. Finally, the bill directs the Board to adopt emergency regulations to implement the provisions of the bill. This bill is identical to HB 1337.
Prefiled and ordered printed; offered 01/10/24 24104472D
January 9, 2024
Committee substitute printed 24106014D-S1
January 24, 2024
SB463ER
February 26, 2024
Fiscal Impact Statement: SB463F122.PDF
Fiscal Impact Statement: SB463FS1122.PDF
Fiscal Impact Statement: SB463FER122.PDF
Sort by most recent
04/08/2024
Office of the Governor
Acts of Assembly Chapter text (CHAP0677)
04/08/2024
Office of the Governor
Approved by Governor-Chapter 677 (effective 7/1/24)
03/11/2024
Office of the Governor
Governor's Action Deadline 11:59 p.m., April 8, 2024
03/11/2024
Senate
Enrolled Bill Communicated to Governor on March 11, 2024
02/29/2024
Senate
Signed by President
02/26/2024
House
Signed by Speaker
02/26/2024
Senate
Impact statement from DPB (SB463ER)
02/26/2024
Senate
Bill text as passed Senate and House (SB463ER)
02/26/2024
Senate
Enrolled
02/20/2024
House
VOTE: Block Vote Passage (98-Y 0-N)
02/20/2024
House
Passed House BLOCK VOTE (98-Y 0-N)
02/20/2024
House
Read third time
02/19/2024
House
Read second time
02/15/2024
House
Reported from General Laws (22-Y 0-N)
02/13/2024
House
Referred to Committee on General Laws
02/13/2024
House
Read first time
02/13/2024
House
Placed on Calendar
01/30/2024
Senate
Read third time and passed Senate (40-Y 0-N)
01/29/2024
Senate
Engrossed by Senate - committee substitute SB463S1
01/29/2024
Senate
Committee substitute agreed to 24106014D-S1
01/29/2024
Senate
Reading of substitute waived
01/29/2024
Senate
Read second time
01/26/2024
Senate
Constitutional reading dispensed (37-Y 0-N)
01/26/2024
Senate
Impact statement from DPB (SB463S1)
01/24/2024
Senate
Committee substitute printed 24106014D-S1
01/24/2024
Senate
Reported from General Laws and Technology with substitute (15-Y 0-N)
01/24/2024
Senate
Senate committee, floor amendments and substitutes offered
01/24/2024
Senate
Impact statement from DPB (SB463)
01/09/2024
Senate
Referred to Committee on General Laws and Technology
01/09/2024
Senate
Prefiled and ordered printed; offered 01/10/24 24104472D
Sources
Open States
Record Created
Jan 12, 2024 12:05:41 AM
Record Updated
May 1, 2024 12:24:11 AM