Sec. 20-281d. Issuance of initial license to persons and license renewal. Holders of certificates from other states. Continuing education requirements. Fees. Applicants' disclosure requirements.
Sec. 20-281d. Issuance of initial license to persons and license renewal. Holders of certificates from other states. Continuing education requirements. Fees. Applicants' disclosure requirements. (a) The board shall issue or renew licenses to persons who make application and demonstrate their qualifications in accordance with
subsections (b) to (g), inclusive, of this section.
(b) Licenses shall be initially issued for one year and renewed annually. Applications for such licenses shall be made in such form, and in the case of applications for
renewal, between such dates, as the board shall by regulation specify.
(c) An applicant for initial issuance of a license under this section shall show:
(1) That he holds a valid certificate;
(2) If the applicant's certificate was issued more than four years prior to his application for issuance of an initial license under this section, that he has fulfilled the requirements of continuing professional education that would have been applicable under subsection (e) of this section if he had secured his initial license within four years of issuance
of his certificate and was now applying under subsection (e) of this section for renewal
of such license.
(d) The board shall issue a certificate to a holder of a certificate issued by another
state upon a showing that:
(1) The applicant passed the examination required for issuance of his certificate
with grades that would have been passing grades at the time in this state; and
(2) The applicant meets all current requirements in this state for issuance of a certificate at the time the application is made; or the applicant, at the time of the issuance of
the applicant's certificate in the other state, met all such requirements then applicable
in this state; or the applicant has had five years of experience in the practice of public
accountancy no earlier than the ten years immediately preceding the applicant's application or meets equivalent requirements prescribed by the board by regulation.
(e) For renewal of a license under this section an applicant shall show that he has
completed forty hours of continuing professional education during each year from the
date of issuance or last renewal. The board may prescribe, by regulation, the content,
duration and organization of continuing professional education courses which contribute
to the general professional competence of the applicant.
(f) For renewal of a license under this section, the board shall charge the following
fees for failure to earn continuing education credits by the June thirtieth deadline:
(1) Two hundred fifty dollars for reporting on a renewal application a minimum of
forty hours of continuing professional education, any of which was earned after June
thirtieth and on or by September thirtieth;
(2) Five hundred dollars for reporting on a renewal application a minimum of forty
hours of continuing professional education any of which was earned after June thirtieth
and on or by December thirty-first.
(g) The board shall charge a fee of seventy-five dollars for the initial issuance and
the professional services fee for class I, as defined in section 33-182l, for each annual
renewal of such license.
(h) Applicants for initial issuance or renewal of licenses under this section shall in
their applications list all states in which they have applied for or hold certificates or
licenses, and each holder of or applicant for a license under this section shall notify the
board in writing, within thirty days after its occurrence, of any issuance, denial, revocation or suspension of a certificate or license by another state.
(P.A. 92-212, S. 4; May Sp. Sess. P.A. 92-16, S. 51, 89; P.A. 04-36, S. 1; P.A. 05-287, S. 21; P.A. 08-52, S. 9.)
History: May Sp. Sess. P.A. 92-16 replaced $450 renewal fee with fee for professional service fee class I established
pursuant to Sec. 33-182l; P.A. 04-36 amended Subsec. (d)(2) to eliminate requirement that 5 years of experience be
performed outside of this state, effective April 28, 2004; P.A. 05-287 amended Subsec. (d)(2) to clarify the option to have
5 years of experience in the practice of public accountancy no earlier than the 10 years immediately preceding the applicant's
application or to meet equivalent requirements prescribed by the board, effective July 13, 2005; P.A. 08-52 made a technical
change in Subsec. (a), added new Subsec. (f) re license renewal fees for failure to earn continuing education credits by
deadline and redesignated existing Subsecs. (f) and (g) as new Subsecs. (g) and (h), effective May 12, 2008.