VirginiaHB8702026 Regular SessionHouseWALLET

Accountancy, Board of; licensing requirements, inactive and emeritus status.

Sponsored By: Stacey Annie Carroll (Democratic)

Became Law

Summary

Board of Accountancy; licensing requirements; inactive and emeritus status. Directs the Board of Accountancy to establish "Inactive" and "Emeritus" CPA license statuses for licensees who no longer provide services to the public or services to or on behalf of an employer. The bill requires the Board to develop guidelines to provide active and inactive licensees additional clarity governing the manner in which such licensees should reference autobiographical and biographical information with respect to their CPA licensure to remain historically accurate and compliant with the law and relevant regulations. The bill directs the Board of Accountancy to adopt emergency regulations to implement the provisions of the bill. This bill incorporates HB 228 and is identical to SB 605.

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Bill Overview

Analyzed Economic Effects

3 provisions identified: 1 benefits, 0 costs, 2 mixed.

New rules for using the CPA title

If your main office for public accounting work is in Virginia, you must hold a Virginia CPA license. If your main office is in another state, you may use the CPA title in Virginia only if you hold that state’s license and meet Virginia’s practice privilege rules. The Board can deny the CPA title if it finds you unfit after reviewing the full record. A criminal conviction alone cannot be the only reason for denial.

Inactive and emeritus CPA options

The Board creates Inactive and Emeritus CPA statuses for licensees who stop providing services to the public or to an employer. You must be currently licensed in Virginia and not under investigation to apply. Inactive status requires at least 5 years of active licensure. Emeritus requires at least 15 years of active or inactive licensure and age 60, or at least 30 years of licensure. The Board will also publish guidance by September 30, 2026, letting former licensees list past CPA licensure in biographies.

Board sets CPA fees and education rules

The Board sets the fees and continuing education you must meet to get, renew, or reinstate a Virginia CPA license. The Board must put the new rules in place within 280 days after the law’s enactment.

Sponsors & Cosponsors

Sponsor

  • Stacey Annie Carroll

    Democratic • House

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 218 • No: 2

Senate vote 2/23/2026

Passed Senate Block Vote

Yes: 38 • No: 0

Senate vote 2/20/2026

Constitutional reading dispensed Block Vote (on 2nd reading)

Yes: 40 • No: 0

Senate vote 2/20/2026

Passed by for the day Block Vote (Voice Vote)

Yes: 0 • No: 0

Senate vote 2/18/2026

Reported from General Laws and Technology

Yes: 14 • No: 0

House vote 2/9/2026

Read third time and passed House

Yes: 97 • No: 1

House vote 2/3/2026

Reported from General Laws with substitute

Yes: 20 • No: 1

House vote 1/29/2026

Subcommittee recommends reporting with substitute

Yes: 9 • No: 0

Actions Timeline

  1. Acts of Assembly Chapter text (CHAP0234)

    4/6/2026Governor
  2. Approved by Governor-Chapter 234 (effective 7/1/2026)

    4/6/2026Governor
  3. Governor's Action Deadline 11:59 p.m., April 13, 2026

    3/10/2026Governor
  4. Enrolled Bill communicated to Governor on March 10, 2026

    3/10/2026House
  5. Fiscal Impact Statement from Department of Planning and Budget (HB870)

    2/25/2026House
  6. Bill text as passed House and Senate (HB870ER)

    2/25/2026House
  7. Enrolled

    2/25/2026House
  8. Signed by President

    2/25/2026Senate
  9. Signed by Speaker

    2/25/2026House
  10. Passed Senate Block Vote (38-Y 0-N 0-A)

    2/23/2026Senate
  11. Read third time

    2/23/2026Senate
  12. Passed by for the day Block Vote (Voice Vote)

    2/20/2026Senate
  13. Constitutional reading dispensed Block Vote (on 2nd reading) (40-Y 0-N 0-A)

    2/20/2026Senate
  14. Rules suspended

    2/20/2026Senate
  15. Reported from General Laws and Technology (14-Y 0-N)

    2/18/2026Senate
  16. Referred to Committee on General Laws and Technology

    2/10/2026Senate
  17. Constitutional reading dispensed (on 1st reading)

    2/10/2026Senate
  18. Read third time and passed House (97-Y 1-N 0-A)

    2/9/2026House
  19. Engrossed by House - committee substitute

    2/6/2026House
  20. committee substitute agreed to

    2/6/2026House
  21. Read second time

    2/6/2026House
  22. Read first time

    2/5/2026House
  23. Fiscal Impact Statement from Department of Planning and Budget (HB870)

    2/5/2026House
  24. Committee substitute printed 26106693D-H1

    2/3/2026House
  25. Reported from General Laws with substitute (20-Y 1-N)

    2/3/2026House

Bill Text

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