Notice of Proposed Rule

DEPARTMENT OF BUSINESS AND PROFESSIONAL REGULATION
Board of Accountancy
RULE NO: RULE TITLE
61H1-29.004: Licensure by Endorsement; Domiciled
PURPOSE AND EFFECT: The Board proposes the repeal of the rule due to a statutory change.
SUMMARY: The rule will be repealed due to a statutory change.
SUMMARY OF STATEMENT OF ESTIMATED REGULATORY COSTS: No Statement of Estimated Regulatory Cost was prepared.
Any person who wishes to provide information regarding a statement of estimated regulatory costs, or provide a proposal for a lower cost regulatory alternative must do so in writing within 21 days of this notice.
SPECIFIC AUTHORITY: 473.304, 473.3101, 473.323(2) FS.
LAW IMPLEMENTED: 473.309, 473.3101 FS.
IF REQUESTED WITHIN 21 DAYS OF THE DATE OF THIS NOTICE, A HEARING WILL BE SCHEDULED AND ANNOUNCED IN FAW.
THE PERSON TO BE CONTACTED REGARDING THE PROPOSED RULE IS: Veloria Kelly, Division Director, Board of Accountancy, 240 N.W. 76th Dr., Suite A, Gainesville, Florida 32607

THE FULL TEXT OF THE PROPOSED RULE IS:

61H1-29.004 Licensure by Endorsement; Domiciled.

For purposes of Sections 473.309(1)(a) and (2)(d), F.S., any partner or shareholder in a Florida licensed certified public accountant firm who would otherwise be considered as domiciled in this state shall not be considered to be in violation of subsection 61H1-36.001(5), F.A.C., so long as the partner or shareholder has applied to the Board for licensure within 30 days of the date the partner or shareholder would otherwise be first domiciled in this state and has obtained a license as a Certified Public Accountant in this state within six months from the date of application. Failure to strictly comply with the provisions of this section shall be considered a violation of subsection 61H1-36.001(5), F.A.C.

Rulemaking Specific Authority 473.304, 473.3101, 473.323(2) FS. Law Implemented 473.309, 473.3101 FS. History–New 4-24-88, Formerly 21A-29.004, Repealed________.


NAME OF PERSON ORIGINATING PROPOSED RULE: Board of Accountancy
NAME OF AGENCY HEAD WHO APPROVED THE PROPOSED RULE: Board of Accountancy
DATE PROPOSED RULE APPROVED BY AGENCY HEAD: August 5, 2009