What are the other states doing?

UAA UPDATE

General Provisions

Jurisdictions Enacted

Jurisdictions Not Enacted

Recognition of Other Substantially Equivalent States

14*

40

Non-CPA Ownership

28†

26

Commissions/Contingent Fees

42

12‡

150-Hour Requirement

48§

6#

*While 41 states have been judged to be substantially equivalent by NASBA, only 14 of those have enacted legislation that recognizes other states as substantially equivalent: Ark., Ill., Kans., Ky., La., Maine, N.H., N.M., N.C., N.D., Ohio, Ore., Tenn., Va.

† Ariz., Ark., Calif., Colo., Fla.,Ill., Kans., Ky., La., Maine, Mich., Mont., Nebr., Nev., N.H., (2/3 CPA-ownership required), N.J., N.M., N.C. (enacted through rules), N.D., Ohio, Ore., Pa. (2/3), S.C. (2/3), Tenn., Utah, Vt., Va., W.V. (60%).

‡ Alaska, D.C., Hawaii, Idaho, Mont., N.Y., Ore., P.R., R.I., V.I., Wash., Wyo.

§ Effective at a future date (as of Jan. 1. 2001): Ariz., Maine, Mass., Mich., Minn., N.M., N.Y., Okla., Va. (The NYS Education Department’s 150-hour regulation takes effect on November 1, 2009. The UAA legislation in New York will accelerate the effective date to November 1, 2007.)

# Calif., Colo., Del., N.H., Vt., V.I.

Source: AICPA State Societies and Regulatory Affairs Team
54 Jurisdictions: 50 States and Guam, District of Columbia, Puerto Rico and Virgin Islands

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