SPRINGFIELD, Ill. – Working to expand pathways for certified public accountants (CPAs) to work in Illinois, state Rep. Natalie Manley, D-Joliet, is sponsoring a bill that would add two additional methods for CPAs to gain licensure and make it easier for non-residents to provide CPA services in the state.
“With tax season upon us, this bill fixes some of the barriers for residents that want to become a CPA and establishes a pathway for current CPAs that want to work in Illinois — licensure stalls, red-tape, and antiquated requirements,” said Manley. “This is a practical, no-fuss solution that lowers barriers to CPA license access to address the profession’s pipeline crisis and workforce shortage by one, encouraging out-of-state accountants in good standing to come practice in Illinois, and two, allowing qualified accounting graduates who have passed the CPA exam to become licensed.”
Manley recently filed House Bill 2459, which would amend the Illinois Public Accounting Act by carving two new pathways for accounting professionals without disturbing the current path to licensure, allowing CPA applicants to become licensed with:
1. A bachelor’s degree in accounting, at least two years of experience, and the passage of the CPA exam; or
2. A bachelor’s degree and a master’s degree with 30 hours of accounting concentration, at least one year of experience, and passage of the CPA exam.
“By putting two new licensure methods on the table for our accounting professionals, we can ease burdens around tax season where so many of our residents request accounting services by slashing the red tape that’s kept more than qualified individuals from practicing and serving our state.”
House Bill 2459 is currently under consideration by the Financial Institution and Licenses Committee.