A new law repeals a statute requiring the Board of Accountancy to automatically revoke a certified public accountant license that is expired for two years.
Effective May 23, 2022, this change will allow an individual who simply fails to renew their license to be reinstated by going through the administrative process — rather than an administrative hearing — of paying the renewal fee and providing proof of continuing professional education credits required had the person not let their license lapse.
A license can still be revoked for cause, and an expired license can still be revoked through due process and an administrative hearing.
Rep. John Huot (DFL-Rosemount) and Sen. Mark Koran (R-North Branch) are the sponsors.
HF2919*/SF3251/CH72