BILL · 2003–04 SESSION · LATEST VERSION SHB 1211

HB 1211: Public accountancy act

Modifying accountability requirements under the public accountancy act.

Summary

  • Requires CPAs and CPA firms to notify the Board of Accountancy (Board) of certain compliance actions and investigations by specified federal agencies and state accountancy boards.
  • Requires CPA firms to retain certain audit-related documents and records for seven years.
  • Increases the Board's penalty authority from a maximum fine of $10,000 to a maximum fine of $30,000.
  • Requires the Board to report to the Legislature on auditor independence by December 1, 2003.

From the Substitute House Bill Report (SHB 1211), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 290, Laws of 2003
  1. IntroducedJan 21, 2003
  2. Out of committeeFeb 28, 2003
  3. Passed HouseMar 13, 2003
  4. Passed SenateApr 16, 2003
  5. GovernorMay 14, 2003
  6. LawMay 14, 2003
Prime sponsor
Steve Conway (D-29)
Introduced
January 21, 2003 in the House
Last action
May 14, 2003
Session law
Chapter 290, Laws of 2003
Budget
Has a fiscal note
Versions
HB 1211, SHB 1211

AN ACT Relating to accountability requirements under the public accountancy act;

Sponsors

Votes

House · Final Passage

Passed March 13, 2003
Version voted on: SHB 1211
96 Yea 0 Nay 0 Absent 2 Excused
PartyYeaNayAbsentExcused
Democrat51001
Republican45001
How each member voted

Yea (96)

Excused (2)

Senate · 3rd Reading & Final Passage as Amended by the Senate

Passed April 16, 2003
Version voted on: SHB 1211
47 Yea 0 Nay 1 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat22011
Republican25000
How each member voted

House · FP as Amd by the Senate

Passed April 23, 2003
Version voted on: SHB 1211
98 Yea 0 Nay 0 Absent 0 Excused
PartyYeaNayAbsentExcused
Democrat52000
Republican46000
How each member voted

Yea (98)

History

  1. Effective date 7/27/2003. (SHB 1211)
  2. Chapter 290, 2003 Laws. (SHB 1211)
  3. Governor signed. (SHB 1211)
  4. Delivered to Governor. (SHB 1211)
  5. President signed. (SHB 1211)
  6. Speaker signed. (SHB 1211)
  7. House concurred in Senate amendments. (SHB 1211)
  8. Passed final passage; yeas, 98; nays, 0; absent, 0; excused, 0. (SHB 1211)
  9. Third reading, passed; yeas, 47; nays, 0; absent, 1; excused, 1. (SHB 1211)
  10. Rules suspended. Placed on Third Reading. (SHB 1211)
  11. Committee amendment adopted with no other amendments. (SHB 1211)
  12. Placed on second reading by Rules Committee. (SHB 1211)
  13. Passed to Rules Committee for second reading. (SHB 1211)
  14. WM - Majority; without recommendation. (SHB 1211)
  15. Referred to Ways & Means. (SHB 1211)
  16. And refer to Ways & Means. (SHB 1211)
  17. FSIH - Majority; do pass with amendment(s). (SHB 1211)
  18. First reading, referred to Financial Services, Insurance & Housing. (SHB 1211)
  19. Third reading, passed; yeas, 96; nays, 0; absent, 0; excused, 2. (SHB 1211)
  20. Rules suspended. Placed on Third Reading. (SHB 1211)
  21. 1st substitute bill substituted. (SHB 1211)
  22. 1st substitute bill substituted.
  23. Placed on second reading by Rules Committee. (SHB 1211)
  24. Placed on second reading by Rules Committee.
  25. Made eligible to be placed on second reading. (SHB 1211)
  26. Made eligible to be placed on second reading.
  27. Passed to Rules Committee for second reading. (SHB 1211)
  28. Passed to Rules Committee for second reading.
  29. APP - Majority; do pass 1st substitute bill proposed by Commerce & Labor. (SHB 1211)
  30. APP - Executive action taken by committee. (SHB 1211)
  31. APP - Executive action taken by committee.
  32. APP - Majority; do pass 1st substitute bill proposed by Commerce & Labor.
  33. Referred to Appropriations. (SHB 1211)
  34. Referred to Appropriations.
  35. CL - Majority; 1st substitute bill be substituted, do pass. (SHB 1211)
  36. CL - Majority; 1st substitute bill be substituted, do pass.
  37. CL - Executive action taken by committee.
  38. First reading, referred to Commerce & Labor.

HB 1211 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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