2013 House Bill 4654 / Public Act 132

Revise accountant business licensure detail

Introduced in the House

May 1, 2013

Introduced by Rep. Earl Poleski (R-64)

To establish that a “professional limited liability company” may engage in the practice of public accounting if more than 50 percent of the equity and voting rights of the company are held by individuals who are licensed public accountants.

Referred to the Committee on Commerce

May 15, 2013

Reported without amendment

Without amendment and with the recommendation that the bill pass.

May 23, 2013

Passed in the House 107 to 0 (details)

Received in the Senate

May 28, 2013

Referred to the Committee on Banking and Financial Institutions

Oct. 1, 2013

Reported without amendment

With the recommendation that the bill pass.

Oct. 8, 2013

Passed in the Senate 38 to 0 (details)

To establish that a “professional limited liability company” may engage in the practice of public accounting if more than 50 percent of the equity and voting rights of the company are held by individuals who are licensed public accountants.

Signed by Gov. Rick Snyder

Oct. 15, 2013