PROPOSED ACTION ON REGULATIONS
MARYLAND REGISTER, VOLUME 41, ISSUE 3,
FRIDAY, FEBRUARY 7, 2014
Subtitle 24 BOARD OF PUBLIC ACCOUNTANCY
09.24.01 General Regulation
Authority: Business Occupations and Professions Article, §§2-102, 2-207, 2-209,
2-304—2-307, 2-309, 2-311, 2-313, and 2-416, Annotated Code of Maryland
Notice of Proposed Action
The Board of Public Accountancy proposes to amend Regulation .09 under
COMAR 09.24.01 General Regulations. This action was
considered at a public meeting held on December 3, 2013, notice of which was given by publication in 40:22 Md. R. 1898 (November
1, 2013), pursuant to State Government Article, §10-506(c)(1), Annotated Code of Maryland.
Statement of Purpose
The purpose of this action is to increase fees for applications to qualify as a candidate to take the Uniform CPA Examination,
and for individual licenses and firm permits issued by the Board in order to sustain a prudent fund balance in the Board of
Public Accountancy Fund.
Comparison to Federal Standards
There is no corresponding federal standard to this proposed action.
Estimate of Economic Impact
I. Summary of Economic Impact. The proposed regulation would increase CPA examination application, individual license, and
firm permit fees by 12.5%.