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1 New Section; New Hampshire Accountancy Act; Retired Status. Amend RSA 309-B by inserting after section 7 the following new section:
309-B:7-a Retired Status.
I. The office of professional licensure and certification shall grant retired status to a person who meets the following criteria:
(a) Is 55 years of age or older at the time of application;
(b) Has currently or has previously held a certificate as a certified public accountant in New Hampshire;
(c) Declares that he or she is not practicing public accounting in any jurisdiction;
(d) Was certified in good standing at the time the person last held a license under this chapter; and
(e) Applies for retired status on a form provided by the office.
II. Retired status is an honorific status. A person granted retired status shall not perform or offer to perform services for which a license, certificate, or permit is required under this chapter.
III. The office shall issue to a person granted retired status a certificate stating that retired status has been granted.
IV. An individual granted retired status may represent themselves as retired by placing the word "retired" or abbreviation adjacent to their CPA title or PA title on any business card, letterhead, or any other document or device, with the exception of their CPA certificate or PA registration, on which their CPA or PA title appears, but shall not represent themselves or allow themselves to be represented to the public as a current practicing CPA or PA.
V. An individual granted retired status is not required to comply with the continuing education requirements to maintain such status.
VI. An individual granted retired status is not required to renew registration or pay renewal fees to maintain retired status.
VII. The office shall change a license status from retired to active or inactive if a person with retired status requests a status change and meets requirements for licensure, including continuing education requirements.
2 Effective Date. This act shall take effect 60 days after its passage.
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1 New Section; New Hampshire Accountancy Act; Retired Status. Amend RSA 309-B by inserting after section 7 the following new section:
309-B:7-a Retired Status.
I. The office of professional licensure and certification shall grant retired status to a person who meets the following criteria:
(a) Is 55 years of age or older at the time of application;
(b) Has currently or has previously held a certificate as a certified public accountant in New Hampshire;
(c) Declares that he or she is not practicing public accounting in any jurisdiction;
(d) Was certified in good standing at the time the person last held a license under this chapter; and
(e) Applies for retired status on a form provided by the office.
II. Retired status is an honorific status. A person granted retired status shall not perform or offer to perform services for which a license, certificate, or permit is required under this chapter.
III. The office shall issue to a person granted retired status a certificate stating that retired status has been granted.
IV. An individual granted retired status may represent themselves as retired by placing the word "retired" or abbreviation adjacent to their CPA title or PA title on any business card, letterhead, or any other document or device, with the exception of their CPA certificate or PA registration, on which their CPA or PA title appears, but shall not represent themselves or allow themselves to be represented to the public as a current practicing CPA or PA.
V. An individual granted retired status is not required to comply with the continuing education requirements to maintain such status.
VI. An individual granted retired status is not required to renew registration or pay renewal fees to maintain retired status.
VII. The office shall change a license status from retired to active or inactive if a person with retired status requests a status change and meets requirements for licensure, including continuing education requirements.
2 Effective Date. This act shall take effect 60 days after its passage.