TITLE 22.EXAMINING BOARDS

Part 22. TEXAS STATE BOARD OF PUBLIC ACCOUNTANCY

Chapter 521. FEE SCHEDULE

22 TAC §521.13

The Texas State Board of Public Accountancy adopts an amendment to §521.13, concerning Firm License Fees without changes to the proposed text as published in the May 27, 2005, issue of the Texas Register (30 TexReg 3074). The text of the rule will not be republished.

The amendment to §521.13 will modify the chart referred to in subsection (b) of this rule so that the fees charged for each CPA employee and non-CPA Owner will be equal to or less than the maximum amount permitted by §901.351 of the Public Accountancy Act. The fee for all offices in Texas with CPA employees and non-CPA owners of 50 or more has been decreased to $25.00 for each such person.

The amendment will function by complying with the statutory requirement.

No comments were received regarding adoption of the rule.

The amendment is adopted under the Public Accountancy Act ("Act"), Texas Occupations Code, §901.151 which provides the agency with the authority to amend, adopt and repeal rules deemed necessary or advisable to effectuate the Act and §901.351(e)(2) regarding Firm License Required.

No other article, statute or code is affected by the adoption.

This agency hereby certifies that the adoption has been reviewed by legal counsel and found to be a valid exercise of the agency's legal authority.

Filed with the Office of the Secretary of State on July 14, 2005.

TRD-200502889

Rande Herrell

General Counsel

Texas State Board of Public Accountancy

Effective date: August 3, 2005

Proposal publication date: May 27, 2005

For further information, please call: (512) 305-7848


Chapter 527. PEER REVIEW

22 TAC §527.6

The Texas State Board of Public Accountancy adopts an amendment to §527.6, concerning Reporting to the Board without changes to the proposed text as published in the May 27, 2005, issue of the Texas Register (30 TexReg 3075). The text of the rule will not be republished.

The amendment to §527.6 will add the term "corrective action letter" and delete the term "conditional letter of acceptance" as acceptable reports to the Board.

The amendment will function by conforming the language of the statute to the change in terminology utilized by Peer Review Sponsors.

No comments were received regarding adoption of the rule.

The amendment is adopted under the Public Accountancy Act ("Act"), Texas Occupations Code, §901.151 which provides the agency with the authority to amend, adopt and repeal rules deemed necessary or advisable to effectuate the Act.

No other article, statute or code is affected by the adoption.

This agency hereby certifies that the adoption has been reviewed by legal counsel and found to be a valid exercise of the agency's legal authority.

Filed with the Office of the Secretary of State on July 14, 2005.

TRD-200502890

Rande Herrell

General Counsel

Texas State Board of Public Accountancy

Effective date: August 3, 2005

Proposal publication date: May 27, 2005

For further information, please call: (512) 305-7848