Impact Report 8: “CPA bill” passes House
Impact Report 8: “CPA bill” passes House
FICPA Director of Governmental Affairs Justin Thames has an update from week 8 of the legislative session, including the “CPA bill,” deregulation bills, and sunset review legislation. Plus, Justin recaps what happened at recent meetings of the Florida Blockchain Taskforce & Board of Accountancy.
Also in this week’s IMPACT Report:
- Bill Tracking Updates
- FICPA Presents at Blockchain Taskforce Meeting
Sincerely
Justin Thames
Director of Governmental Affairs
Bill Tracking
SB474 – Deregulation of Professions and Occupations
Status: CS/CS/CS by Appropriations read 1st time
SB126 – Sales and Use tax
Status: Favorable by Finance and Tax; YEAS 8 NAYS 0. Now in Appropriations
SB616 – Background Screening
Status: Introduced – SJ 47
HB6021 – Corporate Income taxes
Status: Introduced – HJ 258
SB740 – Real Estate
Status: Introduced- SJ 56
SB450 – Whistleblower’s Act
Status: Introduced -SJ 34
HB707 – Legislative Review of Occupational Regulations
Status: CS passed; YEAS 85 NAYS 29
HB1141 – Taxation of Real Property
Status: Introduced -HJ 100
SB1140 – Public Accountancy
Status: On Committee agenda– Rules, 03/02/20, 12:00 pm, 110 Senate Building
SB1526 – Food Donation Programs
Status: Introduced -SJ 112
SB1238 – Regulatory Reform
Status: Introduced -SJ 90
HB963 – Consumer Data Privacy
Status: Introduced -HJ 83
HB7095 – Adoption of the Internal Revenue Code for Purposes of the Corporate Income Tax
Status: Introduced -HJ 601
HB 7097 – Taxation
Status: CS by- Appropriations Committee; YEAS 25 NAYS 4
Other Weekly News and Highlights:
FICPA Presents at Blockchain Taskforce Meeting
On February 21, the FICPA represented the profession at the Florida Blockchain Taskforce meeting. Some of the main topics discussed at the meeting included blockchain growth opportunities in state and local governments, and a master plan to work toward development of task force deliverables. We also heard a legislative update including details about the Technology Innovation Bills (HB 1391 & SB 1870) and how they may affect the Blockchain Taskforce.
We are seeking an extension to the Taskforce and potential reauthorization through HB 1077 and SB 1404, which comprise one of the DFS agency bills this year. These two bills include provisions to re-authorize the Taskforce until January 2021 in order to fully investigate the emerging technology and develop high-quality recommendations. In addition to last week’s presentation, the profession is represented on the Task Force by FICPA member Gary Ruderman, CPA.
You can watch the full meeting video here.
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