This month’s update includes a request for Congressional delegation connections; information on federal income tax conformity; legislation related to deregulation, tax and audit; information on a meeting with the Arizona Department of Revenue; and an update from this month’s State Board of Accountancy meeting.
Request: Congressional Delegation Connections
As we begin to work with the 116th Congress, it’s important to identify members who have connections with our Congressional delegation and would be willing to contact them on behalf of the Society. Please let us know if you have a relationship with these elected leaders:
Representatives: Andy Biggs, Ruben Gallego, Paul Gosar, Raul Grijalva, Ann Kirkpatrick, Debbie Lesko, Tom O’Halleran, David Schweikert, Greg Stanton
Senators: Martha McSally, Kyrsten Sinema
The Society educates Congress members and their staff about matters relevant to our profession. Thanks to our members who already confirmed their willingness to continue as a contact. Your engagement with them makes a difference!
Federal Income Tax Conformity Update
The Legislature passed a bill with full conformity and a tax decrease, which Governor Ducey vetoed. There is additional legislation being proposed and details will be shared as we receive them. You can stay up-to-date with our Operation Conformity posts on the Members discussion board through our Connect website.
Deregulation, Tax and Audit Legislation
Four bills designed to reduce regulation with occupational licensing boards have been introduced. One of the bills, HB 2569, impacts the Accountancy Board’s ability to do its work. While well-intentioned, it doesn’t recognize the work done by the CPA profession to allow CPAs to work in different states, so we are working to request an amendment.
We appreciate our Tax Legislation Review Committee members, who have reviewed more than 120 bills that impact the profession: James Busby, Anne Cornelius, Michael Lemme, David Walser, Gary Williams, Jeff Williams and Ed Zollars. We are actively engaged to amend several bills.
The Society supports SB 1256 to repeal the auditor rotation/restriction statute passed in the 2018 session and is urging passage. We are opposing HB 2220 that would require auditor rotation for charter schools.
Arizona Department of Revenue Meeting
Thanks to Ed Zollars for representing the Society in a meeting with Arizona Department of Revenue and DeMenna Public Affairs to discuss federal partnership audit rules. They reviewed the statutes, a proposed uniform code and concluded that this matter would be studied over the next year and most likely legislation proposed in 2020.
At this month’s Accountancy Board meeting, Paul Kern responded to the call to the public by letting the Board know of the Society’s activities working with Executive Director, Monica Petersen, on the four licensing bills.
Jena Diane Ford, CPA, was appointed to the Board’s Continuing Professional Education Advisory Committee. She takes the place of Paul F. Kern, CPA, the Society’s COO/CFO.
On a separate Board-related note, we extend special thanks to member and Board president Julie S. Klewer, CPA for presenting at the Society’s Accounting & Assurance Conference last month. Her presentation, Who is the ASBA, SB 1443 and Current Rulemaking, was valuable and well-received.
This legislative session has been busier than most, and we are tracking more bills than usual. Thank you for your continued engagement by staying informed on these important issues for the profession.