INVESTIGATOR LICENSURE: CPAs S.B. 1091:
SUMMARY AS ENACTED
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Senate Bill 1091 (as enacted) PUBLIC ACT 359 of 2010
Sponsor: Senator Alan Sanborn
Senate Committee: Economic Development and Regulatory Reform
House Committee: Regulatory Reform
Date Completed: 4-26-11
CONTENT
The bill amended the Professional Investigator Licensure Act to revise an exemption from licensure for certified public accountants.
Under the Act, subject to various exceptions, a person, firm, partnership, company, limited liability company, or corporation may not engage in the business of professional investigator for hire, fee, or reward, and may not advertise its business to be that of a professional investigator, without first obtaining a license.
Previously, the Act did not apply to a certified public accountant (CPA) acting within the scope of his or her licensed professional practice who does not perform investigative services, including surveillance activities or other activities outside of the scope of his or her licensed professional practice.
Under the bill, instead, the Act does not apply to a CPA or public accounting firm currently licensed, registered, or certified by a regulatory agency of this or any other state, including the employees of the CPA or public accounting firm acting within the scope of the individuals' or firms' professional practice.
The bill took effect on December 22, 2010.
MCL 338.824
Legislative Analyst: Suzanne Lowe
FISCAL IMPACT
The bill would have no fiscal impact on State or local government.
Fiscal Analyst: Elizabeth PrattAnalysis was prepared by nonpartisan Senate staff for use by the Senate in its deliberations and does not constitute an official statement of legislative intent. sb1091/0910