Or. Admin. Code § 801-010-0110

Current through Register Vol. 63, No. 11, November 1, 2024

Section 801-010-0110 - Renewal of License

(1) Unless properly renewed, licenses issued under ORS 673.150 that end in even numbers expire on June 30 of even-numbered years and licenses that end in odd numbers expire on June 30 of odd-numbered years. To renew an active, inactive or retired license, the license holder must:

(a) Submit the current renewal form published by the Board, fully completed and received no later than June 30 of the year in which the license expires. Applications that are submitted after June 30 must include a late fee described in OAR 801-010-0010;

(b) Pay the renewal fee specified in OAR 801-010-0010; and

(c) If applying for renewal of an active or inactive license, provide evidence that the applicant has satisfied the continuing education requirements as provided in OAR 801-040-0010.

(2) A licensee that does not renew by June 30 of the year in which the license expires shall not hold out as a CPA or PA or practice public accounting until the license is renewed. A permit that is not renewed within 60-days after the close of the permit period for which it was issued or renewed will lapse. A licensee whose license has lapsed shall not hold out as a CPA or PA or practice public accounting as defined in OAR 801-005-0010(40) until the license is reinstated. Lapsed licensees may not hold ownership interest in a registered CPA or PA firm.

(3) The Board will pro-rate a licensee's initial license fee in six month increments, depending on the date of issuance.

(4) The Board will pro-rate the continuing education requirements for licensee's first renewal.

(5) The Board may waive the renewal fee if an initial CPA/PA license is issued in May or June of the year in which the license is due for renewal.

Or. Admin. Code § 801-010-0110

1AB 4-1981, f. & ef. 6-17-81; AB 3-1991, f. & cert. ef. 4-10-91; AB 4-1991, f. & cert. ef. 7-1-91; AB 5-1993, f. & cert. ef. 8-16-93; AB 3-1994, f. & cert. ef. 8-10-94; AB 4-1994, f. & cert. ef. 9-27-94; AB 1-1995, f. & cert. ef. 1-25-95; BOA 6-1999, f. 12-21-99, cert. ef. 1-1-00; BOA 4-2001, f. 12-28-01, cert. ef. 1-1-02; BOA 3-2002, f. 12-27-02, cert. ef. 1-1-03; BOA 4-2003, f. 12-23-03 cert. ef. 1-1-04; BOA 2-2006, f. 12-22-06, cert. ef. 1-1-07; BOA 3-2010, f. 12-15-10, cert. ef. 1-1-11; BOA 2-2014 f. 12-15-14, cert. ef. 1/8/2015; BOA 1-2017, f. & cert. ef. 1/4/2017; BOA 1-2019, amend filed 12/19/2019, effective 1/1/2020; BOA 3-2023, amend filed 09/29/2023, effective 10/1/2023

Statutory/Other Authority: ORS 670.310 & 673.410

Statutes/Other Implemented: ORS 673.150