AB332,25 Section 25. 440.09 (title) of the statutes is amended to read:

AB332,,50 440.09 (title) Reciprocal credentials for service members, former service members, and their spouses.

AB332,26 Section 26. 440.09 (1) of the statutes is repealed.

AB332,27 Section 27. 440.09 (2) (b) of the statutes is repealed.

AB332,28 Section 28. 440.09 (2) (f) of the statutes is amended to read:

AB332,,54 440.09 (2) (f) The individual is in good standing with the governmental authorities in every jurisdiction outside this state that have granted the individual a does not have any limitation, restriction, or other encumbrance on any license, certification, registration, or permit issued by a governmental authority in a jurisdiction outside this state that qualifies the individual to perform acts authorized under the appropriate credential granted by the department or credentialing board and is not under investigation by any such governmental authority.

AB332,29 Section 29. 440.09 (2m) of the statutes is repealed.

AB332,30 Section 30. 440.09 (3) (a) of the statutes is renumbered 440.09 (3) (ag).

AB332,31 Section 31. 440.09 (3) (ac) of the statutes is created to read:

AB332,,58 440.09 (3) (ac) Notwithstanding sub. (2), once an individual applies for a credential under sub. (2) (a), the credential shall be considered to be provisionally granted on that date, and the individual may immediately practice as provided in par. (am), subject to the ultimate decision by the department or credentialing board on whether to grant or deny the credential.

AB332,32 Section 32. 440.09 (3) (am) of the statutes is created to read:

AB332,,60 440.09 (3) (am) 1. A reciprocal credential granted under this section shall, except as otherwise provided in this subsection and as otherwise provided by law, be considered in all respects as being equivalent to, subject to the same laws, scope of practice, and procedures as, and considered to confer the same rights, privileges, and authority that are conferred by, the appropriate credential granted by the department or credentialing board under the appropriate provisions under chs. 440 to 480.

AB332,,61 2. An individual granted a reciprocal credential under this section shall limit his or her practice to the scope of his or her experience, education, and training.

AB332,33 Section 33. 440.09 (4) of the statutes is repealed.

AB332,34 Section 34. 440.09 (6) of the statutes is created to read:

AB332,,64 440.09 (6) (a) Only an individual may be granted a reciprocal credential under this section.

AB332,,65 (b) This section does not apply to any of the following:

AB332,,66 1. Credentials that are granted under subch. IV, V, or XIV or ch. 444 or 463.

AB332,,67 2. Credentials that are of a temporary nature.

AB332,35 Section 35. 440.88 (7) of the statutes is repealed.

AB332,36 Section 36. 440.972 (1m) of the statutes is repealed.

AB332,37 Section 37. 440.98 (7) of the statutes is repealed.

AB332,38 Section 38. 441.06 (1m) of the statutes is repealed.

AB332,39 Section 39. 441.10 (8) of the statutes is repealed.

AB332,40 Section 40. 442.04 (1) of the statutes is amended to read:

AB332,,74 442.04 (1) The examining board shall grant a certificate as a certified public accountant to all persons who become entitled thereto under this section and s. 442.05. A certificate is permanent unless revoked and not subject to periodic renewal.

AB332,41 Section 41. 442.04 (5) (b) 4. of the statutes is amended to read:

AB332,,76 442.04 (5) (b) 4. Except as provided in s. 442.05 440.09, the person has successfully passed an examination in such subjects affecting accountancy and business as the examining board considers necessary. A person is not eligible to take the examination under this subdivision unless the person has completed at least 120 semester hours of education at an institution that include course work in accounting and business subjects, as determined by the examining board.

AB332,42 Section 42. 442.05 of the statutes is repealed.