There is a quiet revolution underway at the Indiana State House.
The Indiana General Assembly has so far been leading this revolution that you won’t read about it in the newspapers or online in general circulation media.
House Bill 1467 is a rather short piece of legislation that was authored by Representative Martin Carbaugh (R-Fort Wayne) and co-authored by Reps. VanAtter, Austin and Heaton. The bill was voted unanimously out of the House Committee on Employment, Labor and Pensions. When it made it to the floor of the House of Representatives, it passed unanimously there as well.
Then on to the Senate. HB 1467 was assigned to the Committee on Commerce and Technology. Again, it passed out of committee unanimously. As of this writing, we await action by and anticipate support from the full Senate.
House Bill 1386 is moving along as well, legislation that also is part of the revolution. It saw success in the House Committee on Education and passed the full House of Representatives 68-21. The bill now awaits action in the Senate Committee on Education and Career Development.
So, what revolution is this? We have written about it in the past. Presentations have been made on it. Data from member surveys say the time for it is now.
The CPA profession in Indiana is leading the country in a revolution to change methods available to CPAs that will enhance competence and fulfill requirements to renew an active CPA license. If enacted, HB 1467 will enable the Indiana Board of Accountancy to adopt rules that would provide options to Indiana CPAs related to professional development (competency enhancement). The concept is foreign to most practitioners. It is not CPE as you know it. A competency-based approach to license renewal will require new ways of thinking for CPAs and those who regulate the profession. But, the time is now. The current system of license renewal is stuck in the past, and the CPA profession is focused on the future.
And HB 1386 is striving to do the same for public education. Change the system. HB 1386 “establishes the competency-based education pilot program (and) provides that the department of education may award grants under the pilot program for competency-based programs from the innovation network.” So, if you have kids or grandkids, or think that you might at some time in the future, you should pay attention to what is going here.
This revolution is not like the overthrow of a government. This revolution will take time. It will require a new perspective. It will require innovation and experimentation. There will be failures, but there will be successes as well. We need to celebrate these successes.
The time is now, and Indiana is demonstrating a commitment to innovation and the future of learning. We need to commend Indiana legislators for boldly leading the way.