February 4, 2008

Honorable Representative Scott Pelath, Chairperson

Administrative Rules Oversight Committee

Indiana Legislative Services Agency

200 West Washington Street, Suite 301

Indianapolis, IN 46204-2789

Attn: Allen Morford

RE: LSA Document Number 07-306

Dear Representative Pelath:

On behalf of the Indiana Board of Accountancy, I am submitting this letter to the Administrative Rules Oversight Committee in compliance with IC 4-22-2-25 because the Board has determined that the promulgation of the above-captioned rule may not be completed within one year after publication of the notice of intent to adopt a rule.

The Board published its notice of intent to adopt a rule for the above-captioned document on June 13, 2007 (DIN: 20070613-IR-872070306NIA). To date, the proposed rule has not been published and a hearing date has not been set. The Board expects to publish the proposed rule in May, 2008 and hold a public hearing in July, 2008. In order to provide ample time to review comments received at the public hearing and for the appropriate review times, the Board expects to have the final rule approved by December 31, 2008.

If you need additional information, please feel free to contact me at bmcnutt@pla.in.gov or 317-234-1987.

Sincerely,

Barbara Marvel McNutt

Chief Counsel

Cc: Deborah Widemon, Board Director

Frances Kelly, Director, Indiana Professional Licensing Agency