Under IC 4-22-2-24, notice is hereby given that on September 19, 2008, at 10:15 a.m., at the Indiana Government Center South, 402 West Washington Street, Room W064, Indianapolis, Indiana, the Indiana Board of Accountancy will hold a public hearing on a proposed rule to add 872 IAC 1-1-10.5, Accountant Investigative Fund, to establish the fee, requirements, and procedures for the accountant investigative fund established by House Enrolled Act 1312, P.L.190-2007.

Upon review, the Indiana Board of Accountancy has determined that this rule will have a minimal fiscal impact on small businesses. It amounts to $10 per year per licensee, should the small business elect to pay the fee on behalf of its employees. The investigative fund, which was established by House Enrolled Act 1312, P.L.190-2007 is designed to further enforce the accountancy statute and rules. In addition, the rule will enhance the protection of consumers from unscrupulous practitioners.

Copies of these rules are now on file at the Indiana Government Center South, 402 West Washington Street, Room W072 and Legislative Services Agency, One North Capitol, Suite 325, Indianapolis, Indiana and are open for public inspection.