Minimum Standards for Tax Preparers

SECTION 80.   The department of revenue shall develop regulations to establish minimum competency standards for compensated tax preparers. At least 10 days prior to promulgating such regulations, the department of revenue shall submit a report to clerks of the senate and house of representatives, the joint committee on revenue and the joint committee on consumer protection and professional licensure regarding their findings, including any feedback provided at public hearings and during the notice and comment period.