NASBA Chairman in Race for Congressional Seat

Midland, Texas (May 14, 2003) -- Michael Conaway, chairman of the National Association of State Boards of Accountancy, is hoping that his 30 years of CPA experience will help him land a seat on Capitol Hill.

Conway, who practices in Midland, Texas, is a candidate in a special election to be held June 3 to decide who fills out the term of U.S. Rep. Larry Combest, who's resigning from his 19th Congressional District seat effective May 31.

In a special election May 3, Conaway and fellow Republican Randy Neugebauer garnered the most votes among a field of 17 candidates vying for Combest's seat. However, neither man received the required 50.01 percent of votes cast, so they are facing off in the additional election.

"It helps that farming legislation is an integral part of our district's economics, and as a CPA, I have an understanding of the legislation and of business in general," said Conaway. His campaign literatures cite his 30 years of CPA experience and his close ties to President George W. Bush, who as Texas governor appointed Conaway chairman of that state's Board of Public Accountancy.

Although Conaway has been very busy on the campaign trail in recent months, he said he expects to fulfill his term as NASBA chairman, which expires in October.

-- John M. Covaleski

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