In this study, the dynamic critical behavior of the mixed spin-1 and spin-3/2 Ising system on a bilayer square lattice is studied by using the Glauber-type stochastic dynamics for both ferromagnetic/ferromagnetic (FM/FM) and antiferromagnetic/ferromagnetic (AFM/FM) interactions in the presence of a time-varying external magnetic field. The dynamic equations describing the time-dependencies of the average magnetizations are derived from the Master equation. The phases in the system are obtained by solving these dynamic equations. The temperature dependence of the dynamic magnetizations is investigated in order to characterize the nature (first- or second-order) of the dynamic phase transitions and to obtain the dynamic phase transition temperatures. The dynamic phase diagrams are constructed in seven different planes for both FM/FM and AFM/FM interactions and the effects of the related interaction parameters on the dynamic phase diagrams are examined. It is found that the dynamic phase diagrams display many dynamic critical points, such as tricritical point, triple point (TP), quadruple point (QP), double critical end point (B), multicritical point (A) and tetracritical point (M). Moreover, the reentrant behavior is observed for AFM/FM interaction in the system. (C) 2014 Elsevier B.V. All rights reserved.