Legislative News and Issues

NJCPA Legislative Priorities

Below are highlights of key legislation the NJCPA is tracking. Click each title for an update on the issue.

  • Updating New Jersey's Accountancy Statute to Conform With UAA

  • Forbidding Companies That Require Arbitration Contracts from State Contracts

  • Minimum Wage Hike to $15

  • “Gender Equity” Bill that Promotes Abusive Lawsuits

  • Amending NJ Constitution to Require Payments to Pension Plan

  • Professional Malpractice Reform

  • Creation of Task Force to Study Regulating Tax Preparers

  • Appeal Bond Cap

  • Providing Liability Protection to Board of Accountancy Members

  • Providing IRC Section 1202 Incentives on the State Level

  • Mandating Paid Sick Leave

  • Mandatory Firm Rotation for External Governmental Auditors

  • Revising Financial Reporting Requirements for Charitable Organizations

  • Changing Due Date of NJ Transfer Inheritance Tax Payment

The NJCPA plays a critical role protecting the CPA profession in the New Jersey Legislature. No group has more impact on your ability to practice your profession than the Governor and the members of the Legislature. One of the most powerful methods we use to influence this group is through direct contacts made by CPAs who have existing relationships with a lawmaker(s). If you have a relationship with any New Jersey lawmaker, please contact Jeff Kaszerman at 973-226-4494 x210 or jkaszerman@njcpa.org.