Legislative Action Center

Governor Signs Bill That Forbids Arbitration Agreements in Employee Contracts

Posted: March 19, 2019
Under a bill signed into law by Governor Murphy on March 18, arbitration agreements are now banned in all employment contracts in New Jersey. The NJCPA opposed the bill.

6 Things to Know About Recent Changes to the Accountancy Act

Posted: March 18, 2019
On Jan. 31, 2019, Governor Murphy signed into law numerous changes to the Accountancy Act of 1997 that bring New Jersey’s laws up to date with other states/jurisdictions and the Uniform Accountancy Act. So, how do these statutory changes affect the state’s CPAs?

NJCPA Responds to Governor Murphy’s Proposed FY2020 Budget

Posted: March 6, 2019
While the NJCPA commends Governor Murphy for addressing issues such as health care spending, high property taxes and the growth of small businesses in his budget presentation, we are concerned that the proposed increased spending and revenue raisers will have far-reaching consequences, affecting New Jersey’s ability to grow and attract business.​

NJCPA Urges NJ Legislature to Make Tax Code Change if Cannabis is Legalized in New Jersey

Posted: February 13, 2019
If adult-use cannabis is legalized in New Jersey, it is crucial that the state decouples from the federal law governing cannabis — Internal Revenue Code 280(E) — to have a viable cannabis industry.

It's Time for All Contributions to Retirement Plans to Be Treated Equally in New Jersey

Posted: February 12, 2019
New proposed legislation would level the playing field for all retirement plans, correcting a disparity that impacts mostly teachers and not-for-profit employees.

Governor Murphy Signs Bill Raising Minimum Wage to $15

Posted: February 4, 2019
Governor Phil Murphy today signed legislation that will raise New Jersey's minimum wage to $15 per hour by 2024. Under the new law, the base minimum wage for New Jersey workers will increase to $10 per hour on July 1, 2019, and then will increase by $1 per hour every Jan. 1 until it reaches $15 per hour on Jan. 1, 2024.

Bill Updating New Jersey's Accountancy Statute Signed Into Law

Posted: January 31, 2019
Legislation that updates the statute governing the CPA profession in New Jersey was signed into law today by Governor Phil Murphy. Changes include an update to the definition of attest, firm mobility improvements and CPE reciprocity.

Majority of New Jersey CPAs Polled Say NJ’s Tax Incentive Programs are Not Effective in Attracting Companies and Jobs

Posted: January 28, 2019
More than 55 percent of the NJCPA members polled earlier this month said the state’s tax incentive programs are not effective in attracting companies and jobs to the state. More than 28 percent said state tax incentives were somewhat effective and less than 9 percent believed they were effective.

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.