Legislative Action Center

NJCPA Supports Path to Progress Legislative Package

Posted: May 16, 2019
The NJCPA strongly endorses the reform recommendations spelled out by the New Jersey Economic and Fiscal Policy Workgroup in its “Path to Progress” report and is pleased that many of the recommendations are now included in a sweeping new package of bills introduced by Senate President Steve Sweeney.

State Board Members Now Have Liability Protection

Posted: May 13, 2019
A new law provides liability protection to all people serving on professional/occupational boards in New Jersey. The NJCPA strongly supported this bill.

Most CPAs Are Telling Clients to Relocate out of New Jersey — Here’s How We Can Change That

Posted: May 6, 2019
New Jersey must break its destructive tax-and-spend habit by addressing the structural imbalances in its budget in order to put the state on sounder financial footing. The NJCPA supports policies that produce a fair tax system and economic growth so that companies and residents will stay in New Jersey and thrive.

70 Percent of New Jersey CPAs Polled Say Governor Murphy’s Proposed Budget Will Make NJ’s Economy Worse

Posted: March 21, 2019
More than 38 percent of respondents said the state’s economy would become “significantly worse” and 32 percent said it would become “marginally worse.” Only 12 percent said it would be better and 17 percent said it would “stay the same.”

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.

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.

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.