Legislative Action Center


NJCPA Legislative Priorities

Below is the key legislation the NJCPA is tracking. Click each item for further information.

  • Adjust statute of limitations on professional malpractice claims

  • Implement a cap on appeal bonds

  • Change the due date of New Jersey transfer inheritance tax payments

  • Provide IRC Section 1202 incentives at the state level in New Jersey

  • Encourage local governments to use shared services and consolidations

  • Provide businesses liability protection from unfair coronavirus-related lawsuits

  • Require businesses with information technology contracts with the state to install software to track time worked

  • Narrow the use of independent contractors

  • Require State Treasurer to issue report on New York’s taxation of New Jerseyans working remotely

  • Impose a “micro tax” on electronic financial data center trades

  • Create New Jersey Revenue Advisory Board

  • Revise calculation of Business Alternative Income Tax (BAIT)

  • Decouple New Jersey from IRC Section 280E to help small cannabis businesses be profitable

  • Ban restrictive covenants for employment contracts

  • Change sexual harassment laws

  • Make technical changes to mobility law

  • Allow tax deduction for cosigners of New Jersey-issued student loans

  • Require registration of private education lenders; establish protections for private education borrowers

  • Educate high school students about student loan debt



Contact Jeff Kaszerman at jkaszerman@njcpa.org or 862-702-5610.

Do You Know a New Jersey Legislator?

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). 

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