We worked with bill sponsors Assemblyman Sterley S. Stanley (D-18) and Senator Anthony Bucco (R-25) on this vital legislation that went into effect Feb. 11, 2026. Assembly bill A5598 unanimously passed the Assembly on May 22, and Senate bill S4493 unanimously passed the Senate on Dec. 18. The bill includes the following provisions:
- New licensure pathway option: In addition to the existing 150-hour option, candidates will be able to pursue a CPA license by earning a bachelor’s degree, completing two years of experience and passing the CPA Exam.
- Individual practice privileges (mobility): CPAs licensed in another state will be able to practice in New Jersey as long as they have a bachelor’s or higher degree, have passed the CPA Exam and have at least one year of experience.
- Reciprocal licensure: The requirements for an out-of-state CPA to obtain a reciprocal license in New Jersey are that the CPA (1) have good moral character; (2) hold a valid license from any state; (3) have a bachelor’s degree or higher with an accounting concentration; (4) have passed the CPA exam; and (5) have been employed as a certified public accountant in the practice of public accountancy for at least one year immediately preceding the application for licensure.
- Safe harbor provision: CPAs licensed in New Jersey prior to the effective date of the bill will automatically retain their license.
Effective Feb. 11, 2026, the licensure pathways in New Jersey are:
| | Education | Experience | Exam |
|---|
| PATHWAY 1 | 150 credits | One year | Passage of CPA Exam |
| PATHWAY 2 | Bachelor’s degree | Two years | Passage of CPA Exam |