Advocacy Updates
Key Tax Provisions Included in $55.8B Budget Package
The Connecticut legislature passed a $55.8 billion two-year budget with significant spending increases and weakened fiscal guardrails. Several tax changes and new measures were included that impact individuals, businesses, and municipalities.
CTCPA Executive Director Bonnie Stewart has combed through the more than 600 pages of the budget bill to highlight key tax provisions by both bill section and tax type. For complete language on any of these provisions, you can refer to the noted sections of the budget bill, H.B. 7287.
CTCPA Bill to Modernize CPA Licensure and Mobility Laws Signed into Law
We advocated for Connecticut to adopt three flexible pathways to CPA licensure, expanding access to the profession while ensuring continued integrity of the credential. We also pursued an automatic or enhanced mobility model to grant CPAs licensed in other states the privilege to practice here without administrative hurdles.
The proposals were released as Raised Bill 7020, An Act Concerning Certified Public Accountants . The bill was signed into law by Governor Lamont on June 10.
Lower CPA License Fees Not Included in Final Budget Package
Despite extensive efforts by the CTCPA and many members (thank you!), reducing CPA license fees was unfortunately not included in the final budget package passed by the House and Senate. This measure aimed to reduce licensure fees for all professions licensed by the Department of Consumer Protection, including CPAs.
Unfortunately, as concerns regarding the budget grew, neither the Governor nor legislative leaders were comfortable moving forward with fee reductions for any profession other than a limited number of medical professionals.
This was disappointing news for our profession, and we will continue advocating for this measure as it remains extremely important to our organization and its members.
We plan to work diligently over the summer and fall and will request this issue to be raised again during the 2026 legislative session.
Connecticut Legislative News
CT sues the Trump administration again, this time over FEMA funding
July 16, 2025
In CT, $84 million in federal funding for projects to enhance climate resilience is at risk.
Connecticut One Of 25 States To Sue Over Federal Education Funds
July 15, 2025
Attorney General William Tong is once again taking the Trump administration to court, this time joining a coalition of 25 states in suing the administration over $6.8 billion in federal funding it is withholding from the states.
Lawmakers carve a new path around CT budget cap
July 15, 2025
Just two weeks old, biennial budget underfunds worker benefits by $210 million.
What are the new AI laws in Connecticut?
July 14, 2025
For the second year in a row, Connecticut legislators decided not to regulate AI for businesses, but they did pass a law that criminalizes deepfake revenge porn and provides education funding for artificial intelligence.
Meet The 8 CT Senators With Perfect Voting Records In The 2025 Legislative Session
July 08, 2025
Eight out of Connecticut’s 36 state senators were present for each of the 437 votes taken in the Connecticut Senate during the 2025 legislative session, thus ending up with perfect voting records this year.
CT Officials Slam Federal Budget For Deep Cuts To Health Care, SNAP, Safety Net Programs
July 07, 2025
Connecticut officials are warning of widespread harm to health care access, state finances, and working families under the newly signed federal budget law.
Federal Legislative News
Connecticut One Of 25 States To Sue Over Federal Education Funds
July 15, 2025
Attorney General William Tong is once again taking the Trump administration to court, this time joining a coalition of 25 states in suing the administration over $6.8 billion in federal funding it is withholding from the states.
Next Trump budget bill begins taking shape in House
July 14, 2025
The ink is hardly dry on President Donald Trump's $3.4 trillion tax and spending package and House Republicans are already at work on a follow-up budget bill coming this autumn.
Taxpayer Victory – Natural Disasters Act to Deliver Rapid Relief and Certainty, Headed to President’s Desk for Signature
July 11, 2025
The American Institute of CPAs (AICPA) and state CPA societies have strongly advocated Congress to authorize the Internal Revenue Service (IRS) to postpone federal tax deadlines for taxpayers affected by a qualified state-declared disaster upon a declaration by the state governor. Earlier this year, the House of Representatives unanimously passed the Filing Relief for Natural Disasters Act (H.R. 517) and this week the Senate followed suit, passing the bill by unanimous consent. The bill now heads to the President’s desk for his signature.
AICPA: Guidance needed on catch-up contributions under Roth mandate
July 10, 2025
The AICPA requested additional guidance from Treasury and the IRS on catch-up contributions that are designated as Roth contributions in Section 603 of the SECURE 2.0 Act of 2022 (Division T of the Consolidated Appropriations Act, 2023, P.L. 117-328).
Lamont Signs 198 Bills, Vetoes 3 This Legislative Session
July 09, 2025
Gov. Ned Lamont has acted upon all 203 bills approved by the Connecticut General Assembly during the 2025 legislative session, significantly fewer bills than the legislature put forth two years ago.
AICPA recommends changes to mandate ending federal disbursements by paper check
July 07, 2025
Treasury should extend the time frame for mandating the end of paper checks for federal disbursements or at least set rules that make the transition easier for taxpayers, the AICPA said in a letter about Executive Order 14247, Modernizing Payments to and From America’s Bank Accounts.
Not a CTCPA member? Join today to receive even more legislative and regulatory news straight to your inbox.
Find your legislators in our Advocacy Action Center.
View our Advocacy Toolkit to learn how you can help protect your career, your company, and your clients by getting engaged in the legislative process with these simple steps.
Help us develop a team of members to work with the CTCPA during the legislative session when issues arise.
We're working hard for you at the State Capitol - but we can't do it alone. We'd like to thank the CTCPA members who've helped us this legislative session, whether they've written testimony, contacted their legislators, or contributed to our advocacy efforts.