2023 Advocacy Wrap-Up
Our Advocacy Wrap-Up is complete and ready to be viewed. We will continue to update the list of bills as the Governor signs them into law.
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Connecticut Legislative News
Connecticut climbed eight spots in CNBC’s annual ranking of “Top States for Business,” reaching 31st on this year’s list.
Connecticut residents favored cannabis flower over vapor or edible products as they spent nearly $24 million on cannabis products during the month of June, the Department of Consumer Protection announced in a press release on Monday.
Gov. Ned Lamont issued his first vetoes of the year on Thursday when he rejected five bills passed by the state legislature and denounced as “environmentally and fiscally irresponsible” another bill affecting the disposal of solid waste in Connecticut.
Governor Ned Lamont today announced that Connecticut Summer at the Museum – the popular state program that enables Connecticut children to receive free admission at dozens of museums across the state during the summer months – is returning for 2023 with more than 120 museums statewide participating.
The Connecticut Data Privacy Act, approved last year, takes effect Saturday July 1. With this new law, Connecticut is the fifth U.S. state with comprehensive consumer privacy legislation and there is a lot all of us need to know. We asked an expert at Day Pitney LLP Data Privacy, Protection and Litigation practice and these are his answers.
Among the last of New England’s moderate Republican senators, he was elected governor as an independent
Federal Legislative News
The 150-hour education requirement for CPA licensure has become a target for some who see it as an easy way to ease the talent pipeline issues facing the profession.
It has been five years since the U.S. Supreme Court heard South Dakota v. Wayfair. The court decided on June 21, 2018, that states could tax purchases made from out-of-state sellers, even if the seller does not have a physical presence in the taxing state. Much of what has happened in state tax law since then has been based on that decision.
The AICPA and the National Association of State Boards of Accountancy (NASBA) are working together to develop an integrated education and experience program for students who need a path to the 150 credit hours required for CPA licensure. The Experience, Learn and Earn program (ELE) will combine meaningful online study integrated with early work experience.
With just minutes left in the 2023 Connecticut legislative session, Connecticut officially joined the first states to adopt the 30-month CPA Exam testing window recommended by NASBA.
Measure heads to Senate, where passage is virtually certain
The debt-limit deal would rein in spending on some federal government services but barely dents the roughly $20 trillion in combined budget deficits projected over the next decade.