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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.

View the 2025 tax provisions by type >>

View the 2025 tax provisions by budget section >>

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. 

Here's where CPA pathways stand on a national basis

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.

Advocacy updates

Connecticut Legislative News

CT senators cite a ‘catastrophe’ as Senate passes Trump’s ‘big beautiful bill’

July 01, 2025

The Senate vote was split 50-50, with Vice President JD Vance breaking the tie and casting the deciding vote.

  • advocacy - state
  • advocacy - federal

Governor Lamont Signs Biennial State Budget for 2026 and 2027

June 30, 2025

Governor Ned Lamont today announced that he has signed into law the biennial state budget bill for fiscal years 2026 and 2027, which makes historic investments to expand access to early childhood education, which is among the costliest item for families, all while holding the line on taxes.

  • advocacy - state

Lamont Vetoes Bill Allowing Unemployment For Striking Workers

June 24, 2025

Gov. Ned Lamont on Monday announced a veto of a bill that would have made striking workers eligible for unemployment benefits after they have been on strike for 14 consecutive days, saying he wants to protect jobs in Connecticut.

  • advocacy - state

Lamont To ‘Reluctantly’ Veto Controversial Housing Bill

June 23, 2025

A controversial housing bill intended to address the shortage and high cost of housing in the state will not become law, Gov. Ned Lamont announced Monday.

  • advocacy - state

How far did CT’s ‘fiscal guardrails’ move? Depends whom you ask

June 16, 2025

Leaders say saving rules likely to evolve as federal aid shrinks.

  • advocacy - state

New CT laws taking effect July 1: School lessons, e-books, budget

June 16, 2025

Over six dozen Connecticut laws, including the state’s next budget and bond package, will wholly or partially take effect on July 1.

  • advocacy - state
See More State Advocacy News
Advocacy updates

Federal Legislative News

House passes One Big Beautiful Bill Act with its many tax changes

July 03, 2025

The House passed the Senate’s version of the One Big Beautiful Bill Act, sending it to President Donald Trump for his signature. The bill extends many of the expiring provisions from the Tax Cuts and Jobs Act (TCJA), P.L. 115-97. It also addresses other tax priorities of the Trump administration, including providing deductions to eliminate income taxes on certain tips and overtime pay.

  • business and industry
  • advocacy - federal
  • federal tax

AICPA Applauds Senate Passage of Reconciliation Bill, Encourages House Support

July 01, 2025

The U.S. Senate passed its reconciliation bill earlier this morning, which removes the limit on pass-through businesses’ state and local tax (SALT) deductions entirely, generating optimism for those affected businesses. The American Institute of CPAs (AICPA) sent a letter to Senate leadership expressing its strong support of tax-related provisions included in the latest version of the One Big Beautiful Bill Act (OBBB) passed by the Senate. Additionally, the AICPA is urging members of the House of Representatives to join their Senate counterparts in preserving this important deduction.

  • advocacy - federal

CT senators cite a ‘catastrophe’ as Senate passes Trump’s ‘big beautiful bill’

July 01, 2025

The Senate vote was split 50-50, with Vice President JD Vance breaking the tie and casting the deciding vote.

  • advocacy - state
  • advocacy - federal

Senate passes reconciliation bill including tax changes

July 01, 2025

The Senate passed its version of the One Big Beautiful Bill Act on Tuesday, sending the measure back to the House, where its fate is uncertain. If the House passes the measure without amendment, it would go to President Donald Trump for his signature to become law.

  • advocacy - federal

Details of tax changes in Senate reconciliation bill

June 29, 2025

The Reconciliation Bill being debated in the Senate contains many tax provisions, some of which have changed since the Senate Finance Committee released its proposed legislative language on June 16.

  • advocacy - federal

Senate GOP restores Medicaid cuts to Trump tax package

June 29, 2025

Senate Republicans restored major Medicaid cuts to Donald Trump's signature economic legislation, re-fashioning a key provision to overcome a procedural obstacle.

  • advocacy - federal
See More Federal Advocacy News

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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. 

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