Professional Issues Update

The Pennsylvania General Assembly completed action on the FY 2026-27 12 days into the new fiscal year, approving the General Appropriations and Fiscal Code bills. Governor Shapiro signed the budget into law on July 12, 2026.

Pennsylvania House Bill 1697 (the False Claims Act) would allowing private individuals to file lawsuits on behalf of the state with the potential to receive financial rewards if they win. Unlike similar federal and other state versions, this proposal may allow lawsuits over state and local tax matters, putting CPAs at increased liability risk.

After more than 20 months of PICPA advocacy, the Pennsylvania Department of Education has released revised, profession-aligned guidance for charter school engagements under Act 55 of 2024.