NFIB/North Carolina Legislative Victories

Date: August 25, 2015

Stopped Health Insurance Mandates
• Successfully stopped 11 additional insurance mandates in 2014 from being passed which would have increased the costs of insurance for small business by over $300 per month
• NFIB continues to stand strong on opposing any and all proposed insurance mandates in 2015 along with numerous other business associations

Provided Unemployment Insurance Relief
• Saved employers tens of millions of dollars in interest owed to the federal government from the $2.8 billion UI debt from the recession
• Reduced the number of paid UI weeks and the amount from $535 to $350

Championed Regulatory Reform
• Won support for a joint Regulatory Reform Committee to review and repeal unnecessary job-killing rules and regulations costing small businesses hundreds of millions annually
• Successfully opposed legislation requiring employers to provide paid sick leave to their employees

Coordinated Major Tax Reform Efforts
• Ensured that the corporate tax rate be reduced from 6.9% to 5% by 2015
• Reduced the personal income tax rate from 7.75% to a flat 5.9%
• Repealed the “death tax”, saving family businesses
• Prevented additional services in the state from being taxed to provide revenue for tax reform cuts

Successful Workers’ Compensation Reform
• NFIB fought to level the playing field for small businesses when it comes to fighting bogus workers’ compensation claims

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