Won a 26 percent decrease in workers’ compensation premiums in three years
In the past three years, NFIB/Montana was a leader in cutting workers’ compensation premiums 26 percent. In 2011, it helped to draft and championed House Bill 334 that reformed the workers’ compensation system and resulted in a 20 percent drop in rates. This year, following the 2013 legislative session, the Montana State Fund reviewed its records and dropped the premiums another 6 percent for 2014.
Lowered the business equipment tax for every small business in Montana
Spearheading support for Senate Bill 96 in the 2013 legislative session, NFIB/Montana helped raise the exemption of the business equipment tax from the current $20,000 to $100,000 beginning in 2014. It also reduces the tax rate from 2 percent to 1.5 percent on the next $6 million of business equipment.
Defeated a $60 million raid on the Montana State Fund
Senate Bill 173 in the 2013 Montana Legislature would have forced the Montana State Fund to absorb a $60 million liability in old workers’ compensation claims, and would have increased premiums. A “call to action” of NFIB/Montana members by fax, telephone, and e-mail stopped this bill a week before the session ended on a 3-to-97 “No” vote by the House of Representatives.
Passed legislation to protect small business from rules and regulations
NFIB/Montana was a strong voice that helped pass Senate Bill 139 in the 2013 legislative session that requires state agencies to analyze the impact of proposed rules and regulations on small businesses. Montana now joins 42 other states and the federal government that has this law.