The Nevada Legislature meets only in odd-numbered years. Below are some of the NFIB/Nevada victories achieved during 77th Legislature, which adjourned on June 3, 2013.
Eliminated Payroll Tax for Small Businesses
In 2009, the Legislature eliminated the tax on the first $250,000 of a business’ payroll. In the 2013 session that exemption was raised to $340,000. Reducing taxes on entrepreneurs is a top priority for NFIB, and extending this tax reduction is one way to help small-business owners during tough economic times.
Killed Tax Increases on Small-Business Owners
NFIB worked to stop several proposed taxes, including:
- an increase on the mining tax
- a 4.5 percent tax on any business with an income over $500,000
- a sales and property tax increase in Washoe County
- an entertainment and admissions tax
- a tax on snack foods
Stopped Bills Aimed at Punishing Contractors and Businesses That Hire Them
Two bills would have made it essentially illegal to be self-employed, by substantially narrowing the definition of whom an independent contractor could be and what an independent contractor could do. The bills would have also punish companies who hire independent contractors.
Blocked Health-Care Mandates
Nevada already has more than 50 requirements on health plans, while neighboring Idaho has only 15. NFIB defeated additional proposals such as mandating acupuncture treatments. We will continue to oppose all new health-care mandates and fight to hold down the costs of health insurance.