SMALL BUSINESS TO RI LEGISLATORS: BETTER BUT NOT GOOD ENOUGH

Date: September 19, 2016

SMALL BUSINESS TO RI LEGISLATORS: BETTER BUT NOT GOOD ENOUGH

PROVIDENCE (September 19, 2016): The National Federation of Independent Business (NFIB), Rhode Island’s largest small business association, released its legislative rankings for the 2015-16 session of the General Assembly. According to the advocacy group, the results show progress with job creation, but lots of work remains to be done.

“Last session’s priorities for the small business community included the minimum business corporation tax, energy costs, regulatory reforms, truck tolling, and unemployment insurance reforms. The voting record reflects our continued commitment to focus on the economic basics for small business owners,” according to NFIB Rhode Island state director, Bill Vernon. “The day to day cost of running a business, the motivation to grow one that already exists, and the fiscal impact that hiring additional employees will have due to regulations and government mandates are always on the minds of entrepreneurs.”

The voting record was distributed to all NFIB small business members in the state ahead of the November elections as a guide to supporting lawmakers that have proven they stand by small business with their votes on bills before the legislature. While most elected officials claim to support small businesses, the NFIB voting record provides a clear indication of which state representatives and state senators are truly supportive of the community.

“The most significant legislative results included unemployment insurance and regulatory reforms as well as avoiding a broad-based tax increase. In the future, we certainly hope to see victories in areas like lower estate taxes for farmers and small business owners, elimination of the minimum business corporation tax, and fewer civil lawsuits by reforming the justice system,” continued Vernon. “Lawmakers that are motivated to improve Rhode Island’s national rankings economically must fully commit to reducing the cost of doing business and allowing the state’s job creators, small business owners, to grow and prosper.”

To view this year’s voting record, please click here.

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