Missouri Small Business Victories

victories

  • NFIB/Missouri Legislative Victories
    Workers’ Compensation Reform
    Last session, NFIB and a coalition of business groups worked out a compromise that will stabilize the second injury fund while at the same implementing much needed reforms to that program. Over the next few years, the reforms that were put in place should help to keep premiums lower moving into the future.

    Tax Reform
    NFIB members were very disappointed last year when the Governor vetoed a comprehensive tax reduction bill.
    However, after some retooling, the legislature pass another version. Once again the Governor vetoed the bill but this
    time it was overridden by the House and Senate. This piece of legislation will help every small business in Missouri.
    The small business community made its voice heard following the second veto and this time they were heard.

    Unemployment Insurance
    During the recent recession, Missouri was paying out more in unemployment claims than it was taking in from Missouri employers. As a result, Missouri had to borrow from the federal governement to pay claims. At one point, Missouri owed the feds almost $800 million. Missouri employers were assessed per employee tax increase to pay the amount. A bill was passed and signed this year that would tighten the de?nition of “misconduct” as well as make some other procedural changes which should save the unemployment trust fund money going foward. The good news is the state has almost paid the feds in total and assessments against Missouri employees will stop.

    Workers’ Compensation Reform
    NFIB and a coalition of business groups worked out a compromise that will stabalize the second injury fund while at
    the same time implementing much needed reforms to that program. Over the next few years, the reforms that were
    put in place should help to keep premiums lower moving into the future.

    Regulatory Reform
    Two years ago, NFIB was instrumental in getting a bill passed that would require every state agency to review all of
    their rules and regulations within in a ?ve year times span. NFIB continues to monitor the progress of this effect, as
    well as, working with the Small Business Awareness Board.

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