Property TaxDespite a decrease in Vermont's student enrollment in recent years, both commercial property taxes (5%) and residential property taxes (4%) continue to increase. NFIB will continue to fight to reverse this trend.
Employer AssessmentDespite the shutdown of Vermont Health Connect to employers in September 2014, the state continues to require employers to pay a quarterly tax payment; the first 4 full-time equivalent employees are exempt from the tax. The $18 million that is generated annually from this tax is essentially paying to operate a program that no longer exists. NFIB continues to vigorously calling for the repeal of this tax.
Mandated Paid Sick LeaveThis issue passed early in the 2016 legislative session. Employees whom are at least 18 years of age, work over 18 hours a week, and work more than 20 weeks within a year would accrue one hour of paid leave for every 52 hours worked, up to a maximum of 3 days in the first 12 month period, and increasing to 5 days in the third year of implementation. Business with 5 of fewer employees will have an additional year to prepare. NFIB will continue to oppose this mandate.
HealthcareThe governor has proposed an All-Payer Waiver, which would change how health care providers are reimbursed. NFIB/VT is closely monitoring this to ensure that this new healthcare experiment isn’t going to put more upward pressure on health insurance premiums and out-of-pocket costs.