Vermont Small Business Issues


  • 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.

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  • 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.

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  • 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.

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  • 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.

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  • Ban the BoxVermont is contemplating enacting legislation that would prohibit an employer from asking whether or not an applicant for employment had been convicted on job applications.

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  • State Budgeting – $130 Million Short for upcoming budget yearDue to unexpectedly low revenues, Gov. Shumlin and the Legislature will need to come up with $130 million in cuts, increased taxes or a combination of the two in order to balance this year’s budget.

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