LEGISLATIVE UPDATE: Special Session Expected

Date: January 18, 2022

Gov. Kay Ivey is expected to call a special session this week to appropriate $772 million in federal American Rescue Plan Act (ARPA) funds.

The session is expected to address a host of critical issues including broadband expansion, infrastructure improvements, and replenishment of the unemployment trust fund. Returning the unemployment trust fund to pre-pandemic levels would help avoid a tax increase for small business owners a top priority for NFIB.

Property tax legislation

NFIB members have long supported changes to the Business Personal Property tax statute. HB 82 by Rep. Danny Garrett (Trussville) and Sen. Clay Schofield (Guntersville) changes the business personal property tax to exempt the first $40,000 of business personal property tax from taxation. The bill is pending.

Related Content: Small Business News | Alabama

Subscribe For Free News And Tips

Enter your email to get FREE small business insights. Learn more

Get to know NFIB

NFIB is a member-driven organization advocating on behalf of small and independent businesses nationwide.

Learn More

Or call us today
1-800-634-2669

© 2001 - 2024 National Federation of Independent Business. All Rights Reserved. Terms and Conditions | Privacy