3 Indiana Small Business Bills to Watch Down the Homestretch

Date: April 03, 2019

Should Indiana have paid family leave insurance?

Business Personal Property Tax Small Business Exemption: Senate Bill 233

State Senator Aaron Freeman authors this small-business-friendly proposal that increases, from $20,000 to $40,000, the acquisition cost threshold for the Business Personal Property Tax Exemption. It also repeals provisions in current law that allow a county council to impose a local service fee on each entity that has exempt business personal property. Such fees defeat the purpose of the small business exemption. Prior to this exemption, most returns cost more to process than the actual tax assessed. This common-sense bill that makes a big difference for small business.  Passed the Senate 48-0.Passed out of the House Ways and Means Committee and is now on second reading in the House. NFIB members strongly support this legislation. Please tell your legislators to vote YES on SB 233.

Paid Family Leave Insurance Takes a Step Forward: Senate Bill 496

State Sen. Karen Tallian’s plan to provide workers with paid family leave is moving forward. Although not in its original form, SB496 passed the Senate with the help of 21 Republicans and 8 Democrats. The amended bill calls for the Department of Insurance to create a voluntary plan to be used by employers and employees. This is just the beginning. Small business owners know that programs that start as voluntary eventually become mandates. Passed the Senate 30 –19. This is a perfect example of the “Camel’s Nose Under the Tent.”

Please tell your legislators to vote NO on SB-496

Affordable Workforce Housing: House Bill 1625

Finding qualified workers is the number one issue for small business owners. What’s making it even more difficult, is that in many communities, workers cannot find affordable housing. Regulations and permitting have increased the cost to build housing, resulting in a shortage of affordable places to live. Authored by Representative Clere (R), HB 1625 provides greater transparency by requiring state agencies and local units to disclose the financial impact new rules and regulations will have on housing. By requiring a housing impact analysis, lawmakers will know the costs and benefits of proposed regulations before they go into effect. It’s about transparency, good government and a growing economy.  Passed the House 51-47. This bill was heard in the Senate Tax and Fiscal Policy Committee on Tuesday, March 26. No vote has yet been taken.

Please tell your legislators to vote YES on HB-1625.

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