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NFIB Reacts to Maryland Legislature’s Override of Gov. Hogan’s Veto of $1.4 Billion Payroll Tax

NFIB Reacts to Maryland Legislature’s Override of Gov. Hogan’s Veto of $1.4 Billion Payroll Tax

April 9, 2022

NFIB Reacts to Maryland Legislature's Override of Gov. Hogan's Veto of $1.4 Billion Payroll Tax

FOR IMMEDIATE RELEASE

CONTACT: Mike O’Halloran, NFIB State Director in Maryland, 301-335-1063 / mikea.ohalloran@nfib.org

ANNAPOLIS (April 9, 2022) – Yesterday, Governor Larry Hogan vetoed a mandated paid leave insurance program to be funded by a massive payroll tax on businesses and employees. Today, the Maryland Legislature voted to override the Governor’s veto. The National Federation of Independent Business (NFIB) in Maryland, which represents thousands of small businesses in the state, reacted to the General Assembly’s latest action. The following comments are from NFIB’s Maryland State Director, Mike O’Halloran:

“Unfortunately, the Legislature has just handed another bill to small businesses. This one has a price tag of $1.4 billion. Maryland job creators who were fortunate enough to make it through COVID restrictions, record inflation, and persistent supply chain issues will now face a new payroll tax. Our members are finding it more and more difficult to keep up with the increased labor costs doled out by the General Assembly.”

 

Read Gov. Hogan’s April 8th veto message to the General Assembly: SB-275-Paid-Family-Leave-Veto.pdf (maryland.gov)

 

About NFIB

For more than 75 years, NFIB has been the voice of small business, advocating on behalf of America’s small and independent business owners, both in Washington, D.C., and in all 50 state capitals. NFIB is nonprofit, nonpartisan, and member driven. Since our founding in 1943, NFIB has been exclusively dedicated to small and independent businesses and remains so today. For more information, please visit www.NFIB.com

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

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