NFIB informed state senators on Tuesday, Feb. 16, that it was key-voting Senate Bill 38, a measure help reduce legal expenses for small business owners under certain conditions.
Key-voting means we told lawmakers where our members stand on the issue and that we will report the vote to our members, their constituents.
SB 38, the Small Business Owners/S-Corp Fairness Act, would let owners who aren’t lawyers represent the business in civil actions where the amount in question is $25,000 or less.
“Small businesses are especially vulnerable when it comes to litigation, “Thompson said. “The cost of hiring a lawyer and defending itself against even the most frivolous claim can be enough to break a small business financially, even if the case is eventually thrown out of court. Letting small business owners defend themselves in certain cases would greatly reduce the cost of litigation.”