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January 18, 2023
The 88th Legislature has gaveled into session, and small business owners in Texas are calling for property tax relief, regulatory consistency, and greater economic opportunity.
Small Business Priorities for the 88th Legislature
- Texas has one of the highest property tax burdens in the country – outranking California. Compliance is expensive and complicated, as the onus is on the business owner to determine just how much their property is worth and how much they owe.
- With nearly $33 billion in the state’s general revenue fund, NFIB is asking legislators to provide needed tax relief to small businesses.
- Amid rate increases from the Fed, skyrocketing prices, and supply chain disruptions, economic uncertainty is a given.
- NFIB is asking legislators to limit the scope of regulations on small businesses to state and federal law.
- With an unemployment rate higher than the national average, far too many small businesses are unable to find qualified workers. Worse, out-of-state labor groups are pushing for California-style policies that would increase the cost of doing business in the Lone Star State.
- From lowering the cost of health insurance, providing greater liability protections, or promoting more pathways to the workforce, NFIB is asking legislators to keep small businesses in mind when considering reforms.
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NFIB is a member-driven organization advocating on behalf of small and independent businesses nationwide.
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