2024 Small Business Victories in Connecticut

Date: March 20, 2024

Legislative wins in Hartford

Unemployment Insurance  

NFIB’s efforts successfully included the use of federal money to replenish Connecticut’s depleted Unemployment Insurance Trust Fund. 

Eliminated the Business Entity Tax  

NFIB led a successful fight to end the Business Entity Tax. 

Tax Reform  

Any business’ personal property that is 10 years old and had an original value of less than $250 is exempt from the property tax. 

Transportation Climate Initiative (TCI)  

NFIB successfully fought to stop TCI legislation that would have increased the fuel tax by up to 38 cents per gallon. 

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