NFIB Connecticut Small Business Victories: January 2018

Date: January 23, 2018

Related Content: Victories State Connecticut

VICTORIES

Reduced Electricity Costs for Small Businesses

NFIB fought to repeal Connecticut’s harmful production tax on electricity generators, which will save small businesses each month on their electric bill.  

 

Eased the Regulatory Burden on Small Business

NFIB won passage of legislation requiring state agencies to specifically consider and minimize the impact of regulations on small businesses and supported the removal of nearly 1,000 pages of outdated and redundant regulations from state law.  

 

Reduced the Business Entity Tax

NFIB led a successful fight to cut the $250 Business Entity Tax in half by making it payable every other year instead of every year.  

 

Battled Against Rising Workers’ Compensation Costs

NFIB supported legislation that establishes a medical fee schedule for hospitals and surgical centers treating work-related injuries to help prevent rising workers’ compensation costs. 

 

 

Challenges

Business Entity Tax & Comprehensive Tax Reform

Eliminate the Business Entity Tax entirely; Support giving small business owners a tax break on the first $10,000 of their business personal property taxes; and fight against proposals to increase the income, sales or corporate taxes in order to balance the growing state budget. 

 

Higher Labor Costs

Push back efforts to impose an unaffordable and uncompetitive minimum wage in Connecticut.

 

Mandated Paid Leave

Defend against mandating paid leave for all small employers.

 

Prevailing Wage Mandates

Fight against legislation to extend the costly prevailing wage mandate to private construction projects and support legislation to increase the thresholds that trigger prevailing wage jobs to save taxpayers money and give small contractors more work opportunities.

 

Related Content: Victories | State | Connecticut

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