NFIB Virginia Small Business Victories

Date: May 18, 2018

Related Content: Victories State Virginia

Here are some of our victories in the 2018 General Assembly:

STOPPED OVER $770M IN NEW TAXES

Over $770 million in tax increases were proposed this past Session. The proposals ranged from reinstating the “death tax”, taxing new streaming services such as Netflix, Hulu, Pandora and Spotify, and creating a new statewide 2% hotel tax. These proposals died.

DEFEATED MINIMUM WAGE INCREASE

NFIB led the fight to defeat a minimum wage increase in Virginia. We stopped 7 bills (an increase from last year) including one proposal to raise the minimum wage as high as $15.00 an hour.

BLOCKED MANDATORY PAID LEAVE

NFIB continued to stop as many as 4 (an increase from last year) different proposals that would require employers to provide some type of paid time off for sick or maternity leave. One specific proposal would have created a new “paid leave insurance program” modeled on the unemployment insurance fund. Initial projections showed over $600M in employer and employee taxes being generated.

PASSED REGULATORY REFORM

NFIB continued to work for meaningful regulatory reform. With bi-partisan support, Governor Northam signed legislation to establish a regulatory reform pilot program with the goal of reducing or streamlining regulatory requirements by 25 percent over the next three years. The program will focus on the Department of Professional and Occupational Regulation (DPOR) and the Department of Criminal Justice Services (DCJS).

Related Content: Victories | State | Virginia

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