Stopped the Estate Tax
NFIB/Virginia continues to block efforts to reinstate the 16.5% estate tax, also known as the death tax, saving family farms and businesses millions of dollars.
Defeated Minimum Wage Increase
NFIB led the fight to defeat the minimum wage increase in Virginia. We stopped 5 bills including one proposal to raise the minimum wage as high as $15.00 an hour.
Blocked Mandatory Paid Sick Leave
NFIB continued to stop as many as 3 different proposals that would require employers to provide some type of paid time off for sick or maternity leave.
Passed Worker’s Comp Reform
NFIB successfully passed legislation to implement cost saving reforms to rein in the recent rise in escalating medical costs for workers’ compensation procedures in Virginia.
Passed Regulatory Reform
NFIB successfully passed legislation to increase transparency, public comment and analysis of the economic impact of regulations on businesses. Two bills require Virginia to revise and reissue economic impact analysis at the final stage of approval if public comment indicates significant errors in the previous analysis. Another bill requires a yearly review of state agencies exempted from Virginia’s regulatory process to ensure the exemption is justified. Typically, an exempted agency establishes their own regulatory review process which might not be transparent or consistent to small businesses.
BPOL/Gross Receipts Tax Relief
BPOL tax is an onerous tax on the gross receipts of a business regardless of whether that business has made a profit for the year. While NFIB/VA has been successful in securing legislation that provides options for localities to adopt that would provide some tax relief, many have chosen not to take advantage of those options. NFIB/VA continues to fight for the full elimination of the Business, Professional, and Occupational License Tax (BPOL).
Stopping the Expansion of Medicaid in VA
NFIB/VA continues to be the leading business organization opposing the expansion of Medicaid in Virginia as set out in the federal healthcare law. So far the General Assembly has steadfastly rejected expansion under intense pressure from Governor McAuliffe and his big government allies. Governor McAuliffe is now trying to expand Medicaid through Executive Order, small business owners realize that there is no such thing as free money from the federal government and any burden that comes as a result of Medicaid expansion will come from their bottom line. NFIB/VA will continue to fight any expansion of Medicaid until substantial and long lasting cost saving reforms are enacted.
New Taxes on Small Business
NFIB will continue to oppose new taxes on Small Business, including sales tax on labor and services.