Skip to content

NFIB: CNBC Survey Shows Virginia’s Efforts Are Working

NFIB: CNBC Survey Shows Virginia’s Efforts Are Working

July 11, 2024

The ranking shows the impact of Virginia's Small Business Recovery Plan

NFIB: CNBC Survey Shows Virginia's Efforts Are Working

NFIB State Director Julia Hammond released the following statement today in response to CNBC’s ranking of Virginia as the No. 1 state for business: “Today’s news confirms that Governor Youngkin and our supporters in the General Assembly understand what it takes to help small businesses and large corporations succeed. “Much of Virginia’s success can be traced to the passage of the Small Business Recovery Plan in 2022. This legislation, which had the full support of NFIB’s small business members, included regulatory reform, financial assistance, and unemployment insurance reforms. Governor Youngkin also signed the Private Family Leave Insurance Act, allowing employers to buy paid family leave insurance. “These measures helped Main Street businesses recover from the economic setbacks caused by the COVID-19 shutdowns, but our small business members believe there’s still room for improvement. “Despite Virginia’s legislative successes, we still need meaningful tax reform to relieve some of the financial pressure on Main Street businesses, allowing them to expand, create jobs, and grow. Tax reform will be one of NFIB’s top priorities when the General Assembly returns to Richmond in January.”
Get to know NFIB

NFIB is a member-driven organization advocating on behalf of small and independent businesses nationwide.

Receive our newsletter and email notification
Knowledge is power. Let us help you stay informed with breaking legislative news, regulatory updates, business tips, and more.

Related Articles

February 6, 2025
Budget Provision Extending the Standard Deduction Would Help VA…
Without legislative action, the standard deduction could revert to 2018 lev…
Read More
February 3, 2025
Vermont Capitol Update
In his budget address and other public comments, Governor Phil Scott called…
Read More
February 3, 2025
NY Capitol Update: 2025 Executive Budget Proposal
The state has estimated budget gaps of $6.5 billion in 2027, $9.8 billion i…
Read More
January 31, 2025
Gov. Stein Announces $30 Million Grant Program For Small Busine…
Impacted businesses lost $18 billion in revenue because of the hurricane.
Read More

© 2001 - 2025 National Federation of Independent Business. All Rights Reserved. Terms and Conditions | Privacy Policy | Accessibility