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October 17, 2023
WATCH: Michigan Small Business Day 2023
NFIB Michigan Virtual Small Business Day 2023 from NFIB Video on Vimeo.
State Director Amanda Fisher gave a brief update on how legislation is shaking out in Lansing.
You can find NFIB’s 2023 Legislative Agenda here. A few examples of legislation that NFIB in Michigan is working to stop this session include: the Family Leave Optimal Coverage (Paid Family Leave), which would require ALL employers to provide paid extended leave for employees – up to 15 weeks – for reasons of illness, domestic violence, military service, caregiving, etc. NFIB is also watching the Repeal of the Local Government Labor Regulatory Limitation Act (Local Preemption), which would repeal the local government labor regulatory limitation act, the Elimination of Non-Renewable Fuels, which would make Michigan “Carbon Neutral” by 2035 by using all renewable energy, increases to Unemployment Insurance (UI) Weekly Rate and Duration of Benefits, and “Polluter Pays” Legislation, which could site small business owners and force them to pay for contamination that is decades old and may not have even been illegal at the time. On the Federal Level, the NFIB team is advocating for the passage of The Maiin Street Certainty Act. The 20% Small Business Deduction is a crucial tax provision, but its 2025 expiration means an impending tax hike that will further challenge small businesses’ ability to operate and create jobs. The Small Business Deduction (§199A) allows pass-through businesses (S-Corporations, LLCs, sole proprietorships, or partnerships) to deduct up to 20% of their taxable income. The Main Street Tax Certainty Act is urgently needed for small businesses to invest further in their employees, expand their businesses, and create jobs.
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