Indiana’s 2024 Small Business Growth Agenda

December 18, 2023

NFIB's legislative prioirities for 2024.

Indiana's 2024 Small Business Growth Agenda

The 2024 legislative session is right around the corner. On January 8th, lawmakers will gather in Indianapolis to consider new legislation. NFIB here in Indiana has put together a small business growth agenda and is sharing small business issues and priorities with lawmakers so they understand the problems you are facing as a small business owner. Earlier this month, the Leadership Council got together for a presentation from Beth Milito, Executive Director of the Small Business Legal Center. Beth shared the Beneficial Ownership Information Reporting fact sheet, a rule that takes effect January 1, 2024! You can read all about it here: FinCen-One-pager-11-10-23-update-6580a6a666edd

You can find the latest updates from the Legal Center here: Legal Center Updates 12 06 2023 (2)

You can read about all of the cases NFIB is involved in and where they are here: The-Docket-November-V2-1-6580a7200a268

During the meeting, NFIB State Director Natalie Robinson led a productive discussion about taxes and the state ballot questions. We will be sure to readdress the sales tax on services issue via a special ballot if needed depending on the legislative proposals that will be heard this coming session. If you were unable to join us, the slides and information from the meeting are attached for your reference. IMPORTANT DATES –SBD: January 31^st –Gubernatorial forum: Tentatively set for March 26^th –DC Fly-In: June 10^th-12^th REMINDER If you haven’t filled out your state ballot, please make sure to do so as soon as possible. This is a great way for us to gauge the issues important to you as a small business owner.

SMALL BUSINESS GROWTH AGENDA: Taxes: Oppose the expansion of sales tax on services. Support limiting property tax increases. Support increasing business personal property tax exemptions. Economy: Support public transparency for economic development projects and policies that involve small businesses in economic growth strategies. Labor: Oppose minimum wage increases, mandatory paid leave, and new private rights of action. Support banning union-only project labor agreements (PLAs). Civil Justice: Support legislation that curbs lawsuit abuse against small businesses while improving Indiana’s legal climate. Workforce: Support strengthening college and career prep for Indiana students, expanding job training programs, and increasing access to affordable housing. Regulations: Defend against government overreach. Support regulatory sandbox for entrepreneurs and reducing regulatory barriers for small businesses. Healthcare: Support increasing transparency for health care mergers, increasing competition in the health care space, and addressing practices that drive higher costs. Enviro. Support addressing barriers faced by property owners while maintaining their land, building on it, or selling it. Energy Support reliable, sustainable, and affordable energy policies.

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Indiana

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