NFIB State Director Bill Herrle released the following statement today in response to Senate passage of Senate Bill 50, legislation that addresses the state unemployment trust fund and a tax on business rentals:

“Small businesses just got a big show of support from the Florida Legislature. Under SB 50, their unemployment insurance tax rates will return to pre-COVID-19 levels. Lawmakers also put a target on the rent tax with the goal of slashing it to 2% once the Unemployment Insurance Trust Fund is sound.”

SB 50 passed the Florida House this morning 93-24 and passed this afternoon Senate 27-12 and is heading to Gov. Ron DeSantis for his signature.