NFIB State Director Tom Underwood today praised the General Assembly for passing House Bill 518, legislation that will improve efficiency and reduce costs for small businesses.

The measure passed the Senate on Wednesday by a vote of 38-0. It passed the House last month 91-3.

“Small business owners appreciate the strong, bipartisan support for this commonsense reform,” Underwood said. “We thank lawmakers in both chambers, along with Rep. Patrick Flannery, for their leadership in getting this bill across the finish line.”

House Bill 518 requires local governments to accept electronic tax filings and payments for payroll and business license taxes, giving small businesses a more efficient way to meet their local tax obligations.

“Right now, every city and county does things a little differently, and that creates a real burden for small businesses,” Underwood said. “This legislation will reduce costs, cut paperwork, and save owners time so they can focus on running and growing their businesses.

“Kentucky needs a simpler, more streamlined approach that reflects how business is done today,” Underwood said. “House Bill 518 is an big step forward for small businesses.”