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Protect Texas Small Businesses

Protect Texas Small Businesses

Cut the Inventory Tax

Small Business Victory: Voters Overwhelmingly Approve Prop 9 to Let Texas Main Streets Thrive

Texas voters can provide meaningful tax relief by voting ‘YES’ on Proposition 9.

You did it, Texas! Voters came out and supported Prop 9, providing historic tax cuts that will result in an annual combined tax savings of over $500 million for small business owners across the Lone Star State. This meaningful tax relief will allow Main Street job creators to increase employee wages and benefits, support their local communities, and invest in future growth, all while making Texas more competitive with neighboring states.

This small business victory is thanks in large part to our nearly 20,000 members, many of whom took action and made their voices heard in Austin. When our members speak, lawmakers listen. I also want to thank Governor Greg Abbott, Lieutenant Gov. Dan Patrick, and Speaker Dustin Burrows for their efforts on behalf of small business owners. Of course, thanks to the Texas Legislature, specifically Chairman Paul Bettencourt and Chairman Morgan Meyer for authoring this important tax relief bill in their respective chambers.

Thank you to the voters, who overwhelmingly stood up for small business owners and their employees. Because when we help Main Street thrive, we all thrive.

What Happens Now?

  • Prop 9 does not affect the property taxes already assessed and paid for in 2025.
  • Beginning January 1, 2026, which is when the market value of Business Personal Property Tax is determined, the new exemption will be effective.
  • When 2026 tax bills are sent to businesses in October, with payment due by January 31, 2027, the $125,000 exemption will apply.

What is Prop 9?

Why is Prop 9 so important?

For more election information, Click Here.

NOW is the time to cut the inventory tax!
Vote ‘YES’ on Prop 9 for Inventory Tax Relief.

Pol. Adv. paid for by the National Federation of Independent Business

We are a family-owned business that has been in business for 32 years. Our business continues to grow, but we are not quite there without being able to hire a fifth employee. Raising the inventory tax exemption would give me back enough money to hire another employee which would change the dynamics of my business.

Freer

I run a small distribution company in Hays County. My business works on very small margins. We typically have around $350,000 in inventory on hand. With an inventory tax cut, I would move from part time help to a fulltime employee, which would be a game changer for my business. After COVID and the economic decline, I have not been able to afford full time help. If I had such help, I could dedicate my time to growing the business instead of just surviving.

Buda

NFIB In The Media

Op-Ed: Prop 9 Would Deliver Tax Relief to Small Businesses
The Dallas Morning News
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LETTER: Stand up for Main Street Texans by Voting ‘YES’ on Prop 9
Wichita Falls Times Record News
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NFIB on This Week in Texas: Vote ‘YES’ on Prop 9 to Help Main Street Thrive
ABC 13
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NFIB Releases New Ads in Texas Urging Voters to Support Prop 9 on the November Ballot
NFIB
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LISTEN: On The “Small Business Rundown” Podcast, NFIB Texas Urges Voters To Stand Up For Main Street and Support Prop 9
NFIB
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San Antonio Express-News Editorial Board: ‘State Propositions Seeking To Reduce Texas’ Taxes on Inventory Make Sense’
San Antonio Express-News
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LISTEN: On WFAA’s Y’all-itics, NFIB Texas Urges Voters to Vote ‘YES’ on Prop 9
WFAA's Y'all-itics
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LISTEN: NFIB’s Jeff Burdett Appears on KRLD’s Ask the Expert in North Texas
Dallas-Fort Worth News Radio – KRLD-AM
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Texas Small Businesses Deserve a Break From Peculiar Property Tax
The Dallas Morning News
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Small Businesses Urge Senate to Ease the Burden of Personal Property Tax
Texas Border Business
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Texas Senate Passes Bill That Would Cut Taxes for Business Owners
Community Impact
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