Small Business Priorities for the 88th Legislature

Date: January 18, 2023

The 88th Legislature has gaveled into session, and small business owners in Texas are calling for property tax relief, regulatory consistency, and greater economic opportunity.

The 88th Legislature has gaveled into session, and small business owners in Texas are calling for property tax relief, regulatory consistency, and greater economic opportunity.

Among other reforms, Texas small businesses are calling on the 88th Legislature to:

Cut the inventory tax.

  • Texas has one of the highest property tax burdens in the country – outranking California. Compliance is expensive and complicated, as the onus is on the business owner to determine just how much their property is worth and how much they owe.
  • With nearly $33 billion in the state’s general revenue fund, NFIB is asking legislators to provide needed tax relief to small businesses.

To learn more, visit NFIB.com/TexasTaxCut. CLICK HERE to make your voice heard.

Create regulatory consistency.

  • Amid rate increases from the Fed, skyrocketing prices, and supply chain disruptions, economic uncertainty is a given.
  • NFIB is asking legislators to limit the scope of regulations on small businesses to state and federal law.

Bolster the skilled workforce and lower costs for employers.

  • With an unemployment rate higher than the national average, far too many small businesses are unable to find qualified workers. Worse, out-of-state labor groups are pushing for California-style policies that would increase the cost of doing business in the Lone Star State.
  • From lowering the cost of health insurance, providing greater liability protections, or promoting more pathways to the workforce, NFIB is asking legislators to keep small businesses in mind when considering reforms.

Help legislators understand these priorities by joining us at the Capitol for NFIB’s annual Small Business Day. CLICK HERE to learn more.

Related Content: Small Business News | Texas

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