NFIB Statement on Final Passage of Tax Bill

Date: April 08, 2021

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.

Related Content: Small Business News | Florida

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