NFIB Reacts to Gov. Hogan's Veto of $1.4 Billion Payroll Tax

Date: April 08, 2022

FOR IMMEDIATE RELEASE

CONTACT: Mike O’Halloran, NFIB State Director in Maryland, 301-335-1063 / mikea.ohalloran@nfib.org

ANNAPOLIS (April 8, 2022) – Governor Larry Hogan late today vetoed a mandated paid leave insurance program that would have been funded by a massive payroll tax on businesses and employees. The National Federation of Independent Business (NFIB) in Maryland, which represents thousands of small businesses in the state, reacted to the Governor’s action. The following comments are from NFIB’s Maryland State Director, Mike O’Halloran:

“Maryland’s small business community can breathe a sigh of relief for the time being. Our state’s job creators are fortunate to have a governor who understands the challenges faced by Main Street. There is no room for a new $1.4 billion payroll tax at a time of record inflation and rising costs everywhere you turn. Our sincere hope is the General Assembly allows the veto to stand. Marylanders can’t afford to stretch their paychecks any further.”

Gov. Hogan’s veto message: SB-275-Paid-Family-Leave-Veto.pdf (maryland.gov)

About NFIB

For more than 75 years, NFIB has been the voice of small business, advocating on behalf of America’s small and independent business owners, both in Washington, D.C., and in all 50 state capitals. NFIB is nonprofit, nonpartisan, and member driven. Since our founding in 1943, NFIB has been exclusively dedicated to small and independent businesses and remains so today. For more information, please visit www.NFIB.com

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Related Content: Small Business News | Maryland

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