Skip to content

2024 Small Business Victories in Rhode Island

2024 Small Business Victories in Rhode Island

March 18, 2024 Last Edit: July 22, 2024

Legislative wins in Providence

Taxation

NFIB successfully fought legislation seeking to create additional income tax brackets that would have meant tax increases for pass-through entities. NFIB also successfully advocated for reforms that exempt the first $50,000 of tangible property from taxation.

Labor Costs

NFIB prevented legislation instituting a $20/hour minimum wage from advancing and attempts to phase out tipped wages for restaurants.

Unemployment Insurance (UI)

NFIB helped convince state lawmakers to use $100 million in federal aid to help shore up the unemployment insurance fund to reduce tax rates in 2023.

Transportation Climate Initiative

NFIB opposed the Transportation and Climate Initiative which was estimated to raise fuel costs from five to 38 cents per gallon. Lawmakers ended the session without acting.

Get to know NFIB

NFIB is a member-driven organization advocating on behalf of small and independent businesses nationwide.

Receive our newsletter and email notification
Knowledge is power. Let us help you stay informed with breaking legislative news, regulatory updates, business tips, and more.

Related Articles

Clothes on a rack at a Retail store
August 4, 2025
Virginia Sales Tax Holiday Could Be a Boon to Main Street Bu…
The event gave shoppers a chance to support the local businesses that suppo…
Read More
Clothes on a rack at a Retail store
August 4, 2025
NFIB: Alabama Sales Tax Holiday a Boon to Main Street Businesse…
The holiday was a chance for shopports to support the local businesses that…
Read More
Harrisburg - State Capitol Building
August 4, 2025
What You Need to Know About PA’s Small Business Annual Filing
Small businesses must file an annual report to the PA Dept of State
Read More
August 4, 2025
Interview with NFIB President on Beneficial Ownership Informati…
NFIB President Brad Close explains how Beneficial Ownership Information rep…
Read More

© 2001 - 2025 National Federation of Independent Business. All Rights Reserved. Terms and Conditions | Privacy Policy | Accessibility