Small business tax deduction made permanent; CARB meeting scheduled

Small business tax deduction made permanent; CARB meeting scheduled
Max Ordonez chairman of the NFIB California Leadership Council — Official Website
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The National Federation of Independent Business (NFIB) announced a significant victory for small businesses across the United States. The 20% Small Business Tax Deduction has been made permanent following President Trump’s signing of the One Big Beautiful Bill Act on July 4. NFIB President Brad Close expressed gratitude towards President Trump and Congress, stating that this move provides “certainty and a level playing field needed to grow” for American small business owners.

In California, NFIB is actively engaging with state agencies to ensure small business interests are represented. On July 10, NFIB and other business groups will meet with Dr. Steven Cliff, executive officer of the California Air Resources Board (CARB), to discuss regulations like the 2022 Scoping Plan for Achieving Carbon Neutrality and Low Carbon Fuel Standard.

Governor Gavin Newsom recently signed a new state budget after initial confusion regarding its validity. Assembly Speaker Robert Rivas Bee emphasized the urgency of passing reforms included in Assembly Bill 130 and Senate Bill 131 related to the California Environmental Quality Act (CEQA). NFIB supports these reforms as they include elements from Assembly Bill 609 and Senate Bill 607, which address environmental review exemptions for urban housing projects.

NFIB California State Director John Kabateck praised members’ efforts in advocating for these changes, acknowledging their contributions through various forms of outreach.

The California Legislature now shifts focus back to policy bills with an upcoming deadline on July 18 for committees to report bills. NFIB has identified key legislation impacting small businesses and will continue updating its members on developments.

Upcoming events include meetings with CARB officials on July 10, followed by legislative sessions resuming post-summer recess on August 18.

NFIB continues its advocacy work nationwide, aiming to strengthen support systems for small businesses through legislative engagement.



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