Golden State Today

The National Federation of Independent Business (NFIB) in California has announced a conference call on February 25, focusing on resources available to small business owners, particularly those affected by recent wildfires. Tim Taylor, NFIB California's Policy Director, will also provide updates on legislation and state issues impacting small businesses.

A coalition of business groups, including the NFIB, recently sent a letter to the Senate and Assembly budget committee chairs urging action on California's Unemployment Insurance Trust Fund. The letter highlighted the financial burden on employers due to increased FUTA taxes caused by the fund's insolvency. "As it stands now, California’s UI Fund debt is at historic levels—with total debt over $20 billion," stated the letter.

Another letter was sent supporting Senate Bill 72, which aims to modernize the California Water Plan statute by setting long-term water supply targets. NFIB is monitoring new legislative measures related to wage theft that could impact small businesses.

Rumors are circulating about a potential sales tax on services in California. NFIB members have historically opposed such a tax due to its complexity and potential negative effects on businesses.

Special elections are underway for vacancies in Assembly District 32 and Senate District 36 in California. The primary election is scheduled for February 25, with voting already started.

Recent research from the Public Policy Institute of California (PPIC) reveals insights into the state's workforce and business landscape. PPIC reports that employment growth is faster in jobs where remote work is common and highlights that self-employment rates in California are higher than the national average.

On a national level, NFIB hosted its first Small Business Deduction Summit of 2025 in Washington D.C., advocating for making the 20% Small Business Deduction permanent. Vice President Jeff Brabant also discussed concerns about Beneficial Ownership reporting requirements affecting small business owners under the Corporate Transparency Act.

###