Local chamber leaders share concerns with 24-week paid leave mandate

Despite an $18 billion surplus, the Legislature wants to raise your business's taxes

Local chamber leaders urge legislators to vote NO on a $1 billion tax increase to fund a 24-week paid leave program

The Legislature is quickly moving paid leave mandate proposals and business tax increases through the process. 
 
A proposal that would impact every employer is a 24-week paid leave proposal that would raise taxes on employers by $1 billion. The proposal, HF2 / SF2, passed another committee stop last week and could be voted on in the House or Senate soon. To fund the new paid leave mandate, the state would impose a 0.7% payroll tax on every employer in Minnesota, regardless of size or number of employees. Additionally, hiring replacement workers would be extraordinarily challenging given the state’s current tight labor market and workforce shortage. Click here for more facts about the bill. 

Employers and business leaders have taken notice. Last week, over 60 local chamber executives from every corner of the state headed to the Capitol to share with their legislators how these mandates would hurt the Main Street businesses in their communities. 

Calculate the approximate tax increase for your business if this mandate and tax increase passes.

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