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| Abbreviation | NFIB |
|---|---|
| Formation | 1943; 82 years ago (1943) |
| Type | 501(c)(6)[1] |
| Headquarters | Nashville |
Region | United States |
President | Brad Close |
| Revenue | $113 millionUSD (2023) |
| Expenses | $124 millionUSD (2023) |
| Website | nfib |
| [2][3] | |
| Formation | August 1, 1978; 47 years ago (1978-08-01) |
|---|---|
| Type | Membership Organizationpolitical action committee |
| Registration no. | C00101105 |
| Headquarters | Washington, DC |
| Revenue | $998,969.12USD (January 2023 to December 2024) |
| Expenses | $971,136.95USD (January 2023 to December 2024) |
| [4][5] | |
TheNational Federation of Independent Business (NFIB) is an association of small businesses in the United States. It is headquartered inNashville, Tennessee, with offices inWashington, D.C., and all 50state capitals. The stated goal of NFIB is to advance the interests of small businesses.[6]
Since 1990, it has donated $725,551 to Democratic candidates and party committees versus $11,972,074 to Republican candidates or party committees.[7] It was a key opponent of PresidentBill Clinton'sattempt to reform American health care in 1993,[8] as well as a lead plaintiff to have the Affordable Care Act deemed unconstitutional.[9] The NFIB has lobbied against "click to cancel" rules (which would require companies to make cancellations as easy as the process to subscribe in the first place),[10] as well asbeneficial ownership rules (which would require companies to disclose their true owners).[11]
The Federation states it provides advocacy counsel on matters including legislation, taxes and guidance to small business owners on management, operating and marketing. It also provides information on legal issues and health care. It also hosts a podcast on some concerns facing small business.[12]
On its website, the National Federation of Independent Business states that it is a "nonprofit, nonpartisan organization founded in 1943".[2] In 2010, 25 of its members, all Republican, were elected to the 112th Congress.[13]
In 2010, the NFIB became the lead plaintiff opposing thePatient Protection and Affordable Care Act health care reform legislation. The organization joined 26 states in the lawsuit challenging the constitutionality of the act. The case reached the Supreme Court, which issued its ruling onNational Federation of Independent Business v. Sebelius on June 28, 2012, upholding most provisions of the act.Karl Rove's conservativeCrossroads GPS PAC gave NFIB $3.7 million to help fund the court fight.[9]
The NFIB supported theAmerica's Small Business Tax Relief Act of 2014 (H.R. 4457; 113th Congress), a bill that would amend section 179 of theInternal Revenue Code, which mostly affects small- to medium-sized businesses, to retroactively and permanently extend from January 1, 2014, increased limitations on the amount of investment that can be immediately deducted fromtaxable income.[14] The bill would return the tax code to its 2013 status and make the change permanent.[15] Dan Danner, the president and CEO at that time, argued that Congress could help small business by passing the bill as it would enable small businesses to "plan for the future, invest in the economy and hire new workers."[16]
In 2017, NFIB endorsed the confirmation ofSCOTUS nomineeNeil Gorsuch.[17]
In 2021, it successfullysuedOSHA to oppose aCOVID-19 vaccine mandate for businesses before the Supreme Court, resulting in OSHA withdrawing the mandate.[18][19]
In fiscal year 2022, NFIB had total revenue of $105,848,770.[3]
In October 2023, the federation reported a slight decline in small business optimism sentiment due to inflation and staffing concerns.[20]
In October 2024, the NFIB, along with the Michigan Press Association, sued to block the USFederal Trade Commission (FTC) from implementing its so-called "click to cancel" rule, a set of revisions to the FTC'sNegative Option Rule that would require businesses to make the cancellation process for subscriptions, renewals, and free trials that convert to paid memberships as easy as the signup process, as well as to obtain proof of consent before billing customers for such services.[10][21][22]
The NFIB sued to stop the federal government from enforcing theCorporate Transparency Act'sBeneficial ownership rules.[11][23] The rule would have required foreign and domestic companies to disclose their true owners.[11]
The NFIB filed anamicus brief inRyan, LLC. v. Federal Trade Commission "supporting a challenge to the FTC’s final rule banning noncompete agreements".[24]
The NFIB filed a Legal Challenge To Overturn2024 Missouri Proposition A.[25]
NFIB has given out the Guardian of Small Business Award for legislators who vote consistently with small business on the key issues identified by small business owners.[26][27]
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