Senators: More Groups Should Have Access to Small-Business Fee Exemption
A pair of state senators said they'll propose legislation that would expand small-business fee exemptions to women-, service-disabled veterans-, minority-owned and disadvantaged businesses.
May 10, 2018 at 05:05 PM
1 minute read
Pennsylvania State Capitol. Photo credit: Zack Frank/Shutterstock.com
A pair of state senators said they'll propose legislation that would expand small-business fee exemptions to women-, service-disabled veterans-, minority-owned and disadvantaged businesses. Currently the small-business fee exemption is only allocated to veteran-owned and reservist-owned small businesses, according to the senators.
“Microenterprises,” which Sens. Vincent Hughes, D-Philadelphia, and John Blake, D-Lackawanna, define in their memo as a business with five employees or less, would qualify for a 100 percent exemption, according to their memo.
Other small businesses that have more than five employees would receive a 50 percent exemption, the senators said.
— Victoria Hudgins, of the Law Weekly •
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