The National Federation of Independent Business (NFIB) released its “Small Business Legislative Priorities for 2026,” outlining key policies it wants Congress to act on to help small businesses thrive. The agenda builds on regulatory and tax wins from 2025, including the permanent extension of the 20% Small Business Deduction and exemptions from a $77 billion beneficial ownership information (BOI) reporting requirement.
NFIB is urging Congress to make the Beneficial Ownership Information (BOI) exemption permanent for American-owned small businesses. The regulation affects more than 32 million companies and is considered one of the costliest in modern history. NFIB argues the rule is burdensome, intrusive, and carries potential criminal penalties for simple paperwork errors
The organization also seeks legislation to promote competition in credit card swipe fees. NFIB points to Visa and Mastercard’s control of interchange rates, which it says removes market forces and inflates costs for small businesses. The group recommends passage of the Credit Card Competition Act and federal antitrust review of these practices.
Tax policy is also a central focus. NFIB urges Congress to expand the Small Business Deduction beyond the current 20% and lower tax rates for small C-corporations. These measures aim to reduce costs for millions of small businesses and increase affordability for consumers.
Health care costs are another priority. NFIB calls for more flexible options, including pre-tax employee contributions through health reimbursement accounts. The group also supports expanding access to Association Health Plans and Short-Term, Limited-Duration insurance while eliminating mandates such as Essential Health Benefits that drive up costs.
Labor and energy policies are also on NFIB’s agenda. The organization opposes legislation it views as anti-small business, including the Warehouse Workers Protection Act and the Protecting the Right to Organize Act. It also supports reforms to lower electricity and fuel costs, noting that 92% of members reported rising energy expenses over the past three years.
Other priorities include the “Right to Repair,” allowing small shops to service cars, tractors, and smartphones without interference from large manufacturers. NFIB also calls for meaningful regulatory reform, urging Congress to require less burdensome rules for small businesses. Finally, it advocates limiting foreign investors’ ability to fund lawsuits against U.S. small businesses, a practice NFIB says drives up insurance costs.
Adam Temple, NFIB Senior Vice President for Advocacy, said Congress can further strengthen the small business economy by passing these measures. He added that such actions would reduce costs, encourage investment, and ultimately make life more affordable for consumers.
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