National Federation of Independent Businesses

(redirected from NFIB)
Also found in: Financial, Acronyms.

National Federation of Independent Businesses

The National Federation of Independent Businesses (NFIB) is the largest U.S. advocacy organization representing small and independent businesses. The NFIB has a membership of 600,000 business owners, including commercial enterprises, manufacturers, family farmers, neighborhood retailers, and service companies. The total membership employs more than 7 million people and reports annual gross sales of approximately $747 billion.

Founded in 1943, the NFIB was created to give small and independent business a voice in government decision making. The NFIB is recognized as one the most influential Lobbying organizations in the United States, working with state and federal legislators and regulators. Its administrative headquarters are located in Nashville, Tennessee, but its public policy headquarters are in Washington, D.C. The NFIB also has state legislative offices in all 50 state capitals.

The governance of the NFIB differs from that of more traditional lobbying organizations. The NFIB uses the balloting of its membership, rather than a steering committee or a board of directors, to determine NFIB policies. In addition, it seeks to prevent Undue Influence by one member or group of members by setting a maximum contribution of dues. Minimum dues are $100, and the maximum dues contribution is $1,000. The NFIB follows these procedures so that the policies it advances will reflect the consensus of the business community rather than the narrow interests of any particular trade group. Once the ballots are counted—five times a year on federal issues and at least once a year on state issues—NFIB lobbyists carry the message to Congress and the state legislatures.

The NFIB opposes higher taxes on business and government regulation. At the state level, it works to lower the rates businesses are required to pay for workers' compensation insurance. At the federal level, it has campaigned for cutting the federal deficit, stopped an effort to raise employment taxes, and fought to increase the deductibility of Health Insurance premiums for the self-employed.

The NFIB has been a critic of the environ-mental protection agency, the Occupational Safety and Health Administration, and the Internal Revenue Service, believing that these federal agencies stifle the productivity and profitability of business through over-regulation. It emphasizes the need for a free-market economy, noting that small business produces 38 percent of the gross domestic product.

In the late 1990s, the NFIB broadened its scope and began to support pro-small business candidates for state and national office. In 2000, the organization established the NFIB Legal Foundation, which advocates for small business in the courts and strives to educate its members on legal issues. In addition, the NFIB Political Action Committee "NFIB SAFE Trust PAC" uses member contributions to support candidates who are pro-small business. Issues concerning NFIB in 2003 included tax relief, including permanent repeal of the inheritance tax, affordable health care, Medical Malpractice law reform, caps on civil suit damages, and affordable high-speed access to the Internet.

Further readings

National Federation of Independent Businesses. Available online at <www.nfib.org> (accessed July 28, 2003).

Cross-references

Business Affected with a Public Interest.

References in periodicals archive ?
NFIB's Small Business Optimism Index has skyrocketed since November, which NFIB says is directly related to the promise of policy changes from Washington.
The NFIB analysts found that, in many cases, the leave rules and insurance benefits at micro employers are similar to those at employers with 10 to 19 employees, and at employers with 20 to 249 employees.
In reaching their decisions in NFIB, both groups of Justices claimed to be applying the test set out in the Court's 1987 decision in Dole.
The most important indirect effect of NFIB is that it enables constitutional contestation (13) over the content of the gestalt and the meaning of the New Deal Settlement.
The NFIB said: "Frageand Naseem gave a lecture to serving police officers.
A nonprofit, nonpartisan organization founded in 1943, NFIB represents the consensus views of its members in Washington and all 50 state capitals.
The Supreme Court should review PPACA quickly, NFIB says.
Researchers in Jacks' lab collaborated with scientists in Matthew Meyerson's lab at the Dana-Farber Cancer Institute and the Broad Institute to analyze human cancer cells, and found that NFIB is also amplified in human small cell lung tumors.
The NFIB subtracts the number of firms that reported a decrease from the number that reported a increase and divides the difference by the total number of firms in the sample that respond to the survey.
OF INSURANCE 9 7 OTHER 5 7 SOURCE: NFIB SMALL BUSINESS ECONOMIC TRENDS Note: Table made from pie chart.
It also found some optimism among manufacturers, in apparent contrast to the recent NFIB report.