GLI’s Business Competitiveness Committee focuses on a wide range of different issues, including employment and labor law, tax reform, workers’ compensation, unemployment insurance, pension reform, and economic development, just to name a few. The Committee lays the groundwork for one of GLI’s most important advocacy goals: making Greater Louisville as attractive as possible to current and future employers. This is key to job growth, increasing wages, and improving the quality of life for all Greater Louisville residents.
In an increasingly global economy, companies can make their “home” anywhere. To ensure Kentucky is a top choice for business, our regulations and policies should be fair and competitive and support—not impede—economic development. GLI’s business competitiveness positions support legislative initiatives that foster innovation, entrepreneurship and commercialization, allowing Kentucky to recruit, retain and expand business investment and jobs, particularly in its priority sectors of economic development strength – Advanced Manufacturing, Lifelong Wellness & Aging Care, Logistics & Distribution; and Food & Beverage Innovation.
Some of GLI’s key business competitiveness wins from 2017 and 2018 include workers’ compensation reform, reduced corporate and individual income tax rates, right-to-work legislation, repeal of the prevailing wage, and support for Small Business Development Centers. Read more about legislative wins in 2017 and 2018.
The Business Competitiveness Committee meets twice per year—once in the Fall and once in the Spring—and also receives specialized email and calls-to-action on issues related to the Committee’s interests. To learn more about joining the Committee, send us a quick email. All GLI investors are eligible to serve on one or more of GLI’s six Issue Advisory Committees.
2018 Business Competitiveness Priorities
- Increase Funds for Economic Development
- Incentives for Small Business Growth
- Definitions & Guidelines for Independent Contractors
- Align Wage & Hour Laws with FLSA
- Workers’ Compensation Reform
- Unemployment Insurance Reform
- A Simple & Competitive Tax Code
- Angel Investment Tax Credit
- Tuition Tax Credit
- Local Revenue Options
- Expand Gaming
- Adequate Funding for Transportation Infrastructure
To read more about GLI’s 2018 Federal priorities, click here.
- Compensatory Practices
- Increase Access to Capital & Technical Assistance and Capacity Building for Small Businesses
- Investments for High Unemployment Areas
- Fair Labor Proposals
- Continue Improving the Federal Tax Code
- International Trade
- E-Commerce Sales Tax
- Net Neutrality
- Arts Funding