Minimum Wage Increase to Take Effect May 1 
April 08, 2021

Minimum Wage Increase to Take Effect May 1 

  The minimum wage increase as passed by the General Assembly during the 2020 session is set to take effect on May 1, 2021. This legislation was originally supposed to take effect on January 1, 2021 but was amended as a result of the COVID-19 pandemic. The legislation increases the minimum wage in stages. Effective May 1, the hourly minimum wage in Virginia will increase to $9.50. It will increase again on January 1, 2022 to $11 an hour, and will increase to $12 an hour on January 1, 2023.Additional increases as defined by the legislation will be contingent on future actions by the General Assembly. View additional details from Jackson Lewis here.  View the bill information here.     
Paycheck Protection Program Extension Act of 2021
April 02, 2021

Paycheck Protection Program Extension Act of 2021

On Tuesday, President Biden signed into law the Paycheck Protection Program Extension Act of 2021, extending the program until May 31.     Why is this important?   The Paycheck Protection Program was set to expire on March 31, this bill continues the program for two additional months through May 31. In addition, the bill extends the authorization period for the PPP loans until the end of June, providing the Small Business Administration additional time to process the applications.    How can you learn more?   Learn more about the extension here.  Visit the SBA's Small Business PPP page here.       
Governor Northam Signs Tax Conformity
March 16, 2021

Governor Northam Signs Tax Conformity

Governor Northam has signed the Tax Conformity legislation into law. Due to the emergency clause, the legislation goes into effect immediately and is retroactive. This means that it will not be necessary to file an extension on your taxes to accommodate the typical July legislation start date in order to benefit from this legislation. Most importantly, the legislation conforms to the federal tax exemption for Paycheck Protection Program (PPP) loan forgiveness and certain funding received under the Economic Injury Disaster Loan (EIDL) program. The bill permits a deduction for Taxable Year 2020 of up to $100,000 for business expenses funded by forgiven PPP loan proceeds.  View the full details from the Virginia Department of Taxation here. 
General Assembly 2021 Wrap-Up
March 02, 2021

General Assembly 2021 Wrap-Up

The 2021 General Assembly Session adjourned Sine Die on Monday, March 1, 2021. This year was one for the history books with regard to how the Session took place due to COVID-19 restrictions and social distancing measures. Overall, Retail had a successful year and many of the bills that would have had a negative impact on our industry were defeated. We want to thank all of our members for their strong participation in the action alerts we sent out this year. Your voices were heard and had a great impact on the outcome of certain legislation. Below is list of bills and their status, broken down by category.     Tax Conformity – Passed The House and the Senate each had their own version of Tax Conformity bills this year. The main issue at hand was the cap amount for deductions of business expenses for the Paycheck Protection Program (PPP) Loans. Both bills, as passed the body of origin, allowed for a business that received a PPP loan to exclude the forgiven loan amount from their income, however each instilled a cap for maximum deduction to cover one’s business expenses related to their PPP Loans. The Senate version created a…

Presented by National Retail Federation

February 23   I  2pm   


The National Retail Federation is hosting a webinar on the Protecting the Right to Organize (PRO) Act that is expected to be introduced in the coming weeks in Congress. This is a great opportunity to educate yourself on the devastating impacts the PRO Act could have on the retail industry.

The NRF describes this bill as “the worst bill in Congress.” This is because of the broad provisions that are included in the package. Virginia Retail Federation and other states have fought these issues individually on the state level and federal level, however, this proposal puts all these bad ideas together in one mammoth package.

“The legislation includes more than 30 proposals. In addition to “card check” union-organizing elections where workers would lose their right to a private ballot, it includes “ambush” elections that give little notice to employers, the formation of “micro” unions within a single department or location of a company, cancellation of state right-to-work laws, expansion of “joint employer” status that can make a company responsible for the actions of its subcontractors or franchisees, adoption of California’s “ABC test” for classifying workers as either employees or independent contractors, and disclosure of employees’ private contact information to unions.” (The "worst bill in Congress" is back -

To learn more about this legislation, please join the NRF and retailers across the country on Tuesday, February 23rd at 2pm.

Presented by NFIB and Virginia Retail Federation

December 16   I  1:30-2:30pm   


This year, Virginians faced a multitude of changes. No one could have predicted a worldwide pandemic that would crush our economy in the most unexpected ways. And yet lawmakers in Virginia passed sweeping new labor laws.

So, what does this mean for your business?

1. It will be harder to identify workers as independent contractors.
2. Employees have new whistleblower protections.
3. Businesses must pay employees on time or face jail time.
4. Pregnant workers have new protections.
5. Anti-discrimination protections were expanded.

These are just a handful of the laws that will impact your business. 

What does this mean for 2021? Many of these changes now apply to those with under 15 employees who were previously exempt under Federal law. Virginia employers need to prepare for these new laws and develop a program to be in compliance.

How should you prepare?

Join us for a webinar on Wednesday, December 16 from 1:30pm – 2:30pm as our guest presenter Courtney Malveaux of Jackson Lewis will cover these issues and others to inform small businesses of the changes and ways to update their employment practices to ensure they are in compliance with the new laws.  


For more information please visit or contact Sharon Sykes by email at This email address is being protected from spambots. You need JavaScript enabled to view it.