Fostering Innovation
“Too many people are being left behind in today’s changing global economy, and we must do more to ensure that everyone who works hard has the opportunity to get ahead and stay ahead. As a member of the Senate Finance Committee, my top priority is to encourage innovation and entrepreneurship, while also building the highly skilled workforce that innovation based businesses need to grow and thrive.” – Senator Hassan
To help lay the foundation for the next generation of economic growth, Senator Hassan is focused on fostering innovation, eliminating barriers for entrepreneurs, increasing participation in the Science, Technology, Engineering, and Mathematics (STEM) fields, and expanding access to broadband.
As a member of the Senate Finance Committee, Senator Hassan introduced bipartisan legislation to double the refundable research and development (R&D) tax credit and extend it to more small businesses. The R&D tax credit supports the efforts of businesses to invest in the development of new, innovative products that lead to job creation and a stronger economy.
Additionally, as part of her efforts to support New Hampshire and America’s entrepreneurs, the first bill Senator Hassan introduced was the Reigniting Opportunity for Innovators (ROI) Act, which would help provide the student loan debt relief necessary for entrepreneurs to start up and grow innovative small businesses.
To ensure that our economy works for everyone, Senator Hassan has supported efforts to include more women, minorities, and people who experience disabilities in STEM fields.
Access to high-speed, reliable internet is also crucial to the success of people and businesses in the 21st century economy. Senator Hassan has been a leader in the push to expand high-speed internet to rural areas in New Hampshire and across the country.
To help close the urban-rural digital divide, Senator Hassan joined in introducing the bipartisan AIRWAVES Act, which establishes a spectrum pipeline that will provide more capacity for wireless providers to improve existing service and expand to new areas. Senator Hassan also introduced the bipartisan MAP Broadband Act to help improve the accuracy of the Federal Communications Commission (FCC) mobile broadband coverage maps to ensure that federal investments in expanding broadband are directed toward areas – such as rural parts of New Hampshire – that need it the most.
Net neutrality is also critical to promoting innovation, supporting hard-working people, and encouraging economic growth. Net neutrality ensures that internet service providers treat all sites on the internet equally, and do not impede the ability of businesses and consumers to access certain services or information. Senator Hassan is working to try to overturn the FCC’s backward decision to repeal net neutrality protections.
Senator Hassan will continue fighting to ensure that all hard-working Granite Staters and Americans have the support and resources that they need to succeed in the 21st century innovation economy.
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June 14, 2021
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Senate Passes Senator Hassan & Colleagues’ Bipartisan Bill to Outcompete China & Strengthen National Security
WASHINGTON - The Senate passed historic, bipartisan legislation today introduced by U.S. Senator Maggie Hassan to help the U.S. outcompete China and strengthen national security. The bipartisan United States Innovation and Competition Act also includes important priorities secured by Senator Hassan to help boost the economy and harden critical infrastructure.
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Senator Hassan Visits Moore Nanotechnology to Discuss Workforce Development
SWANZEY – U.S. Senator Maggie Hassan visited Moore Nanotechnology yesterday, which produces ultra-precision machining systems used in consumer electronics, automotive, space, medical, lighting, defense, and aerospace technologies. Senator Hassan spoke with members of the Nanotech leadership team, and thanked them for the innovative work that they are doing in order to drive New Hampshire’s economy forward. They also discussed regional workforce challenges, career pathway partnerships, and encouraging women and girls to pursue STEM careers.
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March 21, 2021
Senator Hassan Joins Colleagues in Introducing Bipartisan Bill to Support Colleges in Pursuing Innovative Programs to Improve Student Success
Read MoreWASHINGTON - U.S. Senator Maggie Hassan (D-NH), a member of the Health, Education, Labor, and Pensions Committee and Finance Committee, joined her colleagues in reintroducing the bipartisan Innovation Zone Act. This bipartisan legislation would strengthen an initiative under the Higher Education Act that colleges, including Southern New Hampshire University, have used to create pilot-programs that can improve student outcomes and prepare them for the workforce.
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Sens. Coons, Rubio, Hassan, Cornyn lead bipartisan bill to bolster U.S. supply chain preparedness and response
Read MoreWASHINGTON - Today, U.S. Senators Chris Coons (D-Del.) and Marco Rubio (R-Fla.) introduced the National Manufacturing Guard Act of 2021, bipartisan legislation to invest $1 billion over five years in the ability of the U.S. government to mitigate future supply chain emergencies. The bill is cosponsored by U.S. Senators Maggie Hassan (D-N.H.) and John Cornyn (R-Texas).
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Senator Hassan, Business Leaders Discuss How Her Bipartisan R&D Bill Will Help Boost Domestic Manufacturing During Finance Hearing
Read MoreWASHINGTON - U.S. Senator Maggie Hassan (D-NH) participated in a Senate Finance Committee hearing today, where she discussed how her bipartisan American Innovation and Jobs Act, which would strengthen and expand research and development (R&D) tax incentives, will help boost domestic manufacturing and help U.S. businesses outcompete foreign manufacturers. Senator Hassan led in introducing this bipartisan legislation along with Senators Todd Young (R-IN), Catherine Cortez Masto (D-NV), Rob Portman (R-OH), and Ben Sasse (R-NE), all members of the Senate Finance Committee.
