“Small businesses are the engine of our economy, helping to drive innovative economic growth and create good-paying jobs. Promoting entrepreneurship and supporting small businesses is a top priority of mine, and I will continue to work across party lines to build a stronger workforce and give small businesses the support that they need to succeed.” – Senator Hassan
Senator Hassan, as a member of the Senate Finance Committee, is working to ensure that small businesses and innovative entrepreneurs have the support that they need to get ahead and stay ahead.
To encourage the development of more small businesses, the first bill Senator Hassan introduced in the United States Senate was the Reigniting Opportunity for Innovators (ROI) Act, which would provide student loan debt relief for entrepreneurs to help them start up and grow innovative small businesses.
In the 21st century innovation economy, access to high-speed internet is a necessity, and Senator Hassan has been a leader in working to expand broadband infrastructure, especially in New Hampshire’s rural and underserved areas. Senator Hassan supports the Save the Internet Act, which would keep the internet open and free by restoring critical net neutrality protections, and she cosponsored bipartisan legislation – that is now law – to provide small businesses with resources to help protect their digital assets from cybersecurity threats.
Senator Hassan strongly opposes the Supreme Court’s backward ruling in South Dakota v. Wayfair Inc., which requires New Hampshire businesses to collect internet sales taxes for other states and creates burdensome red tape for Granite State businesses. Senator Hassan supports completely overturning the Wayfair decision. In the meantime, she has led efforts to lessen the impact of the decision on small businesses.
In an effort to make it easier for small business to offer retirement plans for their employees, Senator Hassan joined in introducing the bipartisan Retirement Security Act to remove barriers that often keep small businesses from being able to offer retirement plans for their employees.
New Hampshire’s craft breweries increasingly help drive the state’s economic growth. To support this important industry, Senator Hassan has championed bipartisan legislation to lower the federal excise tax on the brewing industry and streamline outdated federal regulations for brewing, winemaking, and distilling.
Senator Hassan will continue to focus on critical economic priorities for New Hampshire’s small businesses that foster innovation and expand opportunity for hard-working families across the Granite State.
June 21, 2021
( Last week, U.S. Senators Jeanne Shaheen (D-NH) and Maggie Hassan (D-NH) joined a bipartisan push led by U.S. Senators John Cornyn (R-TX) and Amy Klobuchar (D-MN) to Small Business Administrator Isabella Casillas Guzman urging her to disburse Shuttered Venue Operator Grant funding to struggling live entertainment venues as soon as possible.Read More
June 21, 2021
NH Delegation Announces More than $7.3 Million to Support Small Businesses & Promote Economic Recovery from COVID-19
( Today, U.S. Senators Jeanne Shaheen (D-NH) and Maggie Hassan (D-NH) and Representatives Annie Kuster (NH-02) and Chris Pappas (NH-01) announced New Hampshire’s four community development financial institutions (CDFIs) will receive $7,305,060 in federal grants allocated through government funding legislation that was passed by Congress and signed into law in December. Specifically, the federal grants were awarded by the U.S. Department of the Treasury and will allow CDFIs to provide urgently needed capital to Granite State small businesses and entrepreneurs, particularly in communities that are financially underserved, which will support New Hampshire’s economic recovery from COVID-19. Each organization – the Rockingham Economic Development Corporation, Strafford Economic Development Corporation, the New Hampshire Community Loan Fund and Resident Ownership Capitol USA, LLC – will receive $1,826,265 from this funding.Read More
May 21, 2021
Shaheen, Hassan Introduce Legislation to Protect America’s Small Businesses From Cybersecurity Threats
( U.S. Senator Jeanne Shaheen (D-NH), a senior member of the Senate Committee on Small Business and Entrepreneurship, and U.S. Senator Maggie Hassan (D-NH), Chair of the Emerging Threats Subcommittee, joined U.S. Senator Marco Rubio (R-FL) to reintroduce legislation this week that would protect America’s small businesses from the threats of cyber-crimes.Read More
May 19, 2021
Grassley, Hassan, Lankford Reintroduce Bipartisan Retirement Bill to Give Small Businesses More Flexibility
WASHINGTON - Sens. Chuck Grassley (R-Iowa), Maggie Hassan (D-N.H.) and James Lankford (R-Okla.) today introduced the Improving Access to Retirement Savings Act. This bill will build off the successful implementation of the SECURE Act and make improvements so that more organizations and small businesses can participate in multiple employer plans (MEPs).Read More
May 03, 2021
MANCHESTER – U.S. Senator Maggie Hassan held a roundtable discussion today with local businesses at To Share Brewing Company to discuss the small business relief that Senator Hassan helped secure in recent COVID-19 packages and how business owners are approaching economic recovery from the pandemic. Businesses participating in the roundtable included To Share Brewing Company, Deo Mwano Consultancy, and Red River Theatres.Read More
April 08, 2021
EXETER – U.S. Senator Maggie Hassan yesterday visited Cymbidium Floral and Yogasmith, which have both received funding through the Paycheck Protection Program, to discuss how the relief that Congress passed into law has helped small businesses stay afloat during the pandemic.Read More
March 30, 2021
WASHINGTON - U.S. Senator Maggie Hassan (D-NH) issued the following statement after President Biden signed into law bipartisan legislation to extend the deadline for small businesses to apply for the Paycheck Protection Program: