Small Businesses
“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Hassan has championed bipartisan legislation to lower the federal excise tax on the brewing industry and streamline outdated federal regulations for brewing, winemaking, and distilling.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.
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April 08, 2021
Senator Hassan Visits Exeter Small Businesses that Have Received COVID Relief
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.
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March 30, 2021
Senator Hassan Statement on President Biden Signing Into Law Paycheck Protection Program Extension
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:
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March 26, 2021
American Rescue Plan Includes Senator Hassan’s Bipartisan Push to Support Hardest-Hit Businesses, Including Entertainment & Performing Arts Industries
In case you missed it, the American Rescue Plan includes a bipartisan measure pushed by Senator Hassan to further support businesses hardest hit by major revenue losses due to the pandemic, including those in the live entertainment and performing arts industries.
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March 16, 2021
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.
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March 16, 2021
Senators Hassan, Young, Cortez Masto, Portman, and Sasse Introduce Bipartisan Bill to Support Innovative Businesses and Startups' Research and Development
WASHINGTON -- U.S. Senators Maggie Hassan (D-NH), 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, introduced the bipartisan American Innovation and Jobs Act to support research and development (R&D) investments by innovative small businesses and startups. At 10 AM today, the Senate Finance Committee will hold a hearing on supporting domestic manufacturing through the tax code.Read More -
March 09, 2021
Senator Hassan Discusses the Relief for New Businesses She Secured in COVID-19 Relief Package with New Hampshire Entrepreneurs and Business Leaders
WASHINGTON - In case you missed it, U.S. Senator Maggie Hassan held a virtual roundtable yesterday to discuss the COVID-19 relief she secured for new businesses in the American Rescue Plan that the Senate passed over the weekend. The Senator was joined by the owners of new businesses in Berlin, Manchester, and Durham, as well as leadership from the Greater Derry Londonderry Chamber of Commerce and the New Hampshire Lodging & Restaurant Association.
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March 06, 2021
Senator Hassan Votes to Pass Comprehensive COVID-19 Relief Package
WASHINGTON - U.S. Senator Maggie Hassan (D-NH) voted today to pass the American Rescue Plan, a comprehensive COVID-19 relief package that supports public health and provides critical assistance to Granite Staters and small businesses. The package includes Senator Hassan’s bipartisan bill to support new businesses that are currently left out of most relief programs and Senator Hassan’s amendment that passed on a bipartisan basis to require schools receiving relief funds to develop and make publicly available plans to return to in-person learning.
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