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Hassan has championed bipartisan legislation to lower the federal excise tax on the brewing industry and streamline outdated federal regulations for brewing, winemaking, and distilling.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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Related News
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January 15, 2021
Senators Hassan, Shaheen Hold Resource Panel for Granite State Small Businesses, Nonprofits Following Re-Opening of Paycheck Protection Program and Additional Federal Relief
WASHINGTON - U.S. Senators Maggie Hassan and Jeanne Shaheen hosted a public panel where New Hampshire small businesses and nonprofits learned about support available to them through the COVID-19 relief and government funding package that the Senators helped negotiate and pass into law.
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January 06, 2021
Inc. Magazine Highlights Senator Hassan’s Efforts to Provide Student Loan Debt Relief to Young Entrepreneurs
WASHINGTON - In case you missed it, Inc. Magazine recently published an article on how student loan debt has prevented many young people from starting their own businesses and highlighted Senator Maggie Hassan’s legislation to help provide student loan debt relief to young entrepreneurs as a potential policy solution to this problem. The article discusses the importance of supporting entrepreneurship in order to create new jobs and help the economy recover from the COVID-19 pandemic.
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December 28, 2020
Shaheen, Hassan Announce NH Expected to Receive an Estimated $2B in COVID Relief
( U.S. Senator Jeanne Shaheen (D-NH), a senior member of the Senate Appropriations Committee, and U.S. Senator Maggie Hassan (D-NH) issued the following statements in response to new estimates from the non-partisan Congressional Research Service (CRS) predicting that New Hampshire is expected to receive approximately $2 billion across a variety of sectors from new federal COVID-19 relief included in government funding legislation that was signed into law Sunday night, which Shaheen and Hassan helped negotiate. These estimates do not include all sectors of New Hampshire’s economy that will receive federal relief, which will become available in the days and weeks ahead.
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December 22, 2020
Senator Hassan Secures COVID-19 Relief, End to Surprise Medical Billing in Year-End Legislation
WASHINGTON - Last night, the Senate passed a year-end government funding package with substantial COVID-19 relief for Granite Staters based on a bipartisan compromise that Senator Maggie Hassan (D-NH) helped negotiate. The package also includes a number of other priorities that Senator Hassan fought for, including provisions to help end surprise medical billing, which Senator Hassan has led bipartisan efforts on for the past two years.
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December 22, 2020
Hassan, Burr Successfully Include Bipartisan Legislation to Expand Small Business Support Amid COVID-19 Pandemic in Government Funding Package
WASHINGTON - The end-of-year funding bill passed yesterday by Congress includes bipartisan legislation introduced by U.S. Senators Maggie Hassan (D-NH) and Richard Burr (R-NC) to expand small businesses and nonprofits’ access to federal COVID-19 relief. The bipartisan Employer Assistance Coordination Act will allow eligible small employers to both participate in the Paycheck Protection Program and claim the Employee Retention Tax Credit to help keep workers on payroll and pay for their health care coverage. Currently, small employers cannot participate in both of these programs.
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December 08, 2020
Senator Hassan Held Third Annual Innovate NH Entrepreneurship Forum
WASHINGTON - In case you missed it, U.S. Senator Maggie Hassan yesterday hosted the third-annual Innovate NH Entrepreneurship Forum as part of her efforts to support New Hampshire’s entrepreneurs and ensure that they have the tools that they need to launch innovative businesses and thrive. The event focused on challenges that small businesses and startups are facing amid the pandemic.
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December 02, 2020
Senators Hassan, Shaheen and Bipartisan Group of Colleagues Push to Include Tax Relief Measure for Craft Breweries in End-of-Year Package
WASHINGTON - U.S. Senator Maggie Hassan (D-NH), a member of the Senate Finance Committee, Senator Jeanne Shaheen (D-NH), and a bipartisan group of their colleagues are pushing to include a bipartisan proposal to provide tax relief for craft breweries in an end-of-year legislative package.
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