Small businesses are the engine of our economy, helping to drive innovative economic growth and create good-paying jobs. Senator Hassan has consistently made promoting entrepreneurship and supporting small businesses a top priority, and she is continuing to work across party lines to build a stronger workforce and give small businesses the support they need to succeed.
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.
Senator Hassan is focused on critical economic priorities for New Hampshire’s small businesses, including protecting Net Neutrality rules that ensure a level playing field, expanding access to broadband, and ensuring that small businesses have the tools necessary to better protect their digital assets from cyber security threats.
April 11, 2019
Senator Hassan Calls for Finance Committee to Hold A Hearing on Impact of Wayfair Internet Sales Tax Decision on Small Businesses
WASHINGTON - Senator Maggie Hassan yesterday called for the Senate Finance Committee to hold hearings on how the Supreme Court’s backward ruling in South Dakota v. Wayfair Inc. – which will require New Hampshire businesses to collect sales tax for other states – will create burdensome red tape for Granite State businesses. She made the request during a Senate Finance hearing, and followed up with a letter to Committee Chairman Chuck Grassley (R-IA) and Ranking Member Ron Wyden (D-OR).Read More
March 14, 2019
Senator Hassan Pushes Back on Backward Priorities for Small Businesses in Trump Administration’s Budget for FY 2020
WASHINGTON - Senator Maggie Hassan today participated in a Senate Finance Committee hearing, where she pushed back on the backward priorities for small businesses in the Trump Administration’s FY 2020 budget, which include eliminating the Treasury Department’s Community Development Financial Institution (CDFI) Program. This program leverages loans and grants to assist Community Development Financial Institutions such as the New Hampshire Community Loan Fund, which has provided critical support to small businesses throughout New Hampshire. The Senator noted how the tax cuts delivered to the top one percent from the Republican tax law are far greater than the funding for the Community Development Financial Institution Program.Read More
March 11, 2019
( U.S. Senators Jeanne Shaheen (D-NH) and Maggie Hassan (D-NH) joined Senate and House Democrats last week to introduce the Save the Internet Act – legislation that would keep the internet open and free. The bill would reverse the disastrous repeal of critical net neutrality protections by President Trump’s Federal Communications Commission (FCC) in late 2017. The legislation is co-sponsored by 46 Senate Democrats.Read More
February 04, 2019
Washington, D.C. - In an effort to make it easier for Americans to save the money they will need for retirement, U.S. Senators Susan Collins (R-ME), the Chairman of the Senate Aging Committee, and Maggie Hassan (D-NH) introduced the Retirement Security Act of 2019 today. Their bipartisan legislation would help small businesses offer retirement plans to their employees and encourage individuals to save more for retirement.Read More
January 16, 2019
Shaheen, Hassan Move to Protect New Hampshire Small Businesses from Online Sales Tax Collection Requirement
( U.S. Senators Jeanne Shaheen (D-NH) and Maggie Hassan (D-NH) reintroduced the Stop Taxing Our Potential (STOP) Act with Senator Jon Tester (D-MT), legislation that would overturn the recent Supreme Court ruling in South Dakota v. Wayfair, Inc. This Supreme Court ruling overturned a previous precedent, and will allow states to collect sales tax from out-of-state businesses. This new burden will hurt small businesses, which do not have the resources to navigate collecting sales taxes for more than 10,000 taxing jurisdictions across the country.Read More
- December 14, 2018
December 07, 2018
Shaheen Introduces Bill to Protect Small Businesses From Burdensome Internet Sales Tax Collection Requirement
(Washington, DC)- U.S. Senator Jeanne Shaheen (D-NH), a member of the Senate Small Business & Entrepreneurship Committee, introduced the Online Sales Simplicity and Small Business Relief Act with Senator Ron Wyden (D-OR), the lead Democrat of the Senate Finance Committee, and Senators Maggie Hassan (D-NH) and Jeff Merkley (D-OR). The bill would prevent new red tape from being imposed on small businesses as a result of the Supreme Court ruling in South Dakota v. Wayfair, Inc. This Supreme Court ruling overturned a previous precedent, and will allow states to collect sales tax from out-of-state businesses as soon as January 1st. This new burden will hurt small businesses, which do not have the resources to navigate collecting sales taxes for more than 10,000 taxing jurisdictions across the country.Read More