New Hampshire 2024 Regular Session

New Hampshire Senate Bill SB452

Introduced

12/12/23

Refer

12/12/23

Refer

2/14/24

Caption

Relative to making an appropriation for the hiring and training of small business development counselors in rural areas of New Hampshire.

Impact

The bill proposes an appropriation that is nonlapsing until June 30, 2026, indicating a commitment to sustained investment in rural development. By equipping small business development counselors, it seeks to provide essential guidance and resources for entrepreneurs in these areas, potentially leading to increased business formation and sustainability. This move is anticipated to address some of the structural barriers to economic growth in rural settings, thereby promoting regional equity in economic opportunities.

Summary

Senate Bill 452, also known as the appropriation for small business development counselors, aims to allocate $250,000 to the Department of Business and Economic Affairs for the hiring and training of small business development counselors in rural areas of New Hampshire. This initiative reflects a growing recognition of the unique challenges faced by rural businesses, and its primary goal is to bolster local economies by enhancing support services for small enterprises.

Sentiment

Overall, the sentiment around SB 452 appears to be largely positive, particularly among local business advocates and community leaders who see the value in supporting entrepreneurship in underserved communities. Lawmakers sponsoring the bill, such as Sen. Innis and other district senators, convey a sense of urgency regarding economic diversification and resilience in rural areas, positioning the bill as a vital step towards fostering local economic ecosystems.

Contention

Despite its positive reception, some contention may arise concerning the allocation of state funds. Critics could argue about the sufficiency and effectiveness of the funding in achieving desired outcomes, as well as potential disparities in resource distribution across different communities. However, no specific points of contention have been documented in the initial discussions or voting records surrounding the bill.

Latest NH SB452 Activity

View All Events: NH 2024 Regular Session SB452

Companion Bills

No companion bills found.

Previously Filed As

NH HB2890

Relating to small business economic development in rural areas of the state.

NH HB115

Making temporary appropriations for the expenses and encumbrances of the state of New Hampshire.

NH HB1701

reestablishing the New Hampshire college graduate retention incentive partnership program and making an appropriation therefor.

NH SB21

Relative to establishing a New Hampshire state trooper recruitment loan debt relief program and making an appropriation therefor.

NH SB604

making an appropriation to the university system of New Hampshire.

NH SF3326

African Development Center, social benefit corporations and small businesses in the St. Paul Midway area grants appropriations

NH HB135

Relative to the collection of sales taxes of foreign jurisdictions by New Hampshire businesses.

NH SB637

relative to certain tax credits for purchase from New Hampshire farms.

NH SB195

Relative to the composition and duties of the New Hampshire advisory council on career and technical education.

NH SB158

Raising the funding cap for the New Hampshire community development finance authority.

Similar Bills

MD SB282

Budget Bill (Fiscal Year 2027)

MD HB390

Budget Bill (Fiscal Year 2027)

MD HB0390

Budget Bill (Fiscal Year 2027)

MD HB350

Budget Bill (Fiscal Year 2026)

MD SB319

Budget Bill (Fiscal Year 2026)

PA HB1330

To provide appropriations from the General Fund for the expenses of certain agencies of the Executive Department for the fiscal year July 1, 2025, to June 30, 2026, and for the payment of bills incurred and remaining unpaid at the close of the fiscal year ending June 30, 2025.

PA SB160

To provide appropriations from the General Fund for the expenses of the Executive, Legislative and Judicial Departments of the Commonwealth, the public debt and the public schools for the fiscal year July 1, 2025, to June 30, 2026, and for the payment of bills incurred and remaining unpaid at the close of the fiscal year ending June 30, 2025; to provide appropriations from special funds and accounts to the Executive and Judicial Departments for the fiscal year July 1, 2025, to June 30, 2026, and for the payment of bills remaining unpaid at the close of the fiscal year ending June 30, 2025; to provide for the appropriation of Federal funds to the Executive and Judicial Departments for the fiscal year July 1, 2025, to June 30, 2026, and for the payment of bills remaining unpaid at the close of the fiscal year ending June 30, 2025; and to provide for the additional appropriation of Federal and State funds to the Executive and Legislative Departments for the fiscal year July 1, 2024, to June 30, 2025, and for the payment of bills incurred and remaining unpaid at the close of the fiscal year ending June 30, 2024.

PA SB1220

To provide appropriations from the General Fund for the expenses of the Executive, Legislative and Judicial Departments of the Commonwealth, the public debt and the public schools for the fiscal year July 1, 2026, to June 30, 2027, and for the payment of bills incurred and remaining unpaid at the close of the fiscal year ending June 30, 2026; to provide appropriations from special funds and accounts to the Executive and Judicial Departments for the fiscal year July 1, 2026, to June 30, 2027, and for the payment of bills remaining unpaid at the close of the fiscal year ending June 30, 2026; to provide for the appropriation of Federal funds to the Executive and Judicial Departments for the fiscal year July 1, 2026, to June 30, 2027, and for the payment of bills remaining unpaid at the close of the fiscal year ending June 30, 2026.