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.
Establishing a scholarship fund for certain small businesses applying for loans from the capital access program administered by the New Hampshire business finance authority.
Making an appropriation to the department of health and human services to fund the Merrimack, New Hampshire Kidney Cancer Incidence Phase 3 Feasibility study.
Relative to the closing of the Sununu youth services center, making appropriations thereof, and establishing a commission to study community impacts of the secured youth development center.
Relative to including education in the United States Constitution, the Bill of Rights, and the New Hampshire constitution for New Hampshire law enforcement.
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, 2023, to June 30, 2024, and for the payment of bills incurred and remaining unpaid at the close of the fiscal year ending June 30, 2023; to provide appropriations from special funds and accounts to the Executive and Judicial Departments for the fiscal year July 1, 2023, to June 30, 2024, and for the payment of bills remaining unpaid at the close of the fiscal year ending June 30, 2023; to provide for the appropriation of Federal funds to the Executive and Judicial Departments for the fiscal year July 1, 2023, to June 30, 2024, and for the payment of bills remaining unpaid at the close of the fiscal year ending June 30, 2023; and to provide for the additional appropriation of Federal and State funds to the Executive and Legislative Departments for the fiscal year July 1, 2022, to June 30, 2023, and for the payment of bills incurred and remaining unpaid at the close of the fiscal year ending June 30, 2022.