Establishes a small business tariff stabilization fund to support New Hampshire small businesses facing economic hardships.
The bill establishes the small business tariff stabilization fund, which will be used to provide stabilization grants to small businesses in New Hampshire. The fund will address economic hardships, including supply chain disruptions and support businesses with low capital reserves. The Department of Business and Economic Affairs will distribute these grants, which will be used to prevent layoffs and support businesses affected by federal policy changes. The fund will be financed by an appropriation of $2,500,000 for the fiscal year ending June 30, 2026.
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