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SB 638 · 2026 · Senate · Ways and Means Committee

Small business tariff stabilization fund

AI-generated

relative to establishing a small business tariff stabilization fund.

Establishes a small business tariff stabilization fund to support the needs of small businesses.AI-generated

Status

Killed in the Senate — Inexpedient to Legislate · January 29, 2026
  1. ✓Introduced
  2. ✕Senate
  3. House
  4. Governor
  5. Law

Analysis

This bill establishes a small business tariff stabilization fund to support the needs of small businesses.

From the bill's official ANALYSIS section.

In the bill's words

Quoted verbatim from the bill as introduced. Passages chosen from the operative text.Computed by this site

“There is hereby established the small business tariff stabilization fund, which shall be kept separate and distinct from all other funds and shall be continually appropriated to the department of business and economic affairs.”
RSA 12-O:23-b
“Stabilization grants shall be distributed or expended by the department of business and economic affairs for the following purposes:”
RSA 12-O:23-b
“The department may accept gifts, grants, donations or other moneys for the purposes of this section.”
RSA 12-O:23-b
“Said moneys and any interest earned shall be deposited into the small business tariff stabilization fund and may be expended to accomplish the purposes of this section.”
RSA 12-O:23-b

Official record

Bill page — docket & status

gc.nh.gov · the authoritative source

Sponsors

Sen. Rebecca Perkins KwokaDPrimeMinority Leader
  • Sen. Cindy RosenwaldDDeputy Democratic Leader
  • Rep. Alexis SimpsonDDemocratic Leader
  • Rep. Laura TelerskiDDeputy Democratic Leader

Also: Sen. Donovan FentonD, Sen. David WattersD, Sen. Debra AltschillerD

Public testimony

No one submitted online testimony on this bill. See the record

Votes

yeanay
Starting text: Bill as introduced
  • Jan 29, 2026SenateCommittee report: Inexpedient to Legislate3–2
    Overall
    60% yea
  • Jan 29, 2026SenateVoice voteInexpedient to Legislateadopted

Hearings and debates

  • Jan 14, 2026Public hearingSenate Ways and Means2:04:52–2:09:364m 44slocated in the stream transcriptHearing
  • Jan 29, 2026Floor debateSenate floorWatchnot located in the transcript — opens the full streamCommittee Report: Inexpedient to Legislate; Inexpedient to Legislate — adopted, voice vote

Timestamps locate where this bill is taken up in the chamber's YouTube stream.

Legislative history

  1. Jan 7, 2026SenIntroduced 01/07/2026 and Referred to Ways and Means; SJ 1
  2. Jan 14, 2026SenHearing: 01/14/2026, Room 122-123, SH, 10:35 am; SC 46
  3. Jan 29, 2026Sen: Inexpedient to Legislate, 01/29/2026, Vote 3-2, CC; SC 3
  4. Jan 29, 2026SenInexpedient to Legislate, MA, VV === BILL KILLED ===; 01/29/2026; SJ 2

Coverage

No reporting linked yet.

Documents (PDF)

  • Introducedversion

Bill text & amendments link direct to gc.nh.gov; committee reports stream from the state record.