In December, Warner along with several of his Senate colleagues had introduced a bipartisan legislation that would update regulatory and tax policies to encourage entrepreneurs and innovators to launch new companies, creating jobs and broadening economic opportunities.
The Start-Up Act, introduced with Senator Jerry Moran, speeds-up the transfer of research and technology from university laboratories to the marketplace and modernizes tax policies to encourage longer-term investments of early-stage capital.
It also reforms visa requirements for foreign-born students earning advanced degrees from US colleges and starting companies based on science, technology, engineering and math; and examines federal policies to identify those regulations which discourage start-up businesses.
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