President Obama Sends Startup America Legislative Agenda to Congress

On the one-year anniversary of both the White House Startup America Initiative and the private-sector Startup America Partnership, President Obama sent a Startup America Legislative Agenda to Congress which will expand tax relief and unlock capital for startups and small businesses that are creating jobs. Additionally, the Department of Homeland Security (DHS) will take steps to attract and retain foreign-born entrepreneurs and highly-skilled immigrants so they can start up the next generation of small businesses and great American companies. The Administration also unveiled several new agency actions to accelerate the growth of young, job-creating companies, at the same time that new entrepreneur-led regional coalitions are launching throughout the nation. The Startup America Legislative Agenda contains four tax breaks for small businesses and four proposals that will help expand access to capital and a provision to address immigrant visa backlogs and a provision to address immigrant visa backlogs.