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A bipartisan group of four senators introduced a bill Tuesday...

A bipartisan group of four senators introduced a bill Tuesday to encourage job growth and the formation of new businesses called the Startup Act 2.0. The bill would permit foreign-born, U.S. educated immigrants to stay in the U.S., and reduce…

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regulatory requirements for small businesses, among other provisions. The bill was co-sponsored by Sens. Mark Warner, D-Va., Jerry Moran, R-Kan., Marco Rubio, R-Fla., and Chris Coons, D-Del. Warner said the bill will help America “win the global contest for talent,” and builds upon his previously introduced Startup Act by including some provisions from S-1866, the AGREE Act. Rubio and Coons said that combining the most widely supported provisions of their AGREE Act into the Startup 2.0 Act will help “break through Washington’s gridlock and help entrepreneurs create new jobs through key reforms to our tax, visa and regulatory systems.” The bill was endorsed by TechAmerica, which called it “smart policy” that can deliver “much needed tools to our entrepreneurs.” CEA urged the Senate to quickly pass the “common sense” bill.