Startup Act 3.0 () was legislation considered in the

113th Congress The 113th United States Congress was a meeting of the legislative branch of the United States federal government, from January 3, 2013, to January 3, 2015, during the fifth and sixth years of Barack Obama's presidency. It was composed of the ...

intended to encourage the growth and viability of startup companies in the United States through a series of changes to American tax, immigration, and regulatory policies. It is the third iteration of Startup Act legislation originally introduced into the United States Senate by

Jerry Moran Gerald Wesley Moran ( ; born May 29, 1954) is an American lawyer and politician who is the senior United States senator from Kansas, a seat he has held since 2011. A member of the Republican Party, he was chair of the National Republican Senat ...

(R-KS) in 2011 and then reintroduced as Startup Act 2.0 by Moran and

Mark Warner Mark Robert Warner (born December 15, 1954) is an American businessman and politician serving as the senior United States senator from Virginia, a seat he has held since 2009. A member of the Democratic Party, Warner served as the 69th governo ...

(D-VA) in 2012. The legislation has earned broad support from entrepreneurs and the technology industry. Provisions of the bill have been scored by economists as considerable vehicles of economic growth. It has bipartisan support in both chambers of Congress. The legislation was reintroduced in the 114th Congress as "Startup Act", ().

Sponsors

Senate bill (S. 310): Sen.

(R-KS), Sen.

(D-VA), Sen.

Chris Coons Christopher Andrew Coons (born September 9, 1963) is an American lawyer and politician serving as the junior United States senator from Delaware since 2010. A member of the Democratic Party, Coons served as the county executive of New Castle Cou ...

(D-DE), Sen.

Roy Blunt Roy Dean Blunt (born January 10, 1950) is an American politician serving as the senior United States senator for Missouri, a seat he was first elected to in 2010. A member of the Republican Party, he previously served as the 33rd Missouri Sec ...

(R-MO), Sen.

Amy Klobuchar Amy Jean Klobuchar ( ; born May 25, 1960) is an American lawyer and politician serving as the senior United States senator from Minnesota, a seat she has held since 2007. A member of the Minnesota Democratic–Farmer–Labor Party (DFL), Minne ...

(D-MN), Sen.

Tim Kaine Timothy Michael Kaine (; born February 26, 1958) is an American lawyer and politician serving as the junior United States senator from Virginia since 2013. A member of the Democratic Party, he served as the 38th lieutenant governor of Virgini ...

(D-VA), Sen.

Marco Rubio Marco Antonio Rubio (born May 28, 1971) is an American politician and lawyer serving as the senior United States senator from Florida, a seat he has held since 2011. A member of the Republican Party, he served as Speaker of the Florida Hous ...

(R-FL). House bill (H.R. 714): Rep. Michael Grimm, Rep. Loretta Sanchez, Rep.

Steve Chabot Steven Joseph Chabot ( ; born January 22, 1953) is an American politician and lawyer who has been the United States representative for since 2011. A member of the Republican Party, he previously represented the district from 1995 to 2009. In 20 ...

, Rep.

Gerald Connolly Gerald Edward Connolly (born March 30, 1950) is an American politician serving as the U.S. representative for Virginia's 11th congressional district, first elected in 2008. The district is anchored in Fairfax County, an affluent suburban count ...

, Rep.

Devin Nunes Devin Gerald Nunes (; born October 1, 1973) is an American businessman and politician who is chief executive officer of the Trump Media & Technology Group (TMTG). Before resigning from the House of Representatives and joining TMTG, Nunes was ...

, Rep.

Jared Polis Jared Schutz Polis (; born May 12, 1975) is an American politician, entrepreneur, businessman, and philanthropist, serving as the 43rd governor of Colorado since January 2019. He served one term on the Colorado State Board of Education from 200 ...

, Rep.

Kevin Yoder Kevin Wayne Yoder (born January 8, 1976) is an American lawyer and politician who served as a member of the United States House of Representatives for from 2011 to 2019. A Republican, Yoder was the Kansas State Representative for the 20th distr ...

, Rep.

Blake Farenthold Randolph Blake Farenthold (born December 12, 1961) is an American politician and lobbyist. A member of the Republican Party, Farenthold co-hosted a conservative talk-radio program before beginning a career in politics. Farenthold served as the ...

, Rep. Patrick Murphy, Rep.

Peter T. King Peter Thomas King (born April 5, 1944) is a former American politician who represented New York in the U.S. House of Representatives from 1993 to 2021. A member of the Republican Party, he represented a South Shore Long Island district that i ...

, Rep.

Alcee Hastings Alcee Lamar Hastings ( ; September 5, 1936 – April 6, 2021) was an American politician and judge from the state of Florida. Hastings was nominated to the United States District Court for the Southern District of Florida by President Jimmy Cart ...

, Rep.

Judy Chu Judy May Chu (born July 7, 1953) is an American politician serving as the U.S. representative for since 2013. A member of the Democratic Party, she has held a seat in Congress since 2009, representing until redistricting. Chu is the first Chines ...

, Rep.

Jim Moran James Patrick Moran Jr. (born May 16, 1945) is an American politician who served as the mayor of Alexandria, Virginia from 1985 to 1990, and as the U.S. representative for (including the cities of Falls Church and Alexandria, all of Arlington ...

, Rep.

David Valadao David Goncalves Valadao ( ; born April 14, 1977) is an American politician and dairy farmer serving as the U.S. representative for California's 22nd congressional district since 2023. His district comprises part of the San Joaquin Valley. A me ...

, Rep.

Jared Huffman Jared William Huffman (born February 18, 1964) is an American lawyer and politician serving as the U.S. representative for California's 2nd congressional district since 2013. He is a member of the Democratic Party. From 2006 to 2012, Huffman was ...

Support

Reuters finance blogger

Felix Salmon Felix Salmon (born 1972) is a financial journalist, formerly of ''Portfolio Magazine'' and ''Euromoney'' and a former finance blogger for Reuters, where he analyzed economic and occasionally social issues in addition to financial commentary. In Apr ...

said the bill's entrepreneur visa provision is a "no-brainer" and "a great idea just because without it, the incentives are all wrong." Startup Act 3.0 has been considered a potential alternative to comprehensive immigration reform should the push for a comprehensive bill fall short in the 113th Congress.

References

{{Reflist Proposed legislation of the 113th United States Congress Proposed legislation of the 114th United States Congress United States immigration law