America is a land of innovators — people who pioneer new technologies, discover new treatments, and launch new startups. And this week, House Republicans turned our focus to them.
We passed nine bills that will empower our most creative to pursue their passion — and unleash opportunities that ensures America remains competitive both at home and abroad.
Here are three highlights from this week:
H.R. 880, the American Research and Competitiveness Act of 2015
This bill is the best of both worlds: tax reform and research investment. By making research and development tax credits permanent, small business owners can pursue innovative solutions, knowing the financial rug won’t be pulled out from underneath them. How awesome is that.
H.R. 1806, the American COMPETES Reauthorization Act of 2015
The foundation of innovation? Education. This bill strengthens our grant system, so that students are able to undertake research that will lead tomorrow’s treatments, cures, and technological advancements.
H.R. 2262, the Spurring Private Aerospace Competitiveness and Entrepreneurship (SPACE) Act of 2015
Anything that is an acronym for SPACE has to be cool, right? Correct. This bill allows private entities to grow and develop without the imposition of Washington, D.C.’s burdensome regulations. Because it’s support – not regulation – that gives America’s commercial space industry the room it needs to truly ‘take off.’ Pardon the pun.
Our country was built on the shoulders of creative, hardworking, entrepreneurial people who want to change the world. These three bills, and the other solutions passed this week, gives our small business owners, scientists, and students the tools they need to propel our country forward.