Sunday, September 22, 2019
Hawai'i Free Press

Current Articles | Archives

Tuesday, May 22, 2012
Lingle Endorses Bipartisan Startup 2.0 Act
By News Release @ 8:58 PM :: 4979 Views :: Energy, Environment, National News, Ethics

GOVERNOR LINDA LINGLE SUPPORTS BIPARTISAN STARTUP 2.0 ACT

News Release from www.Lingle2012.com

HONOLULU - Governor Linda Lingle, candidate for Hawaii's open U.S. Senate seat, voiced her support today for the bipartisan legislation termed "Startup Act 2.0."

Startup Act 2.0, which was written by and introduced today by Sens. Marco Rubio (R-Fla.), Mark Warner (D-Va.), Jerry Moran (R-Kan.) and Chris Coons (D-Del.), would create new types of visas, one allowing foreign students who obtained graduate degrees in math, science and other related fields to stay in the United States, and another for immigrant entrepreneurs who grow jobs and create companies here. It also eliminates limits on how many work-based visas the United States offers to citizens of a certain country.

"Long-term economic growth demands that we continue to grow our innovation-based economy, create an environment that is conducive to new business activities and attract and retain the best and brightest from other countries," Governor Lingle said.

"Many foreign-born students are educated in American universities and then return to their home country to invent new products and start new cutting edge companies that compete with American businesses. That is simply not in America's best interest. We should be encouraging these innovators to stay in America so their talent and ideas can fuel economic growth and create jobs right here at home. I am pleased to see legislation in the U.S. Senate that will help achieve these goals, and I am excited to pledge my support for the bipartisan effort," Gov. Lingle added.

In 2005 alone, immigrant-founded technology companies generated $52 billion in revenue and employed 450,000 workers. Today however, no more than 7% of the visas each year can be allocated to immigrants from any one country. Immigrants from large countries such as India and China have the same number of visas available as those from much smaller countries such as Iceland and Costa Rica.

In addition to the immigration proposals, the Senators' proposal would also permanently exempt some small-business stock, owned for at least five years, from capital gains taxes; create a new, targeted research and development incentive for new start-up companies; encourage the commercialization of research started at universities; and require government agencies to undertake a cost-benefit analysis on major research funding proposals.

"As it relates to the STEM education portion of the Act, I am pleased the Senate recognizes the importance of this scholastic focus as this has been an initiative of mine since 2006. Specifically, robotics education has grown from 95 teams to over 450 teams in six different programs. Like this legislation, Hawaii's success was born through a coordinated effort of the public and private sectors."

"If elected as Hawaii's next U.S. Senator, I will put Hawaii's "people first" by joining in the bipartisan effort to build a climate that encourages economic growth, entrepreneurs - both American and foreign-born - must be free to pursue their ideas, form companies in the United States, and hire employees. Startup 2.0 will create jobs for Americans by creating a opportunities for entrepreneurs to succeed," Gov. Lingle added.

# # # #

 

Links

TEXT "follow HawaiiFreePress" to 40404

Register to Vote

2aHawaii

808 Silent Majority

808 State Update AM940

ABCDEFG Blog

ACA Signups Hawaii

ACCE

ALEC

Alliance Defending Freedom

Aloha Conservative Alliance

Aloha Life Advocates

Aloha Pregnancy Care Center

American Council of Trustees and Alumni

American Mothers of Hawaii

AMVETS-Hawaii

AntiPlanner

Antonio Gramsci Reading List

A Place for Women in Waipio

Audit The Rail

Ballotpedia Hawaii

Better Hawaii 

Blaisdell Memorial Project

Broken Trust

CAFR Hawaii

Castaway Conservative

Children's Alliance Hawaii

Children's Rights Institute

Christian Homeschoolers of Hawaii

Citizens for Recall

Cliff Slater's Second Opinion

Coffee Break

Conservative Forum for Hawaii

CSIS Pacific Forum

DAR Hawaii

DeedySupport.com

DVids Hawaii

E Hana Kakou Kelii Akina

E Māua Ola i Moku o Keawe

Farmers For Choice Hawaii

FIRE

Fix Oahu!

Follow the Money Hawaii

Frank in Hawaii

Front Page Magazine

Frontline: The Fixers

Genetic Literacy Project

Get Off Your Butts!

God, Freedom, America

Grassroot Institute

Habele.org

Hawaii Aganst Assisted Suicide

Hawaii Aquarium Fish Report

Hawaii Aviation Preservation Society

Hawaii Catholic TV

Hawaii Christian Coalition

Hawaii Cigar Association

Hawaii Coalition Against Legalized Gambling

Hawaii ConCon Info

Hawaii Credit Union Watch

Hawaii Crime Victims' Rights

Hawaii Crop Improvement Association

Hawaii Debt Clock

Hawaii Defending Marriage

Hawaii Defense Foundation

Hawaii Families for Educational Choice

Hawaii Family Advocates

Hawaii Family Forum

Hawaii Farmers and Ranchers United

Hawaii Farmer's Daughter

Hawaii Federalist Society

Hawaii Federation of Republican Women

Hawaii Firearm Community

Hawaii Fishermen's Alliance

Hawaii Future Project

Hawaii Gathering of Eagles

Hawaii History Blog

Hawaii Homeschool Association

Hawaii Jihadi Trial

Hawaii March for Life

Hawaii Meth Project

Hawaii's Partnership for Appropriate & Compassionate Care

Hawaii Public Charter School Network

Hawaii Rifle Association

Hawaii Right to Life -- Big Island

Hawaii Right to Life -- Oahu

Hawaii Shield Law Coalition

Hawaii Shippers Council

Hawaii Smokers Alliance

Hawaii State Data Lab

Hawaii Together

Heritage Foundation

HI Coalition Against Legalized Gambling

HIEC.Coop 

HiFiCo

Hiram Fong Papers

Homeschool Legal Defense Hawaii

Honolulu Homeless Crisis

Honolulu Navy League

Honolulu Traffic

Horns of Jericho Blog

House Minority Blog

House Republican Caucus YouTube

HPACC

Hump Day Report

I Vote Hawaii

If Hawaii News

Imua TMT

Inouye-Kwock, NYT 1992

Inside the Nature Conservancy

Inverse Condemnation

Investigative Project on Terrorism

Iowa Meets Maui

Jackson v Abercrombie

Jihad Watch

Judgepedia Hawaii

July 4 in Hawaii

Kahle v New Hope

Kakaako Cares

Kau TEA Party

Kauai Co GOP

Keep Hawaii's Heroes

KeyWiki

Land and Power in Hawaii

Legislative Committee Analysis Tool

Lessons in Firearm Education

Lingle Years

Malulani Foundation

Managed Care Matters -- Hawaii

Malama Pregnancy Center of Maui

Mauna Kea Recreational Users Group

MentalIllnessPolicy.org

Middle East Forum--The Legal Project

Mililani Conservatives for Change

Military Home Educators' Network Oahu

Missile Defense Advocacy

MIS Veterans Hawaii

Muslim Brotherhood in America

NAMI Hawaii

NARTH

Natatorium.org

National Christian Foundation Hawaii

National Parents Org Hawaii

National Wind Watch

New Zeal

NFIB Hawaii News

No GMO Means No Aloha

Northwest Economic Policy Seminar

Not Dead Yet, Hawaii

Now What I Really Think

NRA-ILA Hawaii

Oahu Alternative Transport

ObamaCare Abortion Hawaii

Obookiah

OHA Lies

Opt Out Today

OurFutureHawaii.com

Pacific Aviation Museum

Patients Rights Council Hawaii

PEACE Hawaii

People vs Machine

Pritchett Cartoons 

Pro-GMO Hawaii

P.U.E.O.

RailRipoff.com

Rental by Owner Awareness Assn

Republican Party -- Hawaii State

Research Institute for Hawaii USA

Rick Hamada Show

RJ Rummel

Robotics Organizing Committee

Salvage The Rail

Save the Plastic Bag

School Choice in Hawaii

SenatorFong.com

SIFE Remington

SIFE W. Oahu 

Sink the Jones Act

Smart About Marijuana--Hawaii

St Marianne Cope

State Budget Solutions Hawaii

State Policy Network

Statehood for Guam

Tax Foundation of Hawaii

The Harriet Tubman Agenda

The Long War Journal

The Real Hanabusa

Time Out Honolulu

Truth About Trade & Technology - Hawaii

UCC Truths

Union Members Know Your Rights

US Tax Foundation Hawaii Info

Valor in the Pacific

VAREP Honolulu

Waagey.org

West Maui Taxpayers Association

What Natalie Thinks

Whole Life Hawaii

Yes2TMT