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*{{:The Bill Process}}For more information on the United States Bill process please refer to: [[The Veterans Entrepreneurial Transition Act Bill Process]] ==Policy Landscape== '''Policy Overview''' {{:Summary of 2015 Policies}} '''Current US Entrepreneurship Policy''' **A bill The Senate Committee on Small Business and Entrepreneurship Most of the bills reported /introduced by the U.S. Congress pertaining to innovation and entrepreneurship are reported on by the Senate Committee on Small Business and Entrepreneurship. The U.S. Senate Committee on Small Business and Entrepreneurshipis a standing committee of the United States Senate. The committee has jurisdiction over the [https://en.wikipedia.org/wiki/Small_Business_Administration Small Business Administration] and is also charged with researching and investigating all problems of American small business enterprises. The current Chairman of the Committee is U.S. Senator David Vitter. Other information on the Committee on Small Business and Entrepreneurship, including Committee members and recent pieces of legislation, can be found on their [http://www.sbc.senate.gov/public/index.cfm?p=Home. website] ** Amends Acts Reported on by the Senate Committee on Small Business Act to direct and Entrepreneurship{{:Acts Reported on by the Senate Committee on Small Business and Entrepreneurship}}[[Acts Reported on by the Senate Committee on Small Business Administration and Entrepreneurship]] '''Current US Innovation Policy''' *[[:Innovation Promotion Act|Innovation Promotion Act]]The "Innovation Promotion Act of 2015" was released as a discussion draft on July 31, 2015. The act promotes a reduction of taxes to carry out 10% for income from intellectual property. It also proposes qualifying tax distributions of qualifying intellectual property from a pilot program controlled foreign corporation to assess the feasibility and advisability US parent company. This act is indicative of making grants the United States' effort to eligible veterans to start or acquire a qualifying business enterpriseattract and foster more innovation and research. There has also been extensive [[:Feedback on the Innovation Promotion Act| feedback]]on the innovation promotion act.