In 2015, the Society of Toxicology (SOT) endorsed "Innovation: An American Imperative," a call-to-action urging the US Congress to enact policies and make investments that ensure the US remains a global innovation leader. On April 24, the organizers of this initiative issued a progress report on the status of its seven key science, research, and innovation policy priorities, which are shared by the diverse endorsers of this effort that include US industry, higher education, science, and engineering organizations.
Below is a brief excerpt from the update:
- Renew the Federal Commitment to Scientific Discovery—Status: In Progress
- Make Permanent a Strengthened Federal R&D Tax Credit—Status: Enacted (The Protecting Americans from Tax Hikes Act of 2015 made the R&D tax credit permanent and extended its benefits to start-ups and small businesses.)
- Improve Student Achievement in Science, Technology, Engineering, and Mathematics (STEM)—Status: In Progress
- Reform US Visa Policy—Status: Increasing Concern
- Take Steps to Streamline or Eliminate Costly and Inefficient Regulations—Status: Progress Made, More Needed
- Reaffirm Merit-Based Peer Review—Status: Enacted (This well-respected system for reviewing grant proposals was recently reaffirmed through the passage of the American Innovation and Competitiveness Act, which was signed into law on January 6, 2017.)
- Stimulate Further Improvements in Advanced Manufacturing—Status: Progress Made, More Needed
For more information, please refer to the full progress report.