H.R. 1502
Referred to CommitteeTo terminate the EB-5 program.
Latest Action
Referred to the Subcommittee on Immigration and Border Security.
3/31/2017 • House
Summary
This bill amends the Immigration and Nationality Act to eliminate the EB-5 visa category.
The Departments of Commerce, Justice, and State, the Judiciary, and Related Agencies Appropriations Act, 1993 is amended to terminate the EB-5 regional center pilot program.
The EB-5 visa provides lawful permanent residence to foreign nationals who invest (directly or through a regional center) a specified amount of capital in a new commercial enterprise in the United States and create at least 10 jobs.
Introduced in House • 3/10/2017
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Sponsor & Cosponsors (3)
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Sponsor
Cosponsors (2)
Bill Journey
Originated in the House
Introduced
March 10, 2017
Referred to the House Committee on the Judiciary.
Committee Review
Floor Debate
Passed Chamber
Other Chamber
President
Enacted into Law