Skip to main content
S 232 115th Congress Senate Immigration Employee hiring Financial services and investments Foreign labor Visas and passports

A bill to terminate the EB-5 Visa Program and to reallocate the employment creation visas to the other employment-based visa classifications.

Introduced: January 24, 2017 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 24, 2017
Read twice and referred to the Committee on the Judiciary.
Jan 24, 2017
Introduced in Senate
 Plain-English summary Congressional Research Service

This bill amends the Immigration and Nationality Act to eliminate the EB-5 visa category.

The number of fiscal year immigrant visas available for the following employment categories is increased: (1) priority workers; (2) members of the professions with advanced degrees or persons of exceptional ability; (3) skilled workers, professionals, and certain unskilled workers; and (4) certain special immigrants.

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.

What's happening now January 24, 2017

Read twice and referred to the Committee on the Judiciary.

 Committees of jurisdiction 1