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S. 2115

Targeted Employment Areas Improvement Act

Targeted Employment Areas Improvement Act

This bill amends the Immigration and Nationality Act to increase the number of fiscal year EB-5 (employment creation) visas for qualified immigrants who invest in a new commercial enterprise which, in addition to creating jobs in a targeted employment area, will invest the required capital in such area.

Designation of a high unemployment area as a targeted employment area shall be valid for renewable five-year periods.

Read twice and referred to the Committee on the Judiciary.

Sen. Flake, Jeff [R-AZ](R-AZ)Sponsor
1committees2actions7subjects
  1. IntroReferral

    Read twice and referred to the Committee on the Judiciary.

    Judiciary Committee
  2. IntroReferral10000

    Introduced in Senate

Targeted Employment Areas Improvement Act — Informed