StartUp Act of 2014
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Jul 31, 2014)
StartUp Visa Act of 2014 - Amends the Immigration and Nationality Act to establish an employment-based, conditional immigrant visa (StartUp visa) for a sponsored alien entrepreneur: (1) with required amounts of financial backing from a qualifying investor or venture capitalist; and (2) whose commercial activities will generate required levels of employment, revenue, or capital investment.
Directs the Secretary of Homeland Security (DHS) to terminate the status of a sponsored entrepreneur (and the alien spouse and children of such entrepreneur) if not later than three years after the date on which such permanent resident status was conferred: (1) the sponsoring venture capitalist or investor fails to meet investment requirements; or (2) the entrepreneur fails to meet job creation, capital investment, or revenue requirements.
What just happenedSep 26, 2014
Referred to the Subcommittee on Immigration and Border Security.
Who’s behind it
- Introduced in HouseJul 31, 2014
- Sep 26, 2014Committee
Referred to the Subcommittee on Immigration and Border Security.
Immigration Integrity, Security, and Enforcement Subcommittee - Aug 1, 2014IntroReferralB00100
Sponsor introductory remarks on measure. (CR E1305-1306)
- Jul 31, 2014IntroReferralH11100
Referred to the House Committee on the Judiciary.
Judiciary Committee - Jul 31, 2014IntroReferralIntro-H
Introduced in House
- Jul 31, 2014IntroReferral1000
Introduced in House