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H.R. 1502

To terminate the EB-5 program.

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.

Referred to the Subcommittee on Immigration and Border Security.

Rep. King, Steve [R-IA-4](R-IA)Sponsor
2 cosponsors2 R
2cosponsors1committees4actions1related bills4subjects
  1. Committee

    Referred to the Subcommittee on Immigration and Border Security.

    Immigration Integrity, Security, and Enforcement Subcommittee
  2. IntroReferralH11100

    Referred to the House Committee on the Judiciary.

    Judiciary Committee
  3. IntroReferralIntro-H

    Introduced in House

  4. IntroReferral1000

    Introduced in House

To terminate the EB-5 program. — Informed