S. 189
StartUp Visa Act of 2013
Read twice and referred to the Committee on the Judiciary.
Sponsor
Sen. Udall, Mark [D-CO]
Bill Details
- Update Date
- Nov 15, 2022
- Origin Chamber
- Senate
- Bill Type
- S
- Bill Number
- 189
- Congress
- 113
- Introduced Date
- Jan 30, 2013
- Policy Area
- Immigration
- Is Law
- No
Read twice and referred to the Committee on the Judiciary.
Source: Senate
Sponsor introductory remarks on measure. (CR S405-406)
Source: Library of Congress
Introduced in Senate
Source: Library of Congress
StartUp Visa Act of 2013 - 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, government entity, 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.
Judiciary Committee
Introduced in Senate
Jan 30, 2013