H.R. 1502 — To terminate the EB-5 program.

Summary

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.

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Related Legislation

S. 232A bill to terminate the EB-5 Visa Program and to reallocate the employment creation visas to the other employment-based visa classifications.
2017-01-24Read twice and referred to the Committee on the Judiciary.
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Legislative Actions

2017-03-10
Introduced in House
2017-03-10
Introduced in House
2017-03-10
Referred to the House Committee on the Judiciary.
2017-03-31
Referred to the Subcommittee on Immigration and Border Security.

To terminate the EB-5 program.

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Summary

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Legislative Actions

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