US HB2577 | 2017-2018 | 115th Congress

Status

Spectrum: Bipartisan Bill
Status: Introduced on May 19 2017 - 25% progression, died in committee
Action: 2017-06-23 - Referred to the Subcommittee on Immigration and Border Security.
Pending: House Subcommittee on Immigration And Border Security Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Jobs in America Act This bill 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. The Department of Homeland Security shall 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.

Tracking Information

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Title

Jobs in America Act

Sponsors


History

DateChamberAction
2017-06-23HouseReferred to the Subcommittee on Immigration and Border Security.
2017-05-19HouseReferred to the House Committee on the Judiciary.
2017-05-19HouseIntroduced in House

Subjects


US Congress State Sources


Bill Comments

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