US Congress House Bill 6493 (Prior Session Legislation)

---

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on September 21 2012 - 25% progression, died in committee
Action: 2012-11-06 - Referred to the Subcommittee on Immigration Policy and Enforcement.
Pending: House Subcommittee on Immigration Policy and Enforcement Committee
Text: Latest bill text (Introduced) [PDF]

Global Investments in America's Cities Act - Amends the Immigration and Nationality Act to set aside at least 3,000 employment creation immigrant visas each fiscal year for qualified immigrants seeking to invest in a new commercial enterprise which will create employment in an economically distressed urban area and with respect to which such alien: (1) has invested at least $250,000; (2) has completed an investment agreement with a qualified venture capital operating company for an investment of at least $250,000; or (3) has completed an investment agreement with one or more angel investors for an investment of at least $250,000. Requires petitions for such immigrant visas to be decided within 60 days. Directs the Government Accountability Office (GAO) to report to Congress on the EB-5 visa program.

Global Investments in America's Cities Act

Rep. Hansen Clarke [D-MI]

Date	Chamber	Action
2012-11-06	House	Referred to the Subcommittee on Immigration Policy and Enforcement.
2012-09-21	House	Referred to the House Committee on the Judiciary.

Type	Source
Summary	https://www.congress.gov/bill/112th-congress/house-bill/6493/all-info
Text	https://www.congress.gov/112/bills/hr6493/BILLS-112hr6493ih.pdf