US Congress Senate Bill 232 (Prior Session Legislation)

---

Spectrum: Slight Partisan Bill (Democrat 2-1)
Status: Introduced on January 24 2017 - 25% progression, died in committee
Action: 2017-01-24 - Read twice and referred to the Committee on the Judiciary.
Pending: Senate Judiciary Committee
Text: Latest bill text (Introduced) [PDF]

A bill to terminate the EB-5 Visa Program and to reallocate the employment creation visas to the other employment-based visa classifications. This bill amends the Immigration and Nationality Act to eliminate the EB-5 visa category. The number of fiscal year immigrant visas available for the following employment categories is increased: (1) priority workers; (2) members of the professions with advanced degrees or persons of exceptional ability; (3) skilled workers, professionals, and certain unskilled workers; and (4) certain special immigrants. 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.

A bill to terminate the EB-5 Visa Program and to reallocate the employment creation visas to the other employment-based visa classifications.

Sen. Dianne Feinstein [D-CA]

Sen. Chuck Grassley [R-IA]

Sen. Richard Durbin [D-IL]

Date	Chamber	Action
2017-01-24	Senate	Read twice and referred to the Committee on the Judiciary.

HB1502 (Related) 2017-03-31 - Referred to the Subcommittee on Immigration and Border Security.

Type	Source
Summary	https://www.congress.gov/bill/115th-congress/senate-bill/232/all-info
Text	https://www.congress.gov/115/bills/s232/BILLS-115s232is.pdf