HOUSE 2173116th CongressReferred to the Subcommittee on Immigration and Citizenship.

To amend the Immigration and Nationality Act to reserve EB-5 visas each fiscal year for investors in new commercial enterprises in areas with respect to which a major disaster has been declared by the President.

Last Action: 5/15/2019

Actions

2019-05-15Referred to the Subcommittee on Immigration and Citizenship.
2019-04-09Referred to the House Committee on the Judiciary.
2019-04-09Introduced in House
2019-04-09Introduced in House

CRS Summary

As of 2019-04-09 (00)

This bill reserves a certain number of EB-5 visas (immigrant investors) for immigrants who invest in a new commercial enterprise that will create employment in an area where the President has declared a major disaster. For a period of three fiscal years starting from the fiscal year in which a disaster has been declared, 100 such visas must be reserved for each fiscal year.

Cosponsors (1)

Doug LaMalfa (R-CA)

Subjects

Business investment and capital
Disaster relief and insurance
Foreign labor
Immigration status and procedures
U.S. and foreign investments
Visas and passports

Read on Congress.gov

Sourced from Congress.gov (public domain).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.