3.0.0 3370 2023-01-11T13:30:19Z 2023-01-11T13:30:19Z House HR 2015-07-29 114 [Congressional Record Volume 161, Number 121 (Wednesday, July 29, 2015)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Ms. LOFGREN:H.R. 3370.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 4 of the Constitution.[Page H5773]]]> hsju00 Judiciary Committee House Standing hsju01 Immigration Integrity, Security, and Enforcement Subcommittee Referred to 2015-09-08T19:58:07Z Referred to 2015-07-29T14:05:05Z hsru00 Rules Committee House Standing Referred to 2015-07-29T14:05:15Z hsed00 Education and the Workforce Committee House Standing Referred to 2015-07-29T14:05:10Z 2015-09-08 hsju01 Immigration Integrity, Security, and Enforcement Subcommittee 1 House committee actions Referred to the Subcommittee on Immigration and Border Security. Committee 2015-07-29 Referred to the Committee on the Judiciary, and in addition to the Committees on Education and the Workforce, and Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hsru00 Rules Committee 2015-07-29 Referred to the Committee on the Judiciary, and in addition to the Committees on Education and the Workforce, and Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hsed00 Education and the Workforce Committee 2015-07-29 Referred to the Committee on the Judiciary, and in addition to the Committees on Education and the Workforce, and Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100-A 9 Library of Congress 2015-07-29 Referred to the Committee on the Judiciary, and in addition to the Committees on Education and the Workforce, and Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hsju00 Judiciary Committee 2015-07-29 Introduced in House IntroReferral Intro-H 9 Library of Congress 2015-07-29 Introduced in House IntroReferral 1000 9 Library of Congress L000397 Rep. Lofgren, Zoe [D-CA-19] ZOE LOFGREN D CA 19 N G000535 Rep. Gutierrez, Luis V. [D-IL-4] LUIS GUTIERREZ D IL V. 4 2015-07-29 True C001080 Rep. Chu, Judy [D-CA-27] Judy Chu D CA 27 2015-09-25 False Immigration Business investment and capital Economic development Employee hiring Financial services and investments Foreign labor Government information and archives Government studies and investigations Government trust funds Immigration status and procedures Inflation and prices Military facilities and property Religion Rural conditions and development Securities Temporary and part-time employment U.S. and foreign investments User charges and fees Visas and passports Immigration 00 2015-07-29 Introduced in House 2015-10-26T20:40:00Z Entrepreneurial Businesses Creating Jobs Act of 2015 or the EB-JOBS Act of 2015

This bill amends the Immigration and Nationality Act to make conditional permanent resident (EB-6) visas (adjustable to permanent resident after two years) available to qualifying venture capital-backed and self-sponsored startup entrepreneurs based upon specified investment, job creation, and commercial activity requirements.

Permanent resident (EB-7) visas shall be made available to nonimmigrant treaty investors holding an E-2 visa who: (1) have maintained such status for at least 10 years, and (2) created full-time employment for at least 5 U.S. workers for at least 10 years.

EB-6 and EB-7 visa holders are exempted from worldwide immigration limits.

An alien who is eligible to receive an EB-6 or EB-7 visa may adjust to permanent resident status if he or she was present in the United States on the date of the enactment of this Act and has been continuously present since that date.

The EB-5 employment creation regional center program is made permanent with a set-aside of at least 5,000 visas.

A regional center shall: (1) have jurisdiction over a specific geographic area, which shall be consistent with the purpose of concentrating pooled investment in defined economic zones; and (2) certify compliance with U.S. securities laws, and supervise all offers, purchases, and sales of securities made by associated commercial enterprises to ensure securities compliance.

The Department of Homeland Security (DHS) shall terminate the designation of any regional center that does not provide such certification on an annual basis.

DHS shall deny or revoke the designation of a regional center if the center's program participation presents: (1) a threat to public safety or national security; or (2) a significant risk of criminal misuse, fraud, or abuse.

DHS shall: (1) establish a procedure for pre-approval of new commercial enterprises, (2) impose a fee for regional center designation, and (3) perform site visits.

Immigrant visa set-asides for job creation in a target employment area are revised to require:

  • at least 2,000 visas for rural areas;
  • at least 4,000 visas for high unemployment areas; and
  • at least 2,000 visas for a county with a 20% or more population decrease since 1970, an area within a state or federal economic development incentive program, or an area within a military installation closed pursuant to a base closure law.

Concurrent filing for adjustment of status is authorized for persons applying for EB-5, EB-6, and EB-7 visas.

The Immigrant Entrepreneur Account is established in the Treasury to collect from, and use for, the EB-5 and EB-6 programs, together with a premium processing fee.

Additional EB-5 visas shall be made available each year in which the annual cap is reached unless a joint resolution of Congress is enacted finding that such an increase is not needed.

The J-1 visa waiver (for Conrad state 30/medical services in under served areas) program is made permanent.

The E-verify and special immigrant non minister religious worker programs are reauthorized.

]]> EB-JOBS Act of 2015 Display Title EB-JOBS Act of 2015 Official Title as Introduced To amend the Immigration and Nationality Act to promote innovation, investment, and research in the United States, and for other purposes. Introduced in House IH Short Titles as Introduced EB-JOBS Act of 2015 Short Titles as Introduced Entrepreneurial Businesses Creating Jobs Act of 2015 Introduced in House 2015-07-29T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114hr3370ih/xml/BILLS-114hr3370ih.xml 2015-09-08 Referred to the Subcommittee on Immigration and Border Security. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.