[Congressional Bills 108th Congress]
[From the U.S. Government Publishing Office]
[S. 1642 Referred in House (RFH)]

  1st Session
                                S. 1642


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                    IN THE HOUSE OF REPRESENTATIVES

                            October 7, 2003

               Referred to the Committee on the Judiciary

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                                 AN ACT


 
To extend the duration of the immigrant investor regional center pilot 
        program for 5 additional years, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. PILOT IMMIGRATION PROGRAM.

    (a) Processing Priority Under Pilot Immigration Program for 
Regional Centers to Promote Economic Growth.--Section 610 of the 
Departments of Commerce, Justice, and State, the Judiciary, and Related 
Agencies Appropriations Act, 1993 (8 U.S.C. 1153 note) is amended--
            (1) by striking ``Attorney General'' each place such term 
        appears and inserting ``Secretary of Homeland Security''; and
            (2) by adding at the end the following:
    ``(d) In processing petitions under section 204(a)(1)(H) of the 
Immigration and Nationality Act (8 U.S.C. 1154(a)(1)(H)) for 
classification under section 203(b)(5) of such Act (8 U.S.C. 
1153(b)(5)), the Secretary of Homeland Security may give priority to 
petitions filed by aliens seeking admission under the pilot program 
described in this section. Notwithstanding section 203(e) of such Act 
(8 U.S.C. 1153(e)), immigrant visas made available under such section 
203(b)(5) may be issued to such aliens in an order that takes into 
account any priority accorded under the preceding sentence.''.
    (b) Extension.--Section 610(b) of the Departments of Commerce, 
Justice, and State, the Judiciary, and Related Agencies Appropriations 
Act, 1993 (8 U.S.C. 1153 note) is amended by striking ``10 years'' and 
inserting ``15 years''.

SEC. 2. GAO STUDY.

    (a) In General.--Not later than 1 year after the date of enactment 
of this Act, the General Accounting Office shall report to Congress on 
the immigrant investor program created under section 203(b)(5) of the 
Immigration and Nationality Act (8 U.S.C. 1153(b)(5)).
    (b) Contents.--The report described in subsection (a) shall include 
information regarding--
            (1) the number of immigrant investors that have received 
        visas under the immigrant investor program in each year since 
        the inception of the program;
            (2) the country of origin of the immigrant investors;
            (3) the localities where the immigrant investors are 
        settling and whether those investors generally remain in the 
        localities where they initially settle;
            (4) the number of immigrant investors that have sought to 
        become citizens of the United States;
            (5) the types of commercial enterprises that the immigrant 
        investors have established; and
            (6) the types and number of jobs created by the immigrant 
        investors.

            Passed the Senate October 3, 2003.

            Attest:

                                             EMILY J. REYNOLDS,

                                                             Secretary.