US Codex
Bill
Notes

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

S. 232 · 115th Congress · Jan 24, 2017 · Lineage

A BILL

1. Termination of employment creation visa classification

(a)
In general— Section 203(b)(5) of the Immigration and Nationality Act (8 U.S.C. 1153(b)(5)) is repealed.
(b)
Reallocation to other employment-Based visa classifications— Section 203(b) of such Act (8 U.S.C. 1153(b)) is amended—
(1)
in paragraph (1), by striking “28.6 percent” and inserting “30.4 percent”;
(2)
in paragraph (2), by striking “28.6 percent” and inserting “30.4 percent”;
(3)
in paragraph (3), by striking “28.6 percent” and inserting “30.4 percent”; and
(4)
in paragraph (4), by striking “7.1 percent” and inserting “8.8 percent”.

2. Conforming amendments

(a)
Immigration and Nationality Act— Title II of the Immigration and Nationality Act (8 U.S.C. 1151 et seq.) is amended—
(1)
in section 202—
(A)
in subsection (a)(5)(A), by striking “(4), or (5)” and insert “or (4)”; and
(B)
in subsection (e)(3), by striking “through (5)” and inserting “through (4)”;
(2)
in section 203(b)(1), in the matter preceding subparagraph (A), by striking “paragraphs (4) and (5)” and inserting “paragraph (4)”;
(3)
in section 204(a)(1)—
(A)
by striking subparagraph (H);
(B)
by redesignating subparagraphs (I), (J), (K), and (L) as subparagraphs (H), (I), (J), and (K), respectively;
(C)
in subparagraph (H), as redesignated, by moving clause (iv) 6 ems to the left; and
(D)
by moving subparagraph (K), as redesignated, 4 ems to the left; and
(4)
by striking section 216A (8 U.S.C. 1186b).
(b)
Repeal of pilot immigration program— Section 610 of the Departments of Commerce, Justice, and State, the Judiciary, and Related Agencies Appropriations Act, 1993 (Public Law 102–395) is repealed.