To establish an employment-based immigrant visa for alien entrepreneurs who have received significant capital from investors to establish a business in the United States.

United States115th CongressHR-2577House of Representatives
Updated: Jun 23, 2017

Summary

Jobs in America Act This bill amends the Immigration and Nationality Act to establish an employment-based, conditional immigrant visa (StartUp visa) for a sponsored alien entrepreneur: (1) with required amounts of financial backing from a qualifying investor or venture capitalist; and (2) whose commercial activities will generate required levels of employment, revenue, or capital investment. The Department of Homeland Security shall terminate the status of a sponsored entrepreneur (and the alien spouse and children of such entrepreneur) if not later than three years after the date on which such permanent resident status was conferred: (1) the sponsoring venture capitalist or investor fails to meet investment requirements; or (2) the entrepreneur fails to meet job creation, capital investment, or revenue requirements.

Bill texts

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Introduced (House)View official text

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Timeline

  1. Referred to the House Committee on the Judiciary.

    House of Representatives

  2. Introduced in House

  3. Referred to the Subcommittee on Immigration and Border Security.

    House of Representatives

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