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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Timeline
Referred to the House Committee on the Judiciary.
House of Representatives
Introduced in House
Referred to the Subcommittee on Immigration and Border Security.
House of Representatives
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