Global Investments in America's Cities Act
Latest action · Nov 6, 2012 Referred to the Subcommittee on Immigration Policy and Enforcement.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedSep 21, 2012
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Global Investments in America's Cities Act - Amends the Immigration and Nationality Act to set aside at least 3,000 employment creation immigrant visas each fiscal year for qualified immigrants seeking to invest in a new commercial enterprise which will create employment in an economically distressed urban area and with respect to which such alien: (1) has invested at least $250,000; (2) has completed an investment agreement with a qualified venture capital operating company for an investment of at least $250,000; or (3) has completed an investment agreement with one or more angel investors for an investment of at least $250,000.
Requires petitions for such immigrant visas to be decided within 60 days.
Directs the Government Accountability Office (GAO) to report to Congress on the EB-5 visa program.
Cosponsors
Members who signed on, in the order they did.
Actions 3
Everything that happened, newest first.
- Nov 6, 2012Referred to the Subcommittee on Immigration Policy and Enforcement.
- Sep 21, 2012Introduced in House
- Sep 21, 2012Referred to the House Committee on the Judiciary.
Subjects
Assigned by the Library of Congress. Policy area: Immigration.
Text 1
Each version as it was printed, newest first.
- Sep 21, 2012Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.