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H.R.4178: American Entrepreneurship and Investment Act of 2014
About this Bill
|This bill was introduced in the||113th Congress|
|This bill is primarily about||immigration|
|You can||read the bill|
|Sponsor||Jared Polis, D-Colo.|
|Total Cosponsors||8 (5 Democrats, 3 Republicans)|
|Introduced||March 6, 2014|
|Latest Major Action||April 16, 2014|
|See it on||GovTrack|
|See it on||C-SPAN|
- Bill introduced in the House
- Bill passed in the House
- Bill passed in the Senate
- Bill signed into law
American Entrepreneurship and Investment Act of 2014 - Amends the Immigration and Nationality Act to make the EB-5 immigrant investor program permanent.
Increases the targeted employment area set-aside.
Includes in the definition of targeted employment area (TEA): (1) a military installation closed pursuant to a base closure law; (2) a county with a 20% or greater population decline since 1970; and (3) an area within a federal, state, county, or city economic development incentive program.
Directs the Secretary of Homeland Security (DHS) to defer to state TEA designations.
Provides for five-year Consumer Price Index-based adjustments to the required EB-5 investment amount beginning on January 1, 2016.
Permits job creation requirements to include employment measured in full-time equivalents, such as intermittent or seasonal employment opportunities and construction jobs.
Directs the Secretary to: (1) establish a preapproval procedure for c...
(Source: Congressional Research Service)
|April 16, 2014||Referred to the Subcommittee on Immigration and Border Security.|
|March 6, 2014||Referred to the House Committee on the Judiciary.|