US HB1114 | 2011-2012 | 112th Congress
Status
Spectrum: Partisan Bill (Democrat 4-0)
Status: Introduced on March 15 2011 - 25% progression, died in committee
Action: 2011-06-01 - Referred to the Subcommittee on Immigration Policy and Enforcement.
Pending: House Subcommittee on Immigration Policy and Enforcement Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on March 15 2011 - 25% progression, died in committee
Action: 2011-06-01 - Referred to the Subcommittee on Immigration Policy and Enforcement.
Pending: House Subcommittee on Immigration Policy and Enforcement Committee
Text: Latest bill text (Introduced) [PDF]
Summary
StartUp Visa Act of 2011 - 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, government entity, or venture capitalist; and (2) whose commercial activities will generate required levels of employment, revenue, or capital investment. Directs the Secretary of Homeland Security (DHS) to 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.
Title
StartUp Visa Act of 2011
Sponsors
Rep. Carolyn Maloney [D-NY] | Rep. Earl Blumenauer [D-OR] | Rep. Michael Capuano [D-MA] | Rep. William Owens [D-NY] |
History
Date | Chamber | Action |
---|---|---|
2011-06-01 | House | Referred to the Subcommittee on Immigration Policy and Enforcement. |
2011-03-16 | House | Referred to the House Committee on the Judiciary. |
2011-03-16 | House | Sponsor introductory remarks on measure. (CR E500) |
2011-03-15 | House | Sponsor introductory remarks on measure. (CR E490) |
Same As/Similar To
SB565 (Same As) 2011-03-14 - Read twice and referred to the Committee on the Judiciary.
Subjects
Business investment and capital
Congressional oversight
Foreign labor
Immigration
Immigration status and procedures
U.S. and foreign investments
Visas and passports
Congressional oversight
Foreign labor
Immigration
Immigration status and procedures
U.S. and foreign investments
Visas and passports
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/112th-congress/house-bill/1114/all-info |
Text | https://www.congress.gov/112/bills/hr1114/BILLS-112hr1114ih.pdf |