There is one summary for H.R.1502. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (03/10/2017)

This bill amends the Immigration and Nationality Act to eliminate the EB-5 visa category.

The Departments of Commerce, Justice, and State, the Judiciary, and Related Agencies Appropriations Act, 1993 is amended to terminate the EB-5 regional center pilot program.

The EB-5 visa provides lawful permanent residence to foreign nationals who invest (directly or through a regional center) a specified amount of capital in a new commercial enterprise in the United States and create at least 10 jobs.