All Information (Except Text) for S.J.Res.55 - A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Acting Secretary of Homeland Security relating to "Immigrant Investor Program Modernization"116th Congress (2019-2020)
|Sponsor:||Sen. Paul, Rand [R-KY] (Introduced 09/24/2019)|
|Committees:||Senate - Judiciary|
|Latest Action:||Senate - 09/24/2019 Read twice and referred to the Committee on the Judiciary. (All Actions)|
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Titles Actions Overview All Actions Cosponsors Committees Related Bills Subjects Latest Summary All Summaries
Actions Overview (1)
|09/24/2019||Introduced in Senate|
09/24/2019 Introduced in Senate
All Actions (1)
|09/24/2019||Read twice and referred to the Committee on the Judiciary.|
Action By: Senate
09/24/2019 Read twice and referred to the Committee on the Judiciary.
|Committee / Subcommittee||Date||Activity||Related Documents|
|Senate Judiciary||09/24/2019||Referred to|
Subject — Policy Area:
One Policy Area term, which best describes an entire measure, is assigned to every public bill or resolution.
Latest Summary (1)
Introduced in Senate (09/24/2019)
This joint resolution prohibits the rule changes related to the EB-5 investor program and submitted by the Department of Homeland Security in 84 Fed. Reg. 35750 on July 24, 2019, from taking effect.
The EB-5 visa provides lawful permanent residence to foreign nationals who invest a specified amount of capital in a new commercial enterprise in the United States and create at least 10 jobs. The changes under the rule include (1) increasing the minimum required investment amounts to qualify for an EB-5 visa, and (2) changing the criteria for determining when an area qualifies as a targeted employment area.