United States 114th Congress Status: Died 1 D cosponsors

HR 3370 — EB-JOBS Act of 2015 Entrepreneurial Businesses Creating Jobs Act of 2015

Last action — Referred to the Subcommittee on Immigration and Border Security.

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  1. ✓
    Introduced
  2. ✓
    In Committee
  3. Died in session

This bill died with 114th Congress. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Summary

EB-JOBS Act of 2015 Entrepreneurial Businesses Creating Jobs Act of 2015 This bill amends the Immigration and Nationality Act to make conditional permanent resident (EB-6) visas (adjustable to permanent resident after two years) available to qualifying venture capital-backed and self-sponsored startup entrepreneurs based upon specified investment, job creation, and commercial activity requirements. Permanent resident (EB-7) visas shall be made available to nonimmigrant treaty investors holding an E-2 visa who: (1) have maintained such status for at least 10 years, and (2) created full-time employment for at least 5 U.S. workers for at least 10 years. EB-6 and EB-7 visa holders are exempted from worldwide immigration limits. An alien who is eligible to receive an EB-6 or EB-7 visa may adjust to permanent resident status if he or she was present in the United States on the date of the enactment of this Act and has been continuously present since that date. The EB-5 employment creation regional center program is made permanent with a set-aside of at least 5,000 visas. A regional center shall: (1) have jurisdiction over a specific geographic area, which shall be consistent with the purpose of concentrating pooled investment in defined economic zones; and (2) certify compliance with U.S. securities laws, and supervise all offers, purchases, and sales of securities made by associated commercial enterprises to ensure securities compliance. The Department of Homeland Security (DHS) shall terminate the designation of any regional center that does not provide such certification on an annual basis. DHS shall deny or revoke the designation of a regional center if the center's program participation presents: (1) a threat to public safety or national security; or (2) a significant risk of criminal misuse, fraud, or abuse. DHS shall: (1) establish a procedure for pre-approval of new commercial enterprises, (2) impose a fee for regional center designation, and (3) perform site visits. Immigrant visa set-asides for job creation in a target employment area are revised to require: at least 2,000 visas for rural areas; at least 4,000 visas for high unemployment areas; and at least 2,000 visas for a county with a 20% or more population decrease since 1970, an area within a state or federal economic development incentive program, or an area within a military installation closed pursuant to a base closure law. Concurrent filing for adjustment of status is authorized for persons applying for EB-5, EB-6, and EB-7 visas. The Immigrant Entrepreneur Account is established in the Treasury to collect from, and use for, the EB-5 and EB-6 programs, together with a premium processing fee. Additional EB-5 visas shall be made available each year in which the annual cap is reached unless a joint resolution of Congress is enacted finding that such an increase is not needed. The J-1 visa waiver (for Conrad state 30/medical services in under served areas) program is made permanent. The E-verify and special immigrant non minister religious worker programs are reauthorized.

Bill Text

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Action History

  1. Referred to the Subcommittee on Immigration and Border Security.

  2. Referred to House Rules

  3. Referred to House Education and the Workforce

  4. Referred to House Judiciary

  5. Referred to the Committee on the Judiciary, and in addition to the Committees on Education and the Workforce, and Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

  6. Introduced in House

Sponsors

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 546 not signed on

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (546)

546 members have not signed on to this bill.

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"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

Business investment and capital Economic development Employee hiring Financial services and investments Foreign labor Government information and archives Government studies and investigations Government trust funds Immigration status and procedures Inflation and prices Military facilities and property Religion Rural conditions and development Securities Temporary and part-time employment U.S. and foreign investments User charges and fees Visas and passports Immigration
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Frequently asked questions

What does HR 3370 do?
EB-JOBS Act of 2015 Entrepreneurial Businesses Creating Jobs Act of 2015 This bill amends the Immigration and Nationality Act to make conditional permanent resident (EB-6) visas (adjustable to permanent resident after two years) available to qualifying venture capital-backed and self-sponsored startup entrepreneurs based upon specified investment, job creation, and commercial activity requirements. Permanent resident (EB-7) visas shall be made available to nonimmigrant treaty investors holding an E-2 visa who: (1) have maintained such status for at least 10 years, and (2) created full-time employment for at least 5 U.S. workers for at least 10 years. EB-6 and EB-7 visa holders are exempted from worldwide immigration limits. An alien who is eligible to receive an EB-6 or EB-7 visa may adjust to permanent resident status if he or she was present in the United States on the date of the enactment of this Act and has been continuously present since that date. The EB-5 employment creation regional center program is made permanent with a set-aside of at least 5,000 visas. A regional center shall: (1) have jurisdiction over a specific geographic area, which shall be consistent with the purpose of concentrating pooled investment in defined economic zones; and (2) certify compliance with U.S. securities laws, and supervise all offers, purchases, and sales of securities made by associated commercial enterprises to ensure securities compliance. The Department of Homeland Security (DHS) shall terminate the designation of any regional center that does not provide such certification on an annual basis. DHS shall deny or revoke the designation of a regional center if the center's program participation presents: (1) a threat to public safety or national security; or (2) a significant risk of criminal misuse, fraud, or abuse. DHS shall: (1) establish a procedure for pre-approval of new commercial enterprises, (2) impose a fee for regional center designation, and (3) perform site visits. Immigrant visa set-asides for job creation in a target employment area are revised to require: at least 2,000 visas for rural areas; at least 4,000 visas for high unemployment areas; and at least 2,000 visas for a county with a 20% or more population decrease since 1970, an area within a state or federal economic development incentive program, or an area within a military installation closed pursuant to a base closure law. Concurrent filing for adjustment of status is authorized for persons applying for EB-5, EB-6, and EB-7 visas. The Immigrant Entrepreneur Account is established in the Treasury to collect from, and use for, the EB-5 and EB-6 programs, together with a premium processing fee. Additional EB-5 visas shall be made available each year in which the annual cap is reached unless a joint resolution of Congress is enacted finding that such an increase is not needed. The J-1 visa waiver (for Conrad state 30/medical services in under served areas) program is made permanent. The E-verify and special immigrant non minister religious worker programs are reauthorized.
Who sponsors HR 3370?
HR 3370 is sponsored by Zoe Lofgren (D).
What is the current status of HR 3370?
This bill died with 114th Congress. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track HR 3370?
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