Senate Bill 2778
116th Congress(2019-2020)
Immigrant Investor Program Reform Act
Introduced
Introduced in Senate on Nov 5, 2019
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
2778
Congress
116
Policy Area
Immigration
Immigration
Primary focus of measure is administration of immigration and naturalization matters; immigration enforcement procedures; refugees and asylum policies; travel and residence documentation; foreign labor; benefits for immigrants. Measures concerning smuggling and trafficking of persons may fall under Crime and Law Enforcement policy area. Measures concerning refugees may fall under International Affairs policy area.
No Senate votes have been held for this bill.
Summary
Immigrant Investor Program Reform Act
This bill reauthorizes the EB-5 investor program through September 2025 and makes various changes to the program, such as imposing various oversight mechanisms. (EB-5 visas provide permanent resident status to qualified investors whose investments create a certain number of jobs.)
November 5, 2019
11/05/2019
Read twice and referred to the Committee on the Judiciary.
11/05/2019
Introduced in Senate
Public Record
Record Updated
Nov 1, 2022 4:47:39 AM