US SB3029 | 2009-2010 | 111th Congress

Status

Spectrum: Slight Partisan Bill (Democrat 2-1)
Status: Introduced on February 24 2010 - 25% progression, died in chamber
Action: 2010-02-24 - Read twice and referred to the Committee on the Judiciary.
Text: Latest bill text (Introduced) [PDF]

Summary

StartUp Visa Act of 2010 - 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 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.

Tracking Information

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Title

StartUp Visa Act of 2010

Sponsors


History

DateChamberAction
2010-02-24 Read twice and referred to the Committee on the Judiciary.

Same As/Similar To

HB4259 (Related) 2010-03-01 - Referred to the Subcommittee on Immigration, Citizenship, Refugees, Border Security, and International Law.
HB4321 (Related) 2010-03-01 - Referred to the Subcommittee on Immigration, Citizenship, Refugees, Border Security, and International Law.
HB5193 (Same As) 2010-06-15 - Referred to the Subcommittee on Immigration, Citizenship, Refugees, Border Security, and International Law.

Subjects


US Congress State Sources


Bill Comments

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