US Congress Senate Bill 565 (Prior Session Legislation)

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Spectrum: Moderate Partisan Bill (Democrat 7-1)
Status: Introduced on March 14 2011 - 25% progression, died in committee
Action: 2011-03-14 - Read twice and referred to the Committee on the Judiciary.
Pending: Senate Judiciary Committee
Text: Latest bill text (Introduced) [PDF]

StartUp Visa Act of 2011 - 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, government entity, 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.

StartUp Visa Act of 2011

Sen. John Kerry [D-MA]	Sen. Michael Bennet [D-CO]	Sen. Kirsten Gillibrand [D-NY]	Sen. Mary Landrieu [D-LA]
Sen. Richard Lugar [R-IN]	Sen. Mark Udall [D-CO]	Sen. Mark Warner [D-VA]	Sen. Sheldon Whitehouse [D-RI]

Date	Chamber	Action
2011-03-14	Senate	Read twice and referred to the Committee on the Judiciary.

HB1114 (Same As) 2011-06-01 - Referred to the Subcommittee on Immigration Policy and Enforcement.

Type	Source
Summary	https://www.congress.gov/bill/112th-congress/senate-bill/565/all-info
Text	https://www.congress.gov/112/bills/s565/BILLS-112s565is.pdf