H.R. 4890 · 110th Congress
Invest in USA Act of 2007
- Stage
- In committee
- Sponsor
- Jeff Flake
- Introduced
- 2007-12-19
- Latest action
- 2008-01-14 · Referred to the Subcommittee on Crime, Terrorism, and Homeland Security.
Summary
Invest in USA Act of 2007 - Amends the Departments of Commerce, Justice, and State, the Judiciary, and Related Agencies Appropriations Act, 1993 to: (1) make the alien investor (EB-5) regional center program permanent; and (2) establish a $2,500 regional center designation fee.
Amends the Immigration and Nationality Act to: (1) establish a $2,000 EB-5 premium processing fee; (2) permit concurrent filing for EB-5 petitions and status adjustment applications; and (3) establish in the Treasury the Immigrant Entrepreneur Regional Account Center.