S. 2751 · 110th Congress
State Foreign Investment Improvement Act
- Stage
- In committee
- Sponsor
- Patrick Leahy
- Introduced
- 2008-03-12
- Latest action
- 2008-03-12 · Introduced in Senate
Summary
State Foreign Investment Improvement Act - 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.