,i #aac? ,,congress #b;d ,session ,h4 ,r4 #dagh ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,m>* #f1 #bjad ,mr4 ,polis 7= himself1 ,mr4 ,salmon1 ,mr4 ,g>cia1 & ,mr4 ,amodei7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ! ,judici>y ,a ,,bill ,to am5d ! ,immigration & ,nationality ,act to provide = re=ms to ! ,,eb-#e immigrant inve/or program1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,am]ican ,entrepr5eur%ip & ,inve/m5t ,act ( #bjad4 #b4 ,! ,,eb-#e employm5t-creation immigrant inve/or program 7a7 ,re=m+ ! ,,eb-#e immigrant inve/or program ,section #bjc7;b77#e7 ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aaec7;b77#e77 is am5d$ z foll[s3 7#a7 ,type ( inve/m5t ,9 subp>agraph 7,a71 by ins]t+ or simil> entity aft] includ+ a limit$ p>tn]%ip4 7#b7 ,t>get$ employm5t area ,9 subp>agraph 7,b7-- 7,a7 by am5d+ clause 7i7 to read z foll[s3 7i7 ,9 g5]al ,n few] ?an #e1jjj ( ! visas made available "u ?is p>agraph 9 ea* fiscal ye> %all be res]v$ = qualifi$ immigrants :o inve/ 9 a new comm]cial ent]prise describ$ 9 subp>agraph 7,a71 :i*-- 7,i7 is inve/+ su* capital 9 a t>get$ employm5t area2 & 7,,ii7 w create employm5t 9 su* t>get$ employm5t area4 4 7,b7 by am5d+ clause 7ii7 to read z foll[s3 7ii7 ,t>get$ employm5t area def9$ ,9 ?is p>agraph1 ! t]m t>get$ employm5t area means1 at ! "t ( inve/m5t-- 7,i7 a rural area2 7,,ii7 an area t has exp]i5c$ high unemploym5t 7( at lea/ #aej p]c5t ( ! national av]age rate7 )9 ! prec$+ #ab mon?s2 7,,iii7 a c\nty t has _h a decl9e 9 population ( #bj p]c5t or m s9ce #aigj2 7,,iv7 a milit>y in/allation clos$ pursuant to a base closure law 7z def9$ 9 section #aja7;a77#ag7 ( title #aj1 ,unit$ ,/ates ,code72 or 7,v7 an area t is )9 ! b\nd>ies e/abli%$ = purposes ( a ,f$]al1 ,/ate1 ,c\nty1 or ,city economic developm5t inc5tive program1 includ+ areas def9$ z ,ent]prise ,zones1 ,r5ewal ,communities & ,emp[]m5t ,zones4 2 7,c7 9 clause 7iii71 by /rik+ )9 a metropolitan /ati/ical area or2 & 7,d7 by ins]t+ aft] clause 7iii7 ! foll[+3 7iv7 ,/ate det]m9ations ,9 a case 9 :i* a geographic area is det]m9$ "u clause 7ii7 to be a t>get$ employm5t area by a delegat$ ,/ate ag5cy1 & su* a det]m9ation has be5 made us+ acceptable data s\rces to include ,u4,s4 ,c5sus ,bureau data 7includ+ data f ! ,am]ican ,community ,survey7 & data f ! ,bureau ( ,labor ,/ati/ics 7includ+ data f ! ,local ,area ,unemploym5t ,/ati/ics71 ,! ,secret>y ( ,homel& ,security or h] designee %all def] to a ,/ate's designation z conclusive4 7v7 ,effect ( prior det]m9ation ,9 a case 9 :i* an area is det]m9$ "u clause 7ii7 to be a t>get$ employm5t area1 su* det]m9ation %all rema9 9 effect dur+ ! #b-ye> p]iod beg9n+ on ! date ( ! det]m9ation = purposes ( an ali5 seek+ a visa res]v$ "u ?is subp>agraph4 4 7#c7 ,capital ,9 subp>agraph 7,c7-- 7,a7 9 clause 7i7-- 7i7 by /rik+ ,! ,attorney ,g5]al1 9 consultation ) ! ,secret>y ( ,labor & ! ,secret>y ( ,/ate & ins]t+ ,! ,secret>y ( ,comm]ce1 9 consultation ) ! ,secret>y ( ,homel& ,security & ,secret>y ( ,labor2 & 7ii7 by add+ at ! end ! foll[+3 ,unless adju/$ by ! ,secret>y ( ,comm]ce1 ! am\nt specifi$ 9 ?is clause %all automatically adju/1 on ,janu>y #a1 #bjaf1 by ! p]c5tage *ange 9 ! ,consum] ,price ,index = all urban consum]s publi%$ by ! ,dep>tm5t ( ,labor dur+ fiscal ye> #bjae1 & on e fif? subsequ5t ,janu>y #a by ! cumulative p]c5tage *ange 9 ! ,consum] ,price ,index dur+ ! previ\s #e fiscal ye>s1 = any petition fil$ to classify an ali5 "u ?is p>agraph on or aft] ! date ( ea* automatic adju/m5t42 7,b7 9 clause 7ii71 by /rik+ ,attorney ,g5]al & ins]t+ ,secret>y ( ,homel& ,security2 7,c7 9 clause 7iii77,,ii71 by /rik+ ,attorney ,g5]al & ins]t+ ,secret>y ( ,homel& ,security2 & 7,d7 by add+ aft] clause 7iii7 ! foll[+3 7iv7 ,capital def9$ ,= purposes ( ?is p>agraph1 ! t]m capital does n include any assets acquir$1 directly or indirectly1 by unlawful means 4 7#d7 ,calculat+ job creation ,by am5d+ subp>agraph 7,d7 to read z foll[s3 7,d7 ,full-"t employm5t ,job creation "u ?is p>agraph may consi/ ( employm5t measur$ 9 full-"t equival5ts1 su* z int]mitt5t or seasonal employm5t opportunities & con/ruction jobs4 ,a full-"t employm5t position is n a requirem5t = indirect job creation4 ,9 ?is p>agraph1 ! t]m full-"t employm5t means employm5t 9 a position t requires at lea/ #ce h\rs ( s]vice p] week at any "t1 reg>dless ( :o fills ! position4 ,su* employm5t may be satisfi$ on a full-"t equival5t basis by calculat+ ! numb] ( full-"t employees t c\ld h be5 employ$ if ! report$ numb] ( h\rs work$ by "p-"t employees _h be5 work$ by full-"t employees4 ,full-"t equival5t employm5t %all be calculat$ by divid+ ! "p-"t h\rs paid by ! /&>d numb] ( h\rs = full-"t employees4 4 7#e7 ,p]man5t au?orization ( regional c5t] program ,by add+ aft] subp>agraph 7,d7 ! foll[+3 7,e7 ,employm5t creation regional c5t]s 7i7 ,9 g5]al ,visas "u ?is p>agraph %all be made available to qualifi$ immigrants :o p>ticipate 9 a program involv+ a regional c5t] 9 ! ,unit$ ,/ates1 :i* has be5 designat$ by ! ,secret>y ( ,homel& ,security1 9 consultation ) ! ,secret>y ( ,comm]ce1 on ! basis ( a g5]al proposal1 = ! promotion ( economic gr[?1 includ+ increas$ exports1 improv$ regional productivity1 job creation1 & increas$ dome/ic capital inve/m5t4 ,a regional c5t] %all h jurisdiction ov] a specific geographic area1 :i* %all be describ$ 9 ! proposal & consi/5t ) ! purpose ( conc5trat+ pool$ inve/m5t 9 def9$ economic zones4 ,! e/abli%m5t ( a regional c5t] "u ?is subp>agraph may be bas$ on g5]al pr$ictions1 conta9$ 9 ! proposal1 conc]n+-- 7,i7 ! k9ds ( new comm]cial ent]prises t w receive capital f ali5s2 7,,ii7 ! jobs t w be creat$ directly or indirectly z a result ( su* inve/m5ts2 & 7,,iii7 o!r positive economic effects su* inve/m5ts w h4 7ii7 ,me?odologies ,9 det]m9+ compliance ) ?is subp>agraph1 & not)/&+ requirem5ts applicable to inve/ors n involv+ regional c5t]s1 ! ,secret>y ( ,homel& ,security1 9 consultation ) ! ,secret>y ( ,comm]ce1 %all recognize reasonable me?odologies = det]m9+ ! numb] ( jobs creat$ by a designat$ regional c5t]1 includ+ su* jobs t are e/imat$ to h be5 creat$ indirectly ?r\gh rev5ues g5]at$ f increas$ exports1 improv$ regional productivity1 or increas$ dome/ic capital inve/m5t result+ f ! regional c5t]4 7iii7 ,special proc$ures 7,i7 ,preapproval ( new comm]cial ent]prises ,! ,secret>y ( ,homel& ,security %all e/abli% a preapproval proc$ure = comm]cial ent]prises t-- 7aa7 all[s a regional c5t] or pot5tial regional c5t] to apply to ! ,secret>y = preapproval ( a new comm]cial ent]prise be=e any ali5 files a petition = classification "u ?is p>agraph by reason ( inve/m5t 9 ! new comm]cial ent]prise2 7bb7 9 consid]+ an application "u subclause 7,i7-- 7,,aa7 all[s ! applicant to address & cure any defici5cies id5tifi$ by ! ,secret>y 9 ! application prior to f9al det]m9ation on ! application2 & 7,,bb7 requires t ! ,secret>y make f9al decisions on all issues "u ?is p>agraph o!r ?an ^? issues unique to ea* individual inve/or 9 ! new comm]cial ent]prise2 & 7cc7 requires t ! ,secret>y elim9ate ! ne$ = ! repeat$ submission ( docum5tation t is common to multiple petitions = classification "u ?is p>agraph ?r\gh a regional c5t]4 7,,ii7 ,def]5ce to prior rul+s ,except 9 ! case ( mat]ial *ange1 fraud1 or legal defici5cy1 ! ,secret>y ( ,homel& ,security %all give def]5ce to1 & n revisit1 favorable det]m9ations made p]ta9+ to a comm]cial ent]prise dur+ ! adjudication (-- 7aa7 petitions fil$ by immigrants inve/+ 9 ! comm]cial ent]prise "u ?is subp>agraph2 or 7bb7 petitions fil$ by su* immigrants "u section #baf;,a = removal ( conditional basis4 7iv7 ,process+ times ,! ,secret>y ( ,homel& ,security %all make det]m9ations on a proposal "u clause 7i7 or an application "u clause 7iii7 n lat] ?an #ahj days aft] ! date on :i* ! proposal or application is fil$4 ,9 ! ev5t t additional in=mation or docum5tation is reque/$ by ! ,secret>y1 ! ,secret>y %all adjudicate ! proposal or application n lat] ?an #cj days aft] ! receipt ( su* in=mation or docum5tation4 ,! fil+ p>ty %all be notifi$ 9 writ+ )9 #cj days ( ! date ( fil+ if ! fil+ does n meet ! /&>ds = approval4 ,if ! fil+ does n meet su* /&>ds1 ! notice %all include ! reasons !re=e & ! ,secret>y %all provide an opportunity = ! prompt resubmission ( a modifi$ fil+4 4 7#f7 ,prev5t+ fraud 9 ! regional c5t] program ,9 subp>agraph 7,e7 7z add$ by p>agraph 7#e771 by ins]t+ aft] clause 7iii7 ! foll[+3 7v7 ,bona fides ( regional c5t] pr9cipals ,no p]son may s]ve z an own]1 director or (fic] ( a regional c5t]1 or hold o!r positions ( sub/antive au?ority = ! op]ations1 managem5t or promotion ( a regional c5t]1 if ! ,secret>y ( ,homel& ,security det]m9es bas$ on sub/antial evid5ce t ! p]son-- 7,i7 has be5 f\nd liable )9 ! previ\s #e ye>s = any crim9al or civil violation ( any law relat+ to fraud or deceit2 7,,ii7 has be5 f\nd liable at any "t = any su* crim9al or civil violation if su* violation involv$-- 7aa7 a crim9al conviction ) a t]m ( imprisonm5t ( at lea/ #a ye>2 or 7bb7 any law or ag5cy regulation 9 connection ) ! pur*ase or sale ( a security2 or 7,,iii7 is engag$ 91 has ev] be5 engag$ 91 or seeks to engage 9 any-- 7aa7 t]rori/ activity 7z def9$ 9 clauses 7iii7 & 7iv7 ( section #bab7;a77#c77;,b772 7bb7 activity relat+ to espionage or sabotage2 7cc7 illicit traffick+ 9 any controll$ sub/ance2 7dd7 activity relat$ to money laund]+ 7z describ$ 9 section #aief or #aieg ( title #ah1 ,unit$ ,/ates ,code72 7ee7 violation ( any /atute1 regulation or ,executive ord] reg>d+ =eign f9ancial transactions or =eign asset control2 or 7ff7 human traffick+ or any o!r human rights (f5se4 ,! ,secret>y ( ,homel& ,security %all require su* atte/ations & in=mation 7includ+ f+]pr9ts7 & %all p]=m su* backgr\nd *ecks z ! ,secret>y 9 ! ,secret>y's discretion consid]s appropriate to det]m9e :e!r a regional c5t] is 9 compliance ) ?is clause4 ,! ,secret>y may t]m9ate any regional c5t] f ! program "u ?is section if ! ,secret>y det]m9es t ! regional c5t] is violation ( ?is clause1 ! regional c5t] fails to provide su* atte/ations & in=mation reque/$ by ! ,secret>y "u ?is clause1 or ! regional c5t] or any p]son describ$ 9 ?is clause is engag$ 9 fraud1 misrepres5tation1 crim9al misuse1 or ?reats to national security4 ,! ,secret>y %all provide = proc$ures = ! appeal & review ( su* a t]m9ation1 & any det]m9ations p]ta9+ to su* t]m9ation %all be subject to review "u *apt] #g ( title #e1 ,unit$ ,/ates ,code4 7vi7 ,fee = regional c5t] designation ,9 addition to any o!r fees au?oriz$ by law1 ! ,secret>y ( ,homel& ,security %all impose-- 7,i7 a fee to apply = designation z a regional c5t] "u ?is subp>agraph2 & 7,,ii7 a fee = preapproval ( a new comm]cial ent]prise z provid$ "u clause 7iii77,i74 4 7#g7 ,,eb-#e petitions ,by add+ aft] subp>agraph 7,e7 7z am5d$ by p>agraph 7#f77 ! foll[+3 7,f7 ,,eb-#e petitions 7i7 ,process+ times ,! ,secret>y ( ,homel& ,security %all adjudicate a petition fil$ pursuant to ?is p>agraph n lat] ?an #ahj days aft] ! date on :i* ! petition is fil$4 ,9 ! ev5t t additional in=mation or docum5tation is reque/$ by ! ,secret>y1 ! ,secret>y %all adjudicate ! petition n lat] ?an #cj days aft] ! receipt ( su* in=mation or docum5tation4 ,! fil+ p>ty %all be notifi$ 9 writ+ )9 #cj days ( ! date ( fil+ if ! fil+ does n meet ! /&>ds = approval4 ,if ! fil+ does n meet su* /&>ds1 ! notice %all include ! reasons !re=e & ! ,secret>y %all provide an opportunity = ! prompt resubmission ( a modifi$ fil+4 7ii7 ,communications ) eb-#e petition]s ,! ,secret>y ( ,homel& ,security %all e/abli% a means by :i* a petition] = /atus "u ?is p>agraph1 a petition] "u section #baf;,a = removal ( conditional basis1 :o is ! recipi5t ( a reque/ = additional in=mation or docum5tation1 a regional c5t]1 or a project develop] may1 prior to ! deadl9e to respond to t reque/1 communicate directly ) ,u4,s4 ,citiz5%ip & ,immigration ,s]vices to address conc]ns und]ly+ ! reque/4 7iii7 ,fraud ,! ,secret>y ( ,homel& ,security1 9 consultation ) ! ,commission] ( ! ,securities & ,ex*ange ,commission1 %all develop a /rategy to review securities-relat$ mat]ials includ$ 9 any immigration petition "u ?is p>agraph1 or a petition "u section #baf;,a = removal ( conditional basis1 :5 !re is evid5ce ( fraud4 4 7b7 ,con=m+ am5dm5t ,section #faj ( ! ,dep>tm5ts ( ,comm]ce1 ,ju/ice1 & ,/ate1 ! ,judici>y1 & ,relat$ ,ag5cies ,appropriations ,act1 #aiic 7#h ,u4,s4,c4 #aaec note7 is repeal$4 #c4 ,conditional p]man5t resid5t /atus = immigrant inve/ors & entrepr5eurs 7a7 ,proc$ure = grant+ immigrant /atus ,section #bjd7;a77#a77;,h7 ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aaed7;a77#a77;,h77 is am5d$ by /rik+ ,attorney ,g5]al & ins]t+ ,secret>y ( ,homel& ,security4 7b7 ,conditional p]man5t resid5t /atus ,section #baf;,a ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aahf;b7 is am5d$-- 7#a7 by /rik+ ,attorney ,g5]al & ,attorney ,g5]al's ea* place su* t]ms appe>1 except = ! ref]5ce to ! ,attorney ,g5]al 9 section #baf;,a7d77#b77;,c71 & ins]t+ ,secret>y ( ,homel& ,security & ,secret>y ( ,homel& ,security's1 respectively2 7#b7 by /rik+ ! ,s]vice ea* place su* t]m appe>s & ins]t+ ,u4,s4 ,citiz5%ip & ,immigration ,s]vices2 7#c7 9 subsection 7b77#a7-- 7,a7 9 subp>agraph 7,a71 by /rik+ inve/m5t & ins]t+ inve/m5t or engagem5t2 & 7,b7 by am5d+ subp>agraph 7,b7 to read z foll[s3 7,b7 7i7 ! requisite inve/m5t or engagem5t 0 n made or 0 n su/a9$ ?r\gh\t ! p]iod ( ! ali5's resid5ce 9 ! ,unit$ ,/ates2 or 7ii7 ! ali5 0 o!rwise n con=m+ to ! requirem5ts ( section #bjc7;b77#e71 z applicable2 2 7#d7 9 subsection 7c77#c77;,a71 by /rik+ ! be=e su* fil+2 7#e7 9 subsection 7d7-- 7,a7 9 p>agraph 7#a7-- 7i7 9 ! matt] prec$+ subp>agraph 7,a71 by /rik+ ! ali52 & 7ii7 by am5d+ subp>agraph 7,a7 to read z foll[s3 7,a7 ! requisite inve/m5t or engagem5t 0 made & 0 su/a9$ ?r\gh\t ! p]iod ( ! ali5's resid5ce 9 ! ,unit$ ,/ates2 & 2 & 7,b7 9 p>agraph 7#b77;,a71 by add+ at ! end ! foll[+3 ,a date specifi$ by ! applicant 7b n lat] ?an ! f\r? anniv]s>y7 %all be sub/itut$ = ! second anniv]s>y 9 apply+ ! prec$+ s5t5ce if ! applicant demon/rates t ! applicant has attempt$ to foll[ ! applicant's bus9ess model 9 good fai?1 provides an explanation = ! delay 9 fil+ ! petition t is bas$ on circum/ances outside ( ! applicant's control1 & demon/rates t su* circum/ances w be able to be resolv$ )9 ! specifi$ p]iod42 7#f7 by r$esignat+ subsection 7f7 z subsection 7i72 7#g7 by add+ aft] subsection 7e7 ! foll[+3 7f7 ,age det]m9ation = *ildr5 ( ali5 entrepr5eurs ,an immigrant admitt$ "u section #bjc7;d7 z a lawful p]man5t resid5t on a conditional basis z ! *ild ( an ali5 entrepr5eur1 ^: lawful p]man5t resid5t /atus on a conditional basis is t]m9at$ "u ?is section1 %all cont9ue to be consid]$ a *ild ( ! ali5 entrepr5eur = ! purpose ( a subsequ5t immigrant petition by ! ali5 entrepr5eur "u p>agraph 7b77#e7 if ! immigrant rema9s unm>ri$ & ! subsequ5t petition by ! ali5 entrepr5eur is fil$ )9 #a ye> aft] ! t]m9ation ( lawful p]man5t resid5t /atus on a conditional basis4 ,no ali5 %all be consid]$ a *ild "u ?is p>agraph ) respect to m ?an #a petition fil$ aft] ! ali5's #ba/ bir?day4 7g7 ,consolidat$ petition ,if an ali5 entrepr5eur submits a petition "u ?is section1 ! ali5 sp\se & ali5 *ild %all be deem$ to h timely submitt$ su* petitions z well4 7h7 ,process+ "t ,! ,secret>y ( ,homel& ,security %all adjudicate a petition fil$ pursuant to ?is p>agraph n lat] ?an #ahj days aft] ! date on :i* ! petition is fil$4 ,9 ! ev5t t additional in=mation or docum5tation is reque/$ by ! ,secret>y1 ! ,secret>y %all adjudicate ! petition n lat] ?an #cj days aft] ! receipt ( su* in=mation or docum5tation4 ,! fil+ p>ty %all be notifi$ 9 writ+ )9 #cj days ( ! date ( fil+ if ! fil+ does n meet ! /&>ds = approval4 ,if ! fil+ does n meet su* /&>ds1 ! notice %all include ! reasons !re=e & ! ,secret>y %all provide an opportunity = ! prompt resubmission ( a modifi$ fil+4 2 & 7#h7 9 subsection 7h7 7z r$esignat$ by p>agraph 7#f771 9 p>agraph 7#c71 by ins]t+ or simil> entity be=e ! p]iod4 7c7 ,concurr5t fil+2 adju/m5t ( /atus ,section #bde ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #abee7 is am5d$-- 7#a7 9 subsection 7k71 9 ! matt] prec$+ p>agraph 7#a71 by /rik+ 7#a71 7#b71 or 7#c7 & ins]t+ 7#a71 7#b71 7#c71 or 7#e72 & 7#b7 by add+ at ! end ! foll[+3 7n7 ,if1 at ! "t a petition is fil$ "u section #bjd = classification "u section #bjc7;b77#e71 approval ( ! petition w\ld make a visa imm$iately available to ! ali5 b5efici>y1 ! ali5 b5efici>y's adju/m5t application "u ?is section %all be consid]$ to be prop]ly fil$ :e!r ! application is submitt$ concurr5tly )1 or subsequ5t to1 ! visa petition4 4 7d7 ,premium process+ ,section #bhf7u7 ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #acef7u77 is am5d$ by add+ at ! end ! foll[+3 ,9 ! case ( a petition fil$ "u section #bjd7;a77#a77;,h7 = classification "u section #bjc7;b77#e71 if ! petition] desires a gu>antee ( a decision on ! petition 9 #fj days or less1 ! premium process+ fee "u ?is subsection %all be set at #e1jjj4 #d4 ,national int]e/ waiv]s = entrepr5eurs ) a prov5 record ( job creation 7a7 ,ali5s :o are memb]s ( ! pr(essions hold+ advanc$ degrees ,section #bjc7;b77#a77;,b7 ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aaec7;b77#a77;,b77 is am5d$-- 7#a7 by /rik+ 7,b77i7 ,subject to clause 7ii7 & ins]t+ ! foll[+3 7,b7 ,national int]e/ waiv]s 7i7 ,9 g5]al ,subject to clauses 7ii7 & 7iii7 2 7#b7 9 clause 7ii7-- 7,a7 by /rik+ 7ii77,i7 ,! ,attorney ,g5]al & ins]t+ ! foll[+3 7ii7 ,physicians work+ 9 %ortage areas or vet]an facilities 7,i7 ,9 g5]al ,! ,secret>y ( ,homel& ,security 2 7,b7 9 subclause 7,,ii71 by /rik+ 7,,ii7 ,no p]man5t resid5t visa & ins]t+ 7,,ii7 ,prohibition4--,no p]man5t resid5t visa2 7,c7 9 subclause 7,,iii71 by /rik+ 7,,iii7 ,no?+ 9 ?is subp>agraph & ins]t+ ! foll[+3 7,,iii7 ,/atutory con/ruction4--,no?+ 9 ?is subp>agraph2 & 7,d7 9 subclause 7,,iv71 by /rik+ 7,,iv7 ,! requirem5ts ( & ins]t+ ! foll[+3 7,,iv7 ,effective date4--,! requirem5ts (2 & 7#c7 by ins]t+ aft] clause 7ii7 ! foll[+3 7iii7 ,entrepr5eurs & job creators ,! ,secret>y ( ,homel& ,security %all grant a national int]e/ waiv] pursuant to clause 7i7 on behalf ( any ali5 entrepr5eur ) respect to :om a petition = pref]5ce classification has be5 fil$ "u subp>agraph 7,a7 if-- 7,i7 ! ali5 has engag$ 9 a new comm]cial ent]prise 7includ+ a limit$ p>tn]%ip or simil> entity7 9 ! ,unit$ ,/ates2 & 7,,ii7 su* ent]prise has b5efitt$ ! ,unit$ ,/ates economy & satisfi$ ! employm5t creation requirem5ts describ$ 9 section #bjd7m74 4 7b7 ,skill$ work]s & pr(essionals2 o!r work]s ,section #bjc7;b7 ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aaec7;b77 is am5d$ by add+ at ! end ! foll[+3 7#f7 ,national int]e/ waiv] = entrepr5eurs & job creators ,! ,secret>y ( ,homel& ,security %all waive application ( p>agraphs 7#b77;,c7 & 7#c77;,b7 on behalf ( any ali5 entrepr5eur ) respect to :om a petition = pref]5ce classification has be5 fil$ "u subp>agraph 7,a7 if-- 7,a7 ! ali5 has engag$ 9 a new comm]cial ent]prise 7includ+ a limit$ p>tn]%ip or simil> entity7 9 ! ,unit$ ,/ates2 & 7,b7 su* ent]prise has b5efitt$ ! ,unit$ ,/ates economy & satisfi$ ! employm5t creation requirem5ts describ$ 9 section #bjd7m74 4 7c7 ,requirem5ts 7#a7 ,9 g5]al ,section #bjd ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aaed7 is am5d$ by add+ at ! end ! foll[+3 7m7 ,entrepr5eurs & job creators 7#a7 ,job creation requirem5ts ,= purposes ( p>agraphs 7#a77;,b77iii7 & 7#f7 ( section #bjc7;b71 a new comm]cial ent]prise %all be deem$ to h b5efitt$ ! ,unit$ ,/ates economy & satisfi$ ! employm5t creation requirem5ts ( ?is subsection if ! ent]prise-- 7,a7 has1 dur+ ! p]iod beg9n+ #d ye>s prior to ! date t a petition = pref]5ce classification ) respect to ! ali5 has be5 fil$ "u subp>agraph 7,a71 creat$ direct1 full-"t employm5t-- 7i7 = n less ?an #e ,unit$ ,/ates work]s2 or 7ii7 9 ! case ( an ent]prise 9 a ,di/ress$ ,area ,developm5t ,zone1 = n less ?an #c ,unit$ ,/ates work]s2 & 7,b7 ! ent]prise has receiv$ en\gh inve/m5t or rev5ue dur+ ! p]iod describ$ 9 subp>agraph 7,a7 to support ! employm5t creation requirem5ts describ$ 9 su* subp>agraph4 7#b7 ,def9itions ,= purposes ( ?is subsection & p>agraphs 7#a77;,b77iii7 & 7#f7 ( section #bjc7;b73 7,a7 ,full-"t employm5t ,! t]m full-"t employm5t means employm5t 9 a position t requires at lea/ #ce h\rs ( s]vice p] week at any "t1 reg>dless ( :o fills ! position4 ,su* employm5t may be satisfi$ on a full-"t equival5t basis by calculat+ ! numb] ( full-"t employees t c\ld h be5 employ$ if ! report$ numb] ( h\rs work$ by "p-"t employees _h be5 work$ by full-"t employees4 ,full-"t equival5t employm5t %all be calculat$ by divid+ ! "p-"t h\rs paid by ! /&>d numb] ( h\rs = full-"t employees4 7,b7 ,inve/m5t or rev5ue ,! t]m inve/m5t or rev5ue does n include any assets acquir$1 directly or indirectly1 by unlawful means4 ,! t]m inve/m5t includes assets provid$ by ! ali5 entrepr5eur & may include assets1 includ+ v5ture capital inve/m5ts1 provid$ pursuant to an inve/m5t agreem5t ) inve/ors :o are ,unit$ ,/ates citiz5s or ali5s lawfully admitt$ to ! ,unit$ ,/ates = p]man5t resid5ce4 7,c7 ,unit$ /ates work] ,! t]m ,unit$ ,/ates work] means an employee 7o!r ?an ! immigrant or ! immigrant's sp\se1 sons1 or daught]s7 :o-- 7i7 is a citiz5 or national ( ! ,unit$ ,/ates2 or 7ii7 is an ali5 :o is lawfully admitt$ = p]man5t resid5ce1 is admitt$ z a refugee "u section #bjg1 is grant$ asylum "u section #bjh1 or is an immigrant o!rwise au?oriz$ to be employ$ 9 ! ,unit$ ,/ates4 7,d7 ,di/ress$ area developm5t zones ,! t]m ,di/ress$ ,area ,developm5t ,zone means-- 7i7 a l[-income geographic area1 z su* t]m is def9$ 9 section #cea ( ! ,small ,bus9ess ,inve/m5t ,act ( #aieh 7#ae ,u4,s4,c4 #fhi72 or 7ii7 a city or c\nty 9 ! ,unit$ ,/ates-- 7,i7 t has exp]i5c$ high unemploym5t 7( n less ?an #aej p]c5t ( ! national av]age1 z det]m9$ by ! ,secret>y ( ,labor7 )9 ! prec$+ #bd mon?s2 or 7,,ii7 has _h a #bj p]c5t or m decrease 9 population s9ce #aigj4 7#c7 ,priority date ,! priority date = any ali5 :o is adju/+ /atus f any nonimmigrant classification describ$ 9 section #aja7;a77#ae7 & :o receives a national int]e/ waiv] "u p>agraph 7#a77;,b77iii7 or 7#f7 ( section #bjc7;b7 %all be ! date ( ! fir/ petition or application = /atus "u section #aja7;a77#ae7 fil$ ) respect to t ali54 4 7#b7 ,con=m+ am5dm5t ,section #bjd7;a77#a77;,e7 ( ! ,immigration & ,nationality ,act is am5d$ by ins]t+ or "u p>agraph 7#a71 7#b7 or 7#c7 ( section #bjc7;b7 if su* ali5 is seek+ a national int]e/ waiv] "u p>agraph 7#a77;,b77iii7 or 7#f7 ( section #bjc7;b7 aft] #bjc7;b77#a77;,a74 #e4 ,,eb-#e visa re=ms 7a7 ,ali5s n subject to direct num]ical limitation ,section #bja7;b77#a7 ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aaea7;b77#a77 is am5d$ by add+ at ! end ! foll[+3 7,p7 ,ali5s :o are ! sp\se or a *ild ( an ali5 admitt$ z an employm5t-bas$ immigrant "u section #bjc7;b77#e74 4 7b7 ,age det]m9ation = *ildr5 ( ali5 inve/ors ,section #bjc7;h7 ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aaec7;h77 is am5d$ by add+ at ! end ! foll[+3 7#e7 ,age det]m9ation = *ildr5 ( ali5 inve/ors ,an ali5 admitt$ "u subsection 7d7 z a lawful p]man5t resid5t on a conditional basis z ! *ild ( an ali5 lawfully admitt$ = p]man5t resid5ce "u subsection 7b77#e71 ^: lawful p]man5t resid5t /atus on a conditional basis is t]m9at$ "u section #baf;,a1 %all cont9ue to be consid]$ a *ild ( ! pr9cipal ali5 = ! purpose ( a subsequ5t immigrant petition by su* ali5 "u subsection 7b77#e7 if ! ali5 rema9s unm>ri$ & ! subsequ5t petition is fil$ by ! pr9cipal ali5 n lat] ?an #a ye> aft] ! t]m9ation ( conditional lawful p]man5t resid5t /atus4 ,no ali5 %all be consid]$ a *ild "u ?is p>agraph ) respect to m ?an #a petition fil$ aft] ! ali5's #ba/ bir?day4 4 7c7 ,enhanc$ pay scale = c]ta9 f$]al employees adm9i/]+ ! ,,eb-#e program ,! ,secret>y may e/abli%1 fix ! comp5sation (1 & appo9t individuals to1 designat$ critical adm9i/rative1 te*nical1 & pr(essional positions ne$$ to adm9i/] sections #bjc7;b77#e7 & #baf;,a ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aaec7;b77#e7 & #aahf;b74 7d7 ,delegation ( c]ta9 ,,eb-#e au?ority 7#a7 ,9 g5]al ,! ,secret>y ( ,homel& ,security may delegate to ! ,secret>y ( ,comm]ce au?ority & responsibility = det]m9ations "u sections #bjc7;b77#e7 & #baf;,a 7) respect to ali5 entrepr5eurs7 ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aaec7;b77#e7 & #aahf;a71 includ+ det]m9+ :e!r an ali5 has met employm5t creation requirem5ts4 7#b7 ,regulations ,! ,secret>y ( ,homel& ,security & ! ,secret>y ( ,comm]ce may ea* adopt su* rules & regulations z are necess>y to c>ry out ! delegation au?oriz$ "u p>agraph 7#a71 includ+ regulations gov]n+ ! eligibility crit]ia = obta9+ b5efits pursuant to ! am5dm5ts made by ?is section4 7#c7 ,use ( fees ,adjudication fees describ$ 9 section #bhf7m7 ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #acef7m77 %all rema9 available until exp5d$ to reimburse ! ,secret>y ( ,comm]ce = ! co/s ( any det]m9ations made by ! ,secret>y ( ,comm]ce "u p>agraph 7#a74 7e7 ,concurr5t fil+ ( ,,eb-#e petitions & applications = adju/m5t ( /atus ,section #bde 7#h ,u4,s4,c4 #abee7 ( ! ,immigration & ,nationality ,act is am5d$-- 7#a7 9 subsection 7k71 9 ! matt] prec$+ p>agraph 7#a71 by /rik+ or 7#c7 & ins]t+ 7#c71 or 7#e72 & 7#b7 by add+ at ! end ! foll[+3 7n7 ,at ! "t a petition is fil$ = classification "u section #bjc7;b77#e71 if ! approval ( su* petition w\ld make a visa imm$iately available to ! ali5 b5efici>y1 ! ali5 b5efici>y's application = adju/m5t ( /atus "u ?is section %all be consid]$ to be prop]ly fil$ :e!r ! application is submitt$ concurr5tly )1 or subsequ5t to1 ! visa petition4 4 7f7 ,te*nical am5dm5t ,section #bjc7;b77#e7 ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aaec7;b77#e771 z am5d$ by ?is ,act1 is fur!r am5d$ by /rik+ ,attorney ,g5]al ea* place x appe>s & ins]t+ ,secret>y ( ,homel& ,security4 #f4 ,num]ical ,limitations on individual =eign /ates 7a7 ,num]ical limitation to any s+le =eign /ate ,section #bjb7;a77#b7 ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aaeb7;a77#b77 is am5d$-- 7#a7 9 ! p>agraph head+1 by /rik+ & employm5t-bas$2 7#b7 by /rik+ 7#c71 7#d71 & 7#e71 & ins]t+ 7#c7 & 7#d712 7#c7 by /rik+ subsections 7a7 & 7b7 ( section #bjc & ins]t+ section #bjc7;a72 7#d7 by /rik+ #g & ins]t+ #ae2 & 7#e7 by /rik+ su* subsections & ins]t+ su* section4 7b7 ,con=m+ am5dm5ts ,section #bjb ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aaeb7 is am5d$-- 7#a7 9 subsection 7a7-- 7,a7 9 p>agraph 7#c71 by /rik+ bo? subsections 7a7 & 7b7 ( section #bjc & ins]t+ section #bjc7;a72 & 7,b7 by /rik+ p>agraph 7#e72 & 7#b7 by am5d+ subsection 7e7 to read z foll[s3 7e7 ,special rules = c\ntries at ceil+ ,if x is det]m9$ t ! total numb] ( immigrant visas made available "u section #bjb7;a7 to natives ( any s+le =eign /ate or dep5d5t area w exce$ ! num]ical limitation specifi$ 9 subsection 7a77#b7 9 any fiscal ye>1 9 det]m9+ ! allotm5t ( immigrant visa numb]s to natives "u section #bjc7;a71 visa numb]s ) respect to natives ( t /ate or area %all be allocat$ 7to ! ext5t practicable & o!rwise consi/5t ) ?is section & section #bjc7 9 a mann] s t1 except z provid$ 9 subsection 7a77#d71 ! proportion ( ! visa numb]s made available "u ea* ( p>agraphs 7#a7 ?r\gh 7#d7 ( section #bjc7;a7 is equal to ! ratio ( ! total numb] ( visas made available "u ! respective p>agraph to ! total numb] ( visas made available "u section #bjc7;a74 4 7c7 ,c\ntry-,specific (fset ,section #b ( ! ,*9ese ,/ud5t ,protection ,act ( #aiib 7#h ,u4,s4,c4 #abee note7 is am5d$-- 7#a7 9 subsection 7a71 by /rik+ subsection 7e77 & ins]t+ subsection 7d772 & 7#b7 by /rik+ subsection 7d7 & r$esignat+ subsection 7e7 z subsection 7d74 7d7 ,effective date ,! am5dm5ts made by ?is section %all take effect #a ye> aft] ! date ( ! enactm5t ( ?is ,act4 #g4 ,applicability ( ,=eign ,corrupt ,practices ,act ,! ,=eign ,corrupt ,practices ,act 7#ae ,u4,s4,c4 #gh;a et seq47 %all apply to any petition "u section #bjc7;b77#e74 #h4 ,regulations ,n lat] ?an #ahj days aft] ! effective date ( ?is subtitle1 ! ,secret>y ( ,homel& ,security %all make rules to c>ry out ?is ,act & ! am5dm5ts made by ?is ,act4 #i4 ,consultation ) ,secret>y ( ,comm]ce ,! ,secret>y ( ,homel& ,security may consult ) ! ,secret>y ( ,comm]ce 9 c>ry+ out ?is ,act & ! am5dm5ts made by ?is ,act4 #aj4 ,effective date ,?is ,act & ! am5dm5ts made by ?is ,act %all take effect beg9n+ on ! date t is #f mon?s aft] ! date ( enactm5t ( ?is ,act4