,i #aad? ,,congress #b;d ,session ,h4 ,r4 #eiib ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,septemb] #ab1 #bjaf,mr4 ,goodlatte 7= himself & ,mr4 ,cony]s7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ! ,judici>y ,a ,,bill ,to am5d section #bjc7;b77#e7 ( ! ,immigration & ,nationality ,act to implem5t new re=ms1 & to reau?orize ! ,,eb-#e ,regional ,c5t] ,program1 9 ord] to promote & re=m =eign capital inve/m5t & job creation 9 communities 9 ! ,unit$ ,/ates1 & = o!r purposes4 #a4 ,%ort title2 table ( cont5ts 7a7 ,%ort title ,?is ,act may be cit$ z ! ,am]ican ,job ,creation & ,inve/m5t ,promotion ,re=m ,act ( #bjaf4 7b7 ,table ( cont5ts ,! table ( cont5ts = ?is ,act is z foll[s3 ,sec4 #a4 ,%ort title2 table ( cont5ts4 ,sec4 #b4 ,new ,,eb-#e g5]al provisions4 ,sec4 #c4 ,reau?orization & re=m ( ! ,regional ,c5t] ,program4 ,sec4 #d4 ,o!r ,,eb-#e visa re=ms4 ,sec4 #e4 ,conditional p]man5t resid5t /atus = ali5 inve/ors1 sp\ses1 & *ildr54 ,sec4 #f4 ,proc$ure = grant+ immigrant /atus4 ,sec4 #g4 ,timely process+4 ,sec4 #h4 ,transp>5cy4 ,sec4 #i4 ,reports4 #b4 ,new ,,eb-#e g5]al provisions 7a7 ,9 g5]al ,section #bjc7;b77#e7 ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aaec7;b77#e77 is am5d$ by ins]t+ aft] subp>agraph 7,c7 ! foll[+3 7,d7 ,s\rce ( funds 7i7 ,9 g5]al ,an ali5 inve/or %all demon/rate t ! capital requir$ "u subp>agraph 7,a7 & any funds us$ to pay adm9i/rative co/s & fees associat$ ) ! ali5's inve/m5t 7 obta9$ f a lawful s\rce & ?r\gh lawful means4 7ii7 ,requir$ in=mation ,! ,secret>y ( ,homel& ,security %all require1 z applicable1 t an ali5 inve/or's petition "u ?is p>agraph conta9-- 7,i7 bus9ess & tax records1 or simil> records1 includ+1 b n limit$ to-- 7aa7 =eign bus9ess regi/ration records2 7bb7 to ! ext5t su* tax returns h be5 prep>$1 corporate or p>tn]%ip tax returns 7or tax returns ( any o!r entity 9 any =m fil$ 9 any c\ntry or subdivision ( su* c\ntry71 & p]sonal tax returns includ+ income1 fran*ise1 prop]ty 7:e!r real1 p]sonal1 or intangible71 or any o!r tax returns ( any k9d1 fil$ )9 #g ye>s1 ) any tax+ jurisdiction 9 or outside ! ,unit$ ,/ates by or on behalf ( ! ali5 inve/or2 & 7cc7 evid5ce id5tify+ any o!r s\rce ( capital or adm9i/rative fees2 7,,ii7 evid5ce relat$ to monet>y judgm5ts aga9/ ! ali5 inve/or1 includ+ c]tifi$ copies ( any judgm5ts1 & evid5ce ( all p5d+ gov]nm5tal civil or crim9al actions1 gov]nm5tal adm9i/rative proce$+s1 & any private civil actions 7p5d+ or o!rwise7 involv+ possible monet>y judgm5ts aga9/ ! ali5 inve/or f any c\rt 9 or outside ! ,unit$ ,/ates2 & 7,,iii7 ! id5tity ( all p]sons :o transf] into ! ,unit$ ,/ates1 on behalf ( ! ali5 inve/or-- 7aa7 any funds t are us$ to meet ! capital requirem5t "u subp>agraph 7,a72 & 7bb7 any funds t are us$ to pay adm9i/rative co/s & fees associat$ ) ! ali5's inve/m5t4 7iii7 ,gift re/rictions ,gift$ funds may be c\nt$ t[>d ! m9imum capital inve/m5t requirem5t "u subp>agraph 7,b7 only if su* funds 7 gift$ to ! ali5 inve/or by ! ali5 inve/or's sp\se1 p>5t1 son1 or daught] 7b n *ildr5 7z def9$ 9 section #aja7;b77#a7771 sibl+1 or gr&p>5t & su* funds 7 gift$ 9 good fai? & n to circumv5t any limitations impos$ on p]missible s\rces ( capital "u ?is subp>agraph4 ,if a significant portion ( ! capital inve/$ "u subp>agraph 7,a7 0 gift$ to ! ali5 inve/or1 ! ,secret>y %all require ! ali5 inve/or's petition "u ?is p>agraph to include records describ$ 9 subclauses 7,i7 & 7,,ii7 ( clause 7ii7 f ! donor4 7iv7 ,loan re/rictions ,capital d]iv$ f indebt$ness may be c\nt$ t[>d ! m9imum capital inve/m5t requirem5t "u subp>agraph 7,b7 only if su* capital is-- 7,i7 secur$ by assets own$ by ! ali5 inve/or2 & 7,,ii7 issu$ by a bank+ or l5d+ in/itution t is prop]ly *>t]$ or lic5s$ "u ! laws ( any ,/ate1 t]ritory1 c\ntry1 or applicable jurisdiction1 & t is n sanction$ or re/rict$1 :i* ! ,secret>y %all det]m9e aft] consult+ ) relevant comm]cial or gov]nm5t databases1 su* z ^? ( ! ,dep>tm5t ( ! ,treasury's ,(fice ( ,=eign ,assets ,control1 ,(fice ( ,t]rori/ ,f9anc+ & ,f9ancial ,crimes1 & ,f9ancial ,crimes ,en=cem5t ,network4 7,e7 ,?reats to ! national int]e/ 7i7 ,d5ial or revocation ,! ,secret>y ( ,homel& ,security %all d5y or revoke ! approval ( a petition1 application1 or b5efit describ$ 9 ?is p>agraph1 includ+ ! docum5ts describ$ 9 clause 7ii71 if ! ,secret>y det]m9es t ! approval ( su* petition1 application1 or b5efit is contr>y to ! national int]e/ ( ! ,unit$ ,/ates = reasons relat+ to ?reats to public safety or national security4 7ii7 ,docum5ts ,! docum5ts describ$ 9 ?is clause are-- 7,i7 a c]tification1 designation1 or am5dm5t to ! designation1 ( a regional c5t]2 7,,ii7 a petition seek+ classification ( an ali5 z an ali5 inve/or "u ?is p>agraph2 7,,iii7 a petition to remove conditions "u section #baf;,a2 or 7,,iv7 an application = approval ( a bus9ess plan 9 a new comm]cial ent]prise "u subp>agraph 7,i74 7iii7 ,deb>m5t ,if a regional c5t]1 new comm]cial ent]prise1 or job-creat+ entity has its designation or p>ticipation 9 ! program "u ?is p>agraph t]m9at$ = reasons relat+ to public safety or national security1 any p]son associat$ ) su* regional c5t]1 new comm]cial ent]prise1 or job-creat+ entity1 includ+ an ali5 inve/or1 %all be p]man5tly b>r$ f future p>ticipation 9 ! program "u ?is p>agraph if ! ,secret>y ( ,homel& ,security1 9 ! ,secret>y's discretion1 det]m9es1 by a prepond]ance ( ! evid5ce1 t su* p]son 0 a kn[+ p>ticipant 9 ! conduct t l$ to ! t]m9ation4 7iv7 ,notice ,if ! ,secret>y ( ,homel& ,security det]m9es t ! approval ( a petition1 application1 or b5efit describ$ 9 ?is p>agraph %\ld be d5i$ or revok$ pursuant to clause 7i71 ! ,secret>y %all-- 7,i7 notify ! relevant individual1 regional c5t]1 or comm]cial entity ( su* det]m9ation2 & 7,,ii7 d5y or revoke su* petition1 application1 or b5efit or t]m9ate ! p]man5t resid5t /atus ( ! ali5 7& ! ali5 sp\se & ali5 *ildr5 ( su* immigrant71 z provid$ 9 clause 7i7 z ( ! date ( su* det]m9ation4 7v7 ,judicial review ,not)/&+ any o!r provision ( law 7/atutory or non/atutory71 includ+ section #bbda ( title #bh1 ,unit$ ,/ates ,code1 or any o!r habeas corpus provision1 & sections #acfa & #afea ( su* title1 no c\rt %all h jurisdiction to review a d5ial or revocation "u ?is subp>agraph4 ,no?+ 9 ?is clause may be con/ru$ z preclud+ review ( con/itutional claims or que/ions ( law rais$ ^u a petition = review fil$ ) an appropriate c\rt ( appeals 9 accordance ) section #bdb4 7,f7 ,fraud1 misrepres5tation1 & crim9al misuse 7i7 ,d5ial or revocation ,! ,secret>y ( ,homel& ,security %all d5y or revoke ! approval ( a petition1 application1 or b5efit describ$ 9 ?is p>agraph1 includ+ ! docum5ts describ$ 9 subp>agraph 7,e77ii71 if ! ,secret>y det]m9es t su* petition1 application1 or b5efit 0 pr$icat$ on or involv$ fraud1 deceit1 int5tional mat]ial misrepres5tation1 or crim9al misuse4 7ii7 ,deb>m5t ,if a regional c5t]1 new comm]cial ent]prise1 or job-creat+ entity has its designation or p>ticipation 9 ! program "u subp>agraph 7,h7 t]m9at$ = reasons relat+ to fraud1 int5tional mat]ial misrepres5tation1 or crim9al misuse1 any p]son associat$ ) su* regional c5t]1 new comm]cial ent]prise1 or job-creat+ entity1 includ+ an ali5 inve/or1 %all be p]man5tly b>r$ f future p>ticipation 9 ! program "u subp>agraph 7,h7 if ! ,secret>y ( ,homel& ,security det]m9es1 by a prepond]ance ( ! evid5ce1 t su* p]son 0 a kn[+ p>ticipant 9 ! conduct t l$ to ! t]m9ation4 7iii7 ,notice ,if ! ,secret>y ( ,homel& ,security det]m9es t ! approval ( a petition1 application1 or b5efit describ$ 9 ?is p>agraph %\ld be d5i$ or revok$ pursuant to clause 7i71 ! ,secret>y %all-- 7,i7 notify ! relevant individual1 regional c5t]1 or comm]cial entity ( su* det]m9ation2 & 7,,ii7 d5y or revoke su* petition1 application1 or b5efit or t]m9ate ! p]man5t resid5t /atus ( ! ali5 7& ! ali5 sp\se & ali5 *ildr5 ( su* immigrant7 z provid$ 9 clause 7i7 z ( ! date ( su* det]m9ation4 7,g7 ,adm9i/rative appellate review 7i7 ,9 g5]al ,! ,director ( ,u4,s4 ,citiz5%ip & ,immigration ,s]vices %all provide an opportunity = an adm9i/rative appellate review by ! ,adm9i/rative ,appeals ,(fice ( ,u4,s4 ,citiz5%ip & ,immigration ,s]vices ( any det]m9ation made "u ?is p>agraph1 includ+-- 7,i7 an application = regional c5t] designation or regional c5t] am5dm5t2 7,,ii7 an application = approval ( a bus9ess plan "u subp>agraph 7,i72 7,,iii7 a petition by an ali5 inve/or = /atus z an immigrant "u ?is p>agraph2 7,,iv7 ! t]m9ation or susp5sion ( any b5efit accord$ "u ?is p>agraph2 & 7,v7 any sanction impos$ by ! ,secret>y ( ,homel& ,security pursuant to ?is p>agraph4 7ii7 ,judicial review ,subject to section #bdb7;a77#b71 & not)/&+ any o!r provision ( law 7/atutory or non/atutory71 includ+ section #bbda ( title #bh1 ,unit$ ,/ates ,code1 or any o!r habeas corpus provision1 & sections #acfa & #afea ( su* title1 no c\rt %all h jurisdiction to review a det]m9ation "u ?is p>agraph until ! regional c5t]1 its associat$ entities1 or ! ali5 inve/or has exhau/$ all adm9i/rative appeals4 4 7b7 ,effective dates 7#a7 ,9 g5]al ,except z provid$ 9 p>agraph 7#b71 ! am5dm5t made by subsection 7a7 %all be effective at any "t aft] ! date ( ! enactm5t ( ?is ,act1 z det]m9$ by ! ,secret>y1 & %all be effective n lat] ?an #ij days aft] su* date ( enactm5t4 7#b7 ,exceptions ,subp>agraph 7,d7 ( section #bjc7;b77#e7 ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aaec7;b77#e771 z ins]t$ by subsection 7a71 %all n apply to a petition t-- 7,a7 0 fil$ by an ali5 inve/or "u su* section #bjc7;b77#e7 prior to ,june #a1 #bjae2 7,b7 0 fil$ by an ali5 inve/or "u su* section #bjc7;b77#e7 dur+ ! p]iod beg9n+ on ,june #a1 #bjae1 & end+ on ! date ( ! enactm5t ( ?is ,act if su* b5efici>y is inve/+ 9 ! same comm]cial ent]prise conc]n+ ! same economic activity z conta9$ 9 an exempl> fil$ prior to ,june #a1 #bjae1 or approv$ by ! ,secret>y ( ,homel& ,security at any "t prior to ! date ( enactm5t ( ?is ,act1 unless ! ,secret>y det]m9es t su* approval or fil+ 0 bas$ on fraud1 misrepres5tation 9 ! record ( proce$+1 or is legally defici5t2 or 7,c7 is fil$ "u section #baf;,a ( su* ,act 7#h ,u4,s4,c4 #aahf;b7 if ! und]ly+ petition fil$ "u section #bjc7;b77#e7 ( su* ,act 0 fil$ prior to ,june #a1 #bjae1 or approv$ be=e ! date ( ! enactm5t ( ?is ,act4 #c4 ,reau?orization & re=m ( ! regional c5t] program 7a7 ,repeal ,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$4 7b7 ,au?orization ,section #bjc7;b77#e7 ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aaec7;b77#e771 z am5d$ by section #b1 is fur!r am5d$ by ins]t+ aft] subp>agraph 7,g7 ! foll[+3 7,h7 ,regional c5t] program 7i7 ,9 g5]al ,visas "u ?is p>agraph %all be made available ?r\gh ,septemb] #cj1 #bjba1 to qualifi$ immigrants 7& ! eligible sp\ses & *ildr5 ( su* immigrants7 pool+ _! inve/m5ts ) "o or m additional qualifi$ immigrants p>ticipat+ 9 a program implem5t+ ?is p>agraph t promotes economic gr[?1 includ+ prospective job creation & increas$ dome/ic capital inve/m5t1 ?r\gh regional c5t]s op]at+ )9 def9$ geographic areas & designat$ by ! ,secret>y ( ,homel& ,security bas$ ^u proposals = conc5trat+ pool$ inve/m5t )9 su* areas4 7ii7 ,process+ ,9 process+ petitions "u section #bjd7;a77#a77;,h7 = classification pursuant to ?is subp>agraph1 ! ,secret>y ( ,homel& ,security-- 7,i7 may process petitions 9 a mann] & ord] e/abli%$ by ! ,secret>y2 & 7,,ii7 %all deem su* petitions to include records previ\sly fil$ ) ! ,secret>y pursuant to subp>agraph 7,i7 if ! ali5 petition] c]tifies t su* records are incorporat$ by ref]5ce into ! ali5's petition4 7iii7 ,e/abli%m5t ( a regional c5t] ,! manag] ( a prospective regional c5t] %all file a proposal1 z provid$ 9 clause 7i71 ) ! ,secret>y ( ,homel& ,security reque/+ t ! ,secret>y designate ! regional c5t] = purposes ( ?is subp>agraph4 ,a regional c5t] %all op]ate )9 a def9$ & limit$ geographic area1 :i* %all be describ$ 9 ! proposal & %all be consi/5t ) ! purpose ( conc5trat+ pool$ inve/m5t )9 su* area4 ,! proposal %all demon/rate t ! pool$ inve/m5t w h a significant economic impact on su* area1 & %all include-- 7,i7 reasonable pr$ictions1 support$ by economically & /ati/ically valid =eca/+ tools1 conc]n+-- 7aa7 ! am\nt ( inve/m5t t w be pool$2 7bb7 ! k9ds ( new comm]cial ent]prises t w receive su* inve/m5ts2 7cc7 details ( ! jobs t w be creat$ directly or indirectly z a result ( su* inve/m5ts2 & 7dd7 o!r positive economic effects su* inve/m5ts w h2 & 7,,ii7 a description ( ! policies & proc$ures 9 place reasonably design$ to monitor new comm]cial ent]prises & any affiliat$ job-creat+ entity to ensure compliance )-- 7aa7 all applicable laws1 regulations1 & ,executive ord]s ( ! ,unit$ ,/ates1 includ+ immigration laws & securities laws2 & 7bb7 all securities laws ( ea* ,/ate 9 :i* securities (f]+s w be conduct$1 inve/m5t advice w be r5d]$1 or ! (f]ors or (f]ees reside4 7iv7 ,indirect job creation ,! ,secret>y ( ,homel& ,security %all p]mit ali5s seek+ admission "u ?is subp>agraph to satisfy only up to #ij p]c5t ( ! requirem5t "u subp>agraph 7,a77ii7 ) jobs t are e/imat$ to be creat$ indirectly ?r\gh inve/m5t 9 accordance ) ?is subp>agraph4 ,an employee ( ! new comm]cial ent]prise or job-creat+ entity may be consid]$ to hold a job t has be5 directly creat$4 7v7 ,compliance 7,i7 ,9 g5]al ,9 det]m9+ compliance ) subp>agraph 7,a77ii71 ! ,secret>y ( ,homel& ,security %all p]mit ali5s seek+ admission "u ?is subp>agraph to rely on economically & /ati/ically valid me?odologies = det]m9+ ! numb] ( jobs creat$ by ! program1 includ+-- 7aa7 jobs e/imat$ to h be5 creat$ directly1 :i* may be v]ifi$ us+ su* me?odologies1 except t ! ,secret>y may reque/ additional evid5ce to v]ify t ! directly creat$ jobs satisfy ! requirem5ts "u subp>agraph 7,a77ii72 & 7bb7 consi/5t ) ?is subp>agraph1 jobs e/imat$ to h be5 creat$ indirectly ?r\gh rev5ues g5]at$ f increas$ exports1 improv$ regional productivity1 job creation1 & increas$ dome/ic capital inve/m5t result+ f ! program4 7,,ii7 ,job & inve/m5t requirem5ts 7aa7 ,relocat$ jobs ,9 det]m9+ compliance ) ! job creation requirem5t "u subp>agraph 7,a77ii71 ! ,secret>y may include jobs e/imat$ to be creat$ "u a me?odology :]eby jobs are attributable to prospective t5ants occupy+ comm]cial real e/ate creat$ or improv$ by capital inve/m5ts1 b only if ! numb] ( su* jobs e/imat$ to be creat$ has be5 det]m9$ by an economically & /ati/ically valid me?odology & su* jobs are n exi/+ jobs t h be5 relocat$4 7bb7 ,publicly available bonds ,ali5 inve/or capital may n be utiliz$1 by a new comm]cial ent]prise or o!rwise1 to pur*ase municipal bonds or any o!r bonds1 if su* bonds are available to ! g5]al public1 ei!r z "p ( a prim>y (f]+ or f a second>y m>ket4 7cc7 ,con/ruction activity jobs ,! l5g? ( full-"t con/ruction activity jobs t la/ %ort] ?an #bd mon?s may be aggregat$ to satisfy ! employm5t creation requirem5t "u subp>agraph 7,a77ii7 = ali5 inve/ors p>ticipat+ 9 ! program describ$ 9 ?is subp>agraph4 ,a con/ruction activity job may be consid]$ a job t is creat$ directly4 7vi7 ,am5dm5ts ,! ,secret>y ( ,homel& ,security %all-- 7,i7 require a regional c5t] to give advance notice to1 & obta9 approval f1 ! ,secret>y ( significant propos$ *anges to its organizational /ructure1 own]%ip1 or adm9i/ration1 includ+ ! sale ( su* c5t] or o!r arrangem5ts 9 :i* individuals n previ\sly subject to ! requirem5ts "u subp>agraph 7,k7 become involv$ ) ! regional c5t]1 be=e any su* propos$ *anges may take effect unless exig5t circum/ances are pres5t 9 :i* case ! regional c5t] %all provide notice to ! ,secret>y )9 #e bus9ess days ( su* *ange2 7,,ii7 approve ! *anges ref]r$ to 9 subclause 7,i7 only aft]-- 7aa7 notice ( any su* propos$ *anges are made publicly available ?r\gh a publicly accessible ,web site ( ,u4,s4 ,citiz5%ip & ,immigration ,s]vices = a p]iod ( n few] ?an #cj days2 & 7bb7 ! ,secret>y det]m9es t ! regional c5t] w\ld rema9 compliant ) ?is subp>agraph & ) subp>agraph 7,k72 & 7,,iii7 not)/&+ ! p5d5cy ( a reque/ = approval ( any am5dm5t t has be5 fil$ pursuant to subclause 7,i71 adjudicate bus9ess plans "u subp>agraph 7,i7 & petitions "u section #bjd7;a77#a77;,h74 7,i7 ,bus9ess plans = regional c5t] inve/m5ts 7i7 ,application = approval ( an inve/m5t 9 a new comm]cial ent]prise ,a regional c5t] %all file an application ) ! ,secret>y ( ,homel& ,security = ea* p>ticul> inve/m5t (f]+ 9 or ?r\gh an associat$ new comm]cial ent]prise be=e any ali5 files a petition = classification "u ?is p>agraph by reason ( inve/m5t 9 t (f]+1 :i* %all include-- 7,i7 a compreh5sive bus9ess plan = a specific capital inve/m5t project2 7,,ii7 a cr$ible economic analysis reg>d+ e/imat$ job creation t is bas$ ^u economically & /ati/ically valid me?odologies2 7,,iii7 any docum5ts fil$ ) ! ,securities & ,ex*ange ,commission "u ! ,securities ,act ( #aicc 7#ae ,u4,s4,c4 #gg;a et seq47 or ) ! securities regulator ( any ,/ate1 z requir$ by law2 7,,iv7 any inve/m5t & (f]+ docum5ts1 includ+ subscription1 inve/m5t1 p>tn]%ip1 & op]at+ agreem5ts1 private placem5t memor&a1 t]m %eets1 biographies = managem5t1 (fic]s1 directors1 & any individual ) simil> responsibilities1 ! description ( ! bus9ess plan to be provid$ to pot5tial ali5 inve/ors1 & m>ket+ mat]ials us$ or drafts prep>$ = use 9 connection ) ! (f]+1 :i* %all conta9 ref]5ces1 z appropriate1 to any-- 7aa7 inve/m5t risks associat$ ) ! new comm]cial ent]prise & ! job-creat+ entity2 7bb7 conflicts ( int]e/ t curr5tly exi/ or may arise among ! regional c5t]1 new comm]cial ent]prise1 job-creat+ entity1 or ! pr9cipals or attorneys ( ! a=em5tion$ entities2 7cc7 p5d+ mat]ial litigation or bankruptcy1 or adv]se judgm5ts or bankruptcy ord]s issu$ dur+ ! mo/ rec5t #aj-ye> p]iod1 9 ! ,unit$ ,/ates or abroad1 affect+ ! regional c5t]1 ! new comm]cial ent]prise1 any affiliat$ job-creat+ entity1 or any o!r ent]prise 9 :i* any pr9cipal ( ! a=em5tion$ entities held majority own]%ip at ! "t2 & 7dd7 7,,aa7 fees1 ongo+ int]e/1 or o!r comp5sation t has be5 paid1 or w be paid1 to any p]son 9 connection ) ! inve/m5t1 includ+ ag5ts1 f9d]s1 or brok] deal]s involv$ 9 ! (f]+1 & ( :i* ! regional c5t] or new comm]cial ent]prise has k2 7,,bb7 a description ( ! s]vices p]=m$1 or :i* w be p]=m$1 by su* p]son to entitle ! p]son to su* fees1 int]e/1 or comp5sation2 & 7,,cc7 ! "n & contact in=mation ( any su* p]son2 7,v7 a description ( ! policies & proc$ures1 su* z ^? relat$ to int]nal & ext]nal due dilig5ce1 reasonably design$ to cause ! regional c5t]1 new comm]cial ent]prise1 & any affiliat$ job-creat+ entity1 _! ag5ts1 employees1 advisors1 & attorneys1 & any p]sons 9 active conc]t or p>ticipation ) ! regional c5t]1 new comm]cial ent]prise1 or any affiliat$ job-creat+ entity to comply1 z applicable1 ) ! securities laws ( ! ,unit$ ,/ates & ! laws ( ! applicable ,/ates 9 connection ) ! (f]1 pur*ase1 or sale ( _! securities2 7,,vi7 a c]tification f ! regional c5t] & any issu] ( securities t is affiliat$ ) ! regional c5t] t _! respective ag5ts1 employees1 advisors1 & attorneys1 & any p>ties associat$ ) ! regional c5t] or ! issu] ( securities t is affiliat$ ) ! regional c5t]1 are 9 compliance ) ! securities laws ( ! ,unit$ ,/ates & ! laws ( ! applicable ,/ates 9 connection ) ! (f]1 pur*ase1 or sale ( its securities1 to ! be/ ( ! c]tifi]'s k1 aft] a due dilig5ce inve/igation2 & 7,,vii7 docum5tation demon/rat+ t ! regional c5t] consult$ ) a local economic developm5t ag5cy or municipality reg>d+ ! capital inve/m5t project1 :i* %all address-- 7aa7 ! numb] & type ( jobs anticipat$ to be creat$2 & 7bb7 :e!r ! project is consi/5t ) ! ag5cy or municipality's plan = economic developm5t 9 ! region4 7ii7 ,effect ( approval ( a bus9ess plan = an inve/m5t 9 a regional c5t]'s new comm]cial ent]prise ,! approval ( an application "u ?is subp>agraph %all be b9d+ = purposes ( ! adjudication ( subsequ5t petitions seek+ classification "u ?is p>agraph by immigrants inve/+ 9 ! same capital inve/m5t project ?r\gh a new comm]cial ent]prise1 & ( petitions by ! same immigrants fil$ "u section #baf;,a1 except 9 ! case ( fraud1 misrepres5tation1 crim9al misuse1 a ?reat to public safety or national security1 a mat]ial *ange t affects ! program eligibility ( ! approv$ economic model1 o!r evid5ce affect+ program eligibility t 0 n disclos$ by ! applicant dur+ ! adjudication process1 or a mat]ial mi/ake ( law or fact 9 ! prior adjudication4 7iii7 ,site visits ,! ,secret>y %all-- 7,i7 p]=m site visits to regional c5t]s2 & 7,,ii7 p]=m at lea/ #a site visit to ea* new comm]cial ent]prise & job-creat+ entity1 :i*-- 7aa7 %all include a review = evid5ce ( direct job creation 9 accordance ) subp>agraph 7,h77v77,i72 & 7bb7 may occur at any "t dur+ ! p]iod betwe5 ! fil+ ( an application = approval ( an inve/m5t 9 a new comm]cial ent]prise "u ?is subp>agraph & ! adjudication ( ! fir/ petition = removal ( conditions on lawful p]man5t resid5t /atus "u section #baf;,a7c7 fil$ by an ali5 inve/+ 9 su* inve/m5t4 7,j7 ,regional c5t] annual /atem5ts 7i7 ,9 g5]al ,ea* regional c5t] designat$ "u subp>agraph 7,h7 %all annually submit a /atem5t to ! ,director ( ,unit$ ,/ates ,citiz5%ip & ,immigration ,s]vices 7ref]r$ to 9 ?is subp>agraph z ! ,director71 9 a mann] prescrib$ by ! ,secret>y ( ,homel& ,security1 :i* %all include-- 7,i7 a c]tification /at+ t1 to ! be/ ( ! c]tifi]'s k1 aft] a due dilig5ce inve/igation1 ! regional c5t]1 ! new comm]cial ent]prise1 & any affiliat$ job-creat+ entity1 are 9 compliance ) clauses 7i7 & 7ii7 ( subp>agraph 7,k72 7,,ii7 a c]tification describ$ 9 subp>agraph 7,l77ii77,,ii72 7,,iii7 a c]tification /at+ t1 to ! be/ ( ! c]tifi]'s k1 aft] a due dilig5ce inve/igation1 ! regional c5t] is 9 compliance ) subp>agraph 7,n77iii72 7,,iv7 a description ( any p5d+ mat]ial litigation or bankruptcy proce$+s1 or litigation or bankruptcy proce$+s resolv$ dur+ ! prec$+ fiscal ye>1 involv+ ! regional c5t]1 new comm]cial ent]prise1 or any affiliat$ job-creat+ entity2 7,v7 an acc\nt+ ( all ali5 inve/or capital inve/$ pursuant to subp>agraph 7,h7 9 ! regional c5t]1 new comm]cial ent]prise1 or job-creat+ entity2 7,,vi7 = ea* new comm]cial ent]prise associat$ ) ! regional c5t]-- 7aa7 an acc\nt+ ( ! aggregate capital inve/$ 9 ! new comm]cial ent]prise & job-creat+ entity by ali5 inve/ors "u ?is p>agraph = ea* capital inve/m5t project be+ und]tak5 by ! new comm]cial ent]prise2 7bb7 a description ( h[ su* capital is be+ us$ to execute ea* capital inve/m5t project 9 ! fil$ bus9ess plan or plans2 7cc7 evid5ce t #ajj p]c5t ( su* capital has actually be5 committ$ to ea* capital inve/m5t project2 7dd7 detail$ evid5ce ( ! progress made t[>d ! completion ( ea* capital inve/m5t project2 7ee7 an acc\nt+ ( ! aggregate direct jobs creat$ or pres]v$2 7ff7 to ! be/ ( ! regional c5t]'s k1 = all fees1 includ+ adm9i/rative fees1 loan monitor+ fees1 loan managem5t fees1 commissions & simil> transaction-bas$ comp5sation1 collect$ f ali5 inve/ors by ! regional c5t]1 new comm]cial ent]prise1 any affiliat$ job-creat+ entity1 or issu] ( securities associat$ ) ! regional c5t]1 or any promot]1 f9d]1 brok]-deal]1 or o!r entity engag$ by any ( ! =ego+ to locate ali5 inve/ors inve/+ pursuant to subp>agraph 7,h7-- 7,,aa7 a description ( all fees collect$2 7,,bb7 an acc\nt+ ( ! entities t receiv$ su* fees2 & 7,,cc7 ! purpose = :i* su* fees 7 collect$2 7gg7 any docum5tation ref]r$ to 9 subp>agraph 7,i77i77,,iv71 if !re has be5 a mat]ial *ange dur+ ! prec$+ fiscal ye>2 & 7hh7 a c]tification by ! regional c5t] t su* /atem5ts are accurate1 to ! be/ ( ! c]tifi]'s k1 aft] a due dilig5ce inve/igation2 & 7,,vii7 a description ( ! regional c5t]'s policies & proc$ures t are design$ to enable ! regional c5t] to comply ) applicable ,f$]al labor laws4 7ii7 ,am5dm5t ( annual /atem5ts ,! ,director-- 7,i7 %all require ! regional c5t] to am5d or supplem5t an annual /atem5t requir$ "u clause 7i7 if ! ,director det]m9es t su* /atem5t is defici5t2 & 7,,ii7 may require ! regional c5t] to am5d or supplem5t su* annual /atem5t if ! ,director det]m9es t su* an am5dm5t or supplem5t is appropriate4 7iii7 ,sanctions 7,i7 ,effect ( violation ,! ,director %all sanction any regional c5t] entity 9 accordance ) subclause 7,,ii7 if ! regional c5t] fails to submit an annual /atem5t or if ! ,director det]m9es t ! regional c5t]-- 7aa7 kn[+ly submitt$ or caus$ to be submitt$ a /atem5t1 c]tification1 or any in=mation submitt$ pursuant to ?is subp>agraph t conta9$ an untrue /atem5t ( mat]ial fact2 or 7bb7 is conduct+ itself 9 a mann] inconsi/5t ) its designation1 includ+ any willful1 undisclos$1 & mat]ial deviation by new comm]cial ent]prises f any fil$ bus9ess plan = su* comm]cial ent]prises4 7,,ii7 ,au?oriz$ sanctions ,! ,director %all e/abli% a graduat$ set ( sanctions bas$ on ! sev]ity ( ! violations ref]r$ to 9 subclause 7,i71 includ+-- 7aa7 f9es equal to n m ?an #aj p]c5t ( ! total capital inve/$ by ali5 inve/ors 9 ! regional c5t]'s new comm]cial ent]prises or job-creat+ entities1 ! paym5t ( :i* %all n 9 any circum/ance utilize any ( su* ali5 inve/ors' capital inve/m5ts1 & :i* %all be deposit$ into ! ,,eb-#e ,integrity ,fund e/abli%$ "u subp>agraph 7,m72 7bb7 tempor>y susp5sion f p>ticipation 9 ! program describ$ 9 subp>agraph 7,h71 :i* may be lift$ by ! ,director if ! individual or entity cures ! alleg$ violation aft] be+ provid$ su* an opportunity by ! ,director2 7cc7 p]man5t b> f program p>ticipation = "o or m individuals associat$ ) ! regional c5t] or new comm]cial ent]prise or job-creat+ entity2 & 7dd7 t]m9ation ( regional c5t] designation4 7,k7 ,bona fides ( p]sons involv$ ) regional c5t] program 7i7 ,9 g5]al ,no p]son %all be p]mitt$ to be involv$ ) any regional c5t]1 new comm]cial ent]prise1 or job-creat+ entity if-- 7,i7 ! p]son has be5 f\nd to h committ$-- 7aa7 a crim9al or civil violation involv+ fraud or deceit )9 ! previ\s #aj ye>s2 7bb7 a civil violation result+ 9 a liability 9 excess ( #a1jjj1jjj involv+ fraud or deceit2 or 7cc7 a crime result+ 9 a conviction ) a t]m ( imprisonm5t ( m ?an #a ye>2 7,,ii7 ! p]son is subject to a f9al ord]1 = ! duration ( any p5alty impos$ by su* ord]1 ( a ,/ate securities commission 7or an ag5cy or (fic] ( a ,/ate :o p]=ms simil> functions71 a ,/ate au?ority t sup]vises or exam9es banks1 sav+s associations1 or cr$it unions1 a ,/ate insurance commission 7or an ag5cy ( or (fic] ( a ,/ate :o p]=ms simil> functions71 an appropriate ,f$]al bank+ ag5cy1 ! ,commodity ,futures ,trad+ ,commission1 ! ,securities & ,ex*ange ,commission1 a f9ancial self-regulatory organization recogniz$ by ! ,securities & ,ex*ange ,commission1 or ! ,national ,cr$it ,union ,adm9i/ration1 :i* is bas$ on a violation ( any law or regulation t-- 7aa7 prohibits fraudul5t1 manipulative1 or deceptive conduct2 or 7bb7 b>s ! p]son f-- 7,,aa7 association ) an entity regulat$ by su* commission1 au?ority1 ag5cy1 or (fic]2 7,,bb7 appe>+ be=e su* commission1 au?ority1 ag5cy1 or (fic]2 7,,cc7 engag+ 9 ! bus9ess ( securities1 insurance1 or bank+2 or 7,,dd7 engag+ 9 sav+s association or cr$it union activities2 7,,iii7 ! p]son is engag$ 91 has ev] be5 engag$ 91 or seeks to engage 9-- 7aa7 any illicit traffick+ 9 any controll$ sub/ance or 9 any li/$ *emical 7z def9$ 9 section #ajb ( ! ,controll$ ,sub/ances ,act72 7bb7 any activity relat+ to espionage1 sabotage1 or !ft ( intellectual prop]ty2 7cc7 any activity relat$ to money laund]+ 7z describ$ 9 section #aief or #aieg ( title #ah1 ,unit$ ,/ates ,code72 7dd7 any t]rori/ activity 7z def9$ 9 section #bab7;a77#c77;,b772 7ee7 any activity con/itut+ or facilitat+ human traffick+ or a human rights (f5se2 7ff7 any activity describ$ 9 section #bab7;a77#c77;,e72 or 7gg7 ! violation ( any /atute1 regulation1 or ,executive ord] reg>d+ =eign f9ancial transactions or =eign asset control2 or 7,,iv7 ! p]son-- 7aa7 is1 or dur+ ! prec$+ #aj ye>s has be51 includ$ on ! ,dep>tm5t ( ,ju/ice's ,li/ ( ,curr5tly ,discipl9$ ,practition]s2 or 7bb7 dur+ ! prec$+ #aj ye>s has receiv$ a reprim& or o!rwise be5 publicly discipl9$ = conduct relat$ to fraud or deceit by a ,/ate b> association ( :i* ! p]son is or 0 a memb]4 7ii7 ,=eign involvem5t 9 regional c5t] program 7,i7 ,lawful /atus requir$ ,no p]son may be involv$ ) a regional c5t] unless ! p]son is a national ( ! ,unit$ ,/ates or an individual :o has be5 lawfully admitt$ = p]man5t resid5ce 7z def9$ 9 p>agraphs 7#bj7 & 7#bb7 ( section #aja7;a774 7,,ii7 ,=eign gov]nm5ts ,no =eign gov]nm5t entity may provide capital to1 or be directly or indirectly involv$ ) ! own]%ip or adm9i/ration (1 a regional c5t]1 a new comm]cial ent]prise1 or a job-creat+ entity4 7iii7 ,in=mation requir$ ,! ,secret>y %all require su* atte/ations & in=mation1 includ+ ! submission ( f+]pr9ts or o!r biometrics to ! ,f$]al ,bureau ( ,inve/igation1 & %all p]=m su* crim9al record *ecks & o!r backgr\nd & database *ecks ) respect to a regional c5t]1 new comm]cial ent]prise1 & any affiliat$ job-creat+ entity1 & p]sons involv$ ) su* entities 7z describ$ 9 clause 7v771 9 ord] to det]m9e :e!r su* entities are 9 compliance ) clauses 7i7 & 7ii74 ,! ,secret>y may require ! in=mation & atte/ations describ$ 9 ?is clause f su* entities1 & any p]son involv$ ) su* entities1 at any "t on or aft] ! date ( ! enactm5t ( ! ,am]ican ,job ,creation & ,inve/m5t ,promotion ,re=m ,act ( #bjaf & may p]=m su* *ecks ) respect to any job creat+ entity1 & p]sons involv$ ) su* entity4 7iv7 ,t]m9ation 7,i7 ,9 g5]al ,! ,secret>y %all susp5d or t]m9ate ! designation ( any regional c5t]1 or ! p>ticipation "u ! program ( any new comm]cial ent]prise or job-creat+ entity "u ?is p>agraph if ! ,secret>y det]m9es t su* entity-- 7aa7 kn[+ly involv$ a p]son ) su* entity 9 violation ( clause 7i7 or 7ii72 7bb7 fail$ to provide an atte/ation or in=mation reque/$ by ! ,secret>y2 or 7cc7 kn[+ly provid$ any false atte/ation or in=mation "u clause 7iii74 7,,ii7 ,in=mation ,! ,secret>y1 aft] ! p]=mance ( ! crim9al record & o!r backgr\nd *ecks describ$ 9 clause 7iii71 %all notify a regional c5t]1 new comm]cial ent]prise1 or job-creat+ entity :e!r any p]son involv$ ) su* entities is n 9 compliance ) clause 7i7 or 7ii74 ,if1 #cj days aft] receiv+ su* notification1 ! regional c5t]1 new comm]cial ent]prise1 or job-creat+ entity1 z ! case may be1 fails to discont9ue ! prohibit$ p]son's involvem5t ) ! regional c5t]1 new comm]cial ent]prise1 or job-creat+ entity1 z applicable1 ! regional c5t]1 new comm]cial ent]prise1 or job-creat+ entity %all be deem$ to h k "u subclause 7,i77aa7 t su* p]son is 9 violation ( clause 7i7 or 7ii74 7v7 ,p]sons involv$ ) a regional c5t]1 new comm]cial ent]prise1 or job-creat+ entity ,= ! purposes ( ?is subp>agraph1 a p]son is consid]$ to be involv$ ) a regional c5t]1 a new comm]cial ent]prise1 any affiliat$ job-creat+ entity1 or o!r job-creat+ entity1 z applicable1 if he or %e is1 directly or indirectly1 an own] or 9 a position ( sub/antive au?ority to make op]ational or manag]ial decisions ov] pool+1 securitization1 inve/m5t1 release1 acceptance1 or control ( any fund+ t 0 procur$ pursuant to subp>agraph 7,h74 ,an individual may be 9 a position ( sub/antive au?ority if he or %e s]ves z a pr9cipal1 repres5tative1 adm9i/rator1 own]1 (fic]1 bo>d memb]1 manag]1 executive1 g5]al p>tn]1 fiduci>y1 or 9 a simil> position at ! regional c5t]1 new comm]cial ent]prise1 any affiliat$ job-creat+ entity1 or o!r job-creat+ entity1 respectively4 7,l7 ,compliance ) securities laws 7i7 ,jurisdiction 7,i7 ,9 g5]al ,! ,unit$ ,/ates has jurisdiction ov] ! pur*ase or sale ( any security (f]$ or sold by any regional c5t] or any p>ty associat$ ) a regional c5t] = purposes ( ! securities laws4 ,subject matt] jurisdiction %all also lie )9 ! ,unit$ ,/ates4 7,,ii7 ,compliance ) regulations ,solely = purposes ( section #e ( ! ,securities ,act ( #aicc 7#ae ,u4,s4,c4 #gg;e71 a regional c5t] or any p>ty associat$ ) a regional c5t] is n preclud$ f (f]+ or sell+ a security pursuant to ,regulation ,s "u ! ,securities ,act ( #aicc 7#ae ,u4,s4,c4 #gg;a et seq47 to ! ext5t t su* (f]+ or sell+ o!rwise complies ) t regulation4 7ii7 ,regional c5t] c]tifications requir$ 7,i7 ,initial c]tification ,! ,secret>y ( ,homel& ,security may n approve an application = regional c5t] designation or regional c5t] am5dm5t unless ! regional c5t] c]tifies t1 to ! be/ ( ! c]tifi]'s k1 aft] a due dilig5ce inve/igation1 ! regional c5t] is 9 compliance ) & has policies & proc$ures1 su* z ^? relat$ to int]nal & ext]nal due dilig5ce1 reasonably design$ to confirm1 z applicable1 t all p>ties associat$ ) ! regional c5t] are & w rema9 9 compliance ) ! securities laws ( ! ,unit$ ,/ates & ( any ,/ate 9 :i* ! (f]1 pur*ase1 or sale ( securities 0 conduct$1 or ! issu] ( securities 0 locat$1 or ! inve/m5t advice 0 provid$ by ! regional c5t] or p>ties associat$ ) ! regional c5t]4 7,,ii7 ,reissue ,a regional c5t] %all annually reissue a c]tification describ$ 9 subclause 7,i7 9 accordance ) subp>agraph 7,j74 ,annual c]tifications "u ?is subclause %all also c]tify compliance ) clause 7iii7 by /at+ t-- 7aa7 ! c]tifi] is 9 a position to h k ( ! (f]s1 pur*ases1 & sales ( securities or ! provision ( inve/m5t advice by p>ties associat$ ) ! regional c5t]2 7bb7 to ! be/ ( ! c]tifi]'s k1 aft] a due dilig5ce inve/igation1 all su* (f]s1 pur*ases1 & sales ( securities or ! provision ( inve/m5t advice compli$ ) ! securities laws ( ! ,unit$ ,/ates & ! securities laws ( any ,/ate 9 :i* ! (f]1 pur*ase1 or sale ( securities 0 conduct$1 or ! issu] ( securities 0 locat$1 or ! inve/m5t advice 0 provid$2 & 7cc7 records1 data1 & in=mation relat$ to su* (f]s1 pur*ases1 & sales h be5 ma9ta9$4 7,,iii7 ,effect ( noncompliance ,if a regional c5t]1 ?r\gh its due dilig5ce1 discov]$ dur+ a previ\s fiscal ye> t ! regional c5t] or any p>ty associat$ ) ! regional c5t] 0 n 9 compliance ) ! securities laws ( ! ,unit$ ,/ates or ! securities laws ( any ,/ate 9 :i* ! securities activities 7 conduct$ by any p>ty associat$ ) ! regional c5t]1 ! c]tifi] %all-- 7aa7 describe ! activities t l$ to noncompliance2 7bb7 describe ! actions tak5 to rem$y ! noncompliance2 & 7cc7 c]tify t ! regional c5t] & all p>ties associat$ ) ! regional c5t] are curr5tly 9 compliance1 to ! be/ ( ! c]tifi]'s k1 aft] a due dilig5ce inve/igation4 7iii7 ,ov]sight requir$ ,ea* regional c5t] %all monitor & sup]vise all (f]s1 pur*ases1 & sales (1 & inve/m5t advice relat+ to securities made by p>ties associat$ ) ! regional c5t] to confirm compliance ) ! securities laws ( ! ,unit$ ,/ates1 & ma9ta9 records1 data1 & in=mation relat+ to all su* (f]s1 pur*ases1 sales1 & inve/m5t advice dur+ ! #e-ye> p]iod beg9n+ on ! date ( _! creation4 ,su* records1 data1 & in=mation %all be made available to ! ,secret>y ^u reque/4 7iv7 ,susp5sion or t]m9ation ,9 addition to any o!r au?ority provid$ to ! ,secret>y "u ?is p>agraph1 ! ,secret>y1 9 ! ,secret>y's discretion1 may susp5d or t]m9ate ! designation ( any regional c5t]1 or impose o!r sanctions aga9/ ! regional c5t]1 if-- 7,i7 ! regional c5t] is p]man5tly or tempor>ily enjo9$ by ord]1 judgm5t1 or decree ( any c\rt ( compet5t jurisdiction 9 connection ) ! (f]1 pur*ase1 or sale ( a security or ! provision ( inve/m5t advice1 or any p>ty associat$ ) ! regional c5t] is s enjo9$ & ! regional c5t] knew1 or reasonably %\ld h kn[n1 t ?is is ! case2 7,,ii7 ! regional c5t] is subject to any f9al ord] ( ! ,securities & ,ex*ange ,commission or a ,/ate securities regulator1 or any p>ty associat$ ) ! regional c5t] is subject to su* an ord] & ! regional c5t] knew1 or reasonably %\ld h kn[n1 t ?is is ! case1 if ! ord]-- 7aa7 b>s su* p]son f association ) an entity regulat$ by ! ,securities & ,ex*ange ,commission or a ,/ate securities regulator2 or 7bb7 con/itutes a f9al ord] bas$ on a f9d+ ( an int5tional violation or a violation relat$ to fraud or deceit 9 connection ) ! (f]1 pur*ase1 or sale (1 or inve/m5t advice relat+ to1 a security2 or 7,,iii7 ! regional c5t] submitt$ or caus$ to be submitt$ a c]tification describ$ 9 clause 7ii7 t conta9$ an untrue /atem5t ( a mat]ial fact or omitt$ to /ate a mat]ial fact necess>y 9 ord] to make ! /atem5ts made1 9 light ( ! circum/ances "u :i* !y 7 made1 n mislead+1 or any p>ty associat$ ) ! regional c5t] und]took su* an action & ! regional c5t] knew1 or reasonably %\ld h kn[n1 t ?is is ! case4 7v7 ,sav+s provision ,no?+ 9 ?is subp>agraph may be con/ru$ to impair or limit ! au?ority ( ! ,securities & ,ex*ange ,commission "u ! ,f$]al securities laws or any ,/ate securities regulator "u ,/ate securities laws4 7vi7 ,def9$ t]m ,9 ?is subp>agraph1 ! t]m p>ty associat$ ) a regional c5t] means-- 7,i7 ! regional c5t]2 7,,ii7 any new comm]cial ent]prise or affiliat$ job-creat+ entity or issu] ( securities associat$ ) ! regional c5t]2 7,,iii7 ! regional c5t]'s & new comm]cial ent]prise's own]s1 (fic]s1 directors1 manag]s1 p>tn]s1 ag5ts1 employees1 promot]s & attorneys2 or 7,,iv7 any p]son 9 active conc]t or p>ticipation ) ! regional c5t] or directly or indirectly controll+1 controll$ by1 or "u common control ) ! regional c5t]4 7,m7 ,,eb-#e integrity fund 7i7 ,e/abli%m5t ,!re is e/abli%$ 9 ! ,unit$ ,/ates ,treasury a special fund1 :i* %all be kn[n z ! ,,eb-#e ,integrity ,fund 7ref]r$ to 9 ?is subp>agraph z ! ,fund74 ,am\nts deposit$ into ! ,fund %all be available to ! ,secret>y ( ,homel& ,security until exp5d$ = ! purposes set =? 9 clause 7iii74 7ii7 ,fees 7,i7 ,annual fee ,beg9n+ on ,janu>y #a1 #bjag1 & ea* ye> !reaft]1 ! ,secret>y ( ,homel& ,security %all collect a fee ( #be1jjj = ! ,fund f ea* regional c5t] designat$ "u subp>agraph 7,h74 ,! fee %all be #aj1jjj if a regional c5t] has #bj or few] ali5 inve/ors inve/+ pursuant to subp>agraph 7,h7 9 ! imm$iately prec$+ fiscal ye> 9 its new comm]cial ent]prises4 7,,ii7 ,petition fee ,beg9n+ on ,octob] #a1 #bjaf1 ! ,secret>y %all collect a fee ( #b1jjj = ! ,fund ) ea* petition fil$ pursuant to section #bjd7;a77#a77;,h7 = classification "u ?is p>agraph pursuant to subp>agraph 7,h74 7,,iii7 ,increases ,! ,secret>y may prescribe regulations1 z necess>y1 to increase ! doll> am\nts "u ?is clause to ensure ! ,secret>y's cont9u$ ability to c>ry out ! activities specifi$ 9 clause 7iii74 7iii7 ,p]missible uses ( fund ,! ,secret>y %all-- 7,i7 use n less ?an #a_/c ( ! am\nts deposit$ into ! ,fund to conduct audits & site visits 7) or )\t notice72 7,,ii7 use n less ?an #a_/c ( ! am\nts deposit$ into ! ,fund = inve/igations bas$ outside ( ! ,unit$ ,/ates1 includ+-- 7aa7 monitor+ & inve/igat+ program-relat$ ev5ts & promotional activities2 & 7bb7 ensur+ an ali5 inve/or's compliance ) subp>agraph 7,d72 7,,iii7 use am\nts deposit$ into ! ,fund-- 7aa7 to detect & inve/igate fraud or o!r crimes2 & 7bb7 to det]m9e :e!r regional c5t]s1 new comm]cial ent]prises1 any affiliat$ job-creat+ entities1 & ali5 inve/ors 7& _! ali5 sp\ses & ali5 *ildr51 if any7 comply ) applicable immigration laws2 7,,iv7 use am\nts deposit$ into ! ,fund to conduct int]views ( ! own]s1 (fic]s1 directors1 manag]s1 p>tn]s1 ag5ts1 employees1 promot]s1 & attorneys ( regional c5t]s1 new comm]cial ent]prises1 & job-creat+ entities2 & 7,v7 o!rwise use am\nts deposit$ into ! ,fund z ! ,secret>y det]m9es to be necess>y1 includ+ monitor+ compliance ) ! requirem5ts "u section #h ( ! ,am]ican ,job ,creation & ,inve/m5t ,promotion ,re=m ,act ( #bjaf4 7iv7 ,failure to pay fee ,! ,secret>y ( ,homel& ,security %all-- 7,i7 impose a reasonable p5alty1 :i* %all be deposit$ into ! ,fund1 if a regional c5t] does n pay ! fee requir$ "u clause 7ii77,i7 )9 #cj days ( ! date on :i* su* clause requires ! ,secret>y to collect ! fee2 & 7,,ii7 t]m9ate ! designation ( any regional c5t] t does n pay ! fee requir$ "u clause 7ii77,i7 )9 #ij days ( ! date on :i* su* clause requires ! ,secret>y to collect ! fee4 7v7 ,report ,! ,secret>y %all submit an annual report to ! ,committee on ! ,judici>y ( ! ,s5ate & ! ,committee on ! ,judici>y ( ! ,h\se ( ,repres5tatives t describes h[ am\nts 9 ! ,fund 7 exp5d$ dur+ ! imm$iately prec$+ fiscal ye>4 7,n7 ,direct & ?ird-p>ty promot]s 7i7 ,rules & /&>ds ,direct & ?ird p>ty promot]s ( a regional c5t]1 any new comm]cial ent]prise1 an affiliat$ job-creat+ entity1 or issu] ( securities affiliat$ ) ! regional c5t] %all comply ) ! rules & /&>ds prescrib$ by ! ,secret>y ( ,homel& ,security & any applicable ,f$]al or ,/ate securities laws1 to ov]see regional c5t] promotion1 includ+-- 7,i7 regi/ration ) ,u4,s4 ,citiz5%ip & ,immigration ,s]vices1 :i*-- 7aa7 may be limit$ to id5tify+ & contact in=mation ( su* promot] & confirmation ( ! exi/5ce ( ! writt5 agreem5t requir$ by clause 7iii72 & 7bb7 %all n include any requirem5t t ,u4,s4 ,citiz5%ip & ,immigration ,s]vices approve ! regi/ration ( su* promot]2 7,,ii7 m9imum qualifications2 7,,iii7 guidel9es = (f]+ inve/m5t opportunities & repres5t+ ! visa process to prospective inve/ors "u ! program e/abli%$ "u subp>agraph 7,h72 & 7,,iv7 p]missible fee arrangem5ts4 7ii7 ,effect ( violation ,if ! ,secret>y det]m9es t a direct or ?ird-p>ty promot] has violat$ clause 7i71 ! ,secret>y %all susp5d or p]man5tly b> su* individual f p>ticipation 9 ! program describ$ 9 ?is p>agraph4 7iii7 ,compliance ,ea* regional c5t] %all ma9ta9 a writt5 agreem5t betwe5 ! regional c5t]1 ! new comm]cial ent]prise1 any affiliat$ job-creat+ entity1 or any issu] ( securities affiliat$ ) ! regional c5t]1 & ea* direct or ?ird-p>ty promot] op]at+ on behalf ( su* entities or issu] t outl9es ! rules & /&>ds prescrib$ "u clause 7i74 7iv7 ,disclosure ,ea* petition fil$ pursuant to section #bjd7;a77#a77;,h7 = classification "u ?is p>agraph pursuant to subp>agraph 7,h7 %all include a disclosure1 sign$ by ! ali5 inve/or1 t reflects all fees1 ongo+ int]e/1 & o!r comp5sation paid to any p]son t ! regional c5t] or new comm]cial ent]prise kn[s has receiv$1 or w receive1 9 connection ) ! inve/m5t1 includ+ comp5sation to ag5ts1 f9d]s1 or brok] deal]s involv$ 9 ! (f]+1 to ! ext5t n already specifically id5tifi$ 9 ! bus9ess plan fil$ "u subp>agraph 7,i74 7v7 ,publication ,! li/ ( su* regi/]$ promot]s may be made publicly available by ! ,secret>y4 7,o7 ,treatm5t ( good fai? inve/ors foll[+ program noncompliance 7i7 ,t]m9ation or deb>m5t ( ,,eb-#e entity ,except z provid$ 9 clause 7v71 ^u ! t]m9ation or deb>m5t1 z applicable1 f ! program "u ?is p>agraph ( a regional c5t]1 new comm]cial ent]prise1 or job-creat+ entity1 an o!rwise qualifi$ petition "u section #bjd7;a77#a77;,h7 or ! conditional p]man5t resid5ce ( an ali5 :o has be5 admitt$ to ! ,unit$ ,/ates pursuant to section #baf;,a7a77#a7 bas$ on an inve/m5t 9 a t]m9at$ regional c5t]1 new comm]cial ent]prise1 or job-creat+ entity %all rema9 valid or cont9ue to be au?oriz$1 z applicable1 consi/5t ) ?is subp>agraph4 7ii7 ,new regional c5t] or inve/m5t ,! petition "u section #bjd7;a77#a77;,h7 ( an ali5 describ$ 9 clause 7i7 & ! conditional p]man5t resid5t /atus ( an ali5 describ$ 9 clause 7i7 %all be t]m9at$ #ahj days aft] ! t]m9ation f ! program "u ?is p>agraph ( a regional c5t]1 a new comm]cial ent]prise1 or a job creat+ entity unless-- 7,i7 9 ! case ( ! t]m9ation ( a regional c5t]-- 7aa7 ! new comm]cial ent]prise associates ) an approv$ regional c5t]2 7bb7 su* ali5 makes a qualify+ inve/m5t 9 ano!r new comm]cial ent]prise associat$ ) an approv$ regional c5t]2 or 7cc7 su* ali5 makes a qualify+ inve/m5t 9 ano!r new comm]cial ent]prise "u ?is p>agraph n associat$ ) a regional c5t]2 or 7,,ii7 9 ! case ( ! deb>m5t ( a new comm]cial ent]prise or job-creat+ entity1 su* ali5 inve/s 9 ano!r new comm]cial ent]prise associat$ ) an approv$ regional c5t]4 7iii7 ,removal ( conditions ,ali5s describ$ 9 subclause 7,i77bb71 7,i77cc71 or 7,,ii7 ( clause 7ii7 %all be eligible to h _! conditions remov$ pursuant to section #baf;,a beg9n+ on ! date t is #b ye>s aft] ! date ( ! subsequ5t inve/m5t4 7iv7 ,9 case ( en=cem5t action ,except z provid$ 9 clause 7v71 if ! ,secret>y1 ! ,attorney ,g5]al1 or ! ,securities & ,ex*ange ,commission files a crim9al or civil en=cem5t action 9 any ,unit$ ,/ates ,di/rict ,c\rt conta9+ allegations t a regional c5t]1 new comm]cial ent]prise1 job-creat+ entity1 or any p]son involv$ ) ! =ego+ entities1 committ$ fraud :i* affect$ an ali5's inve/m5t capital "u subp>agraph 7,a71 or if a ,/ate au?ority or ag5cy files su* an action 9 a ,/ate c\rt-- 7,i7 = all relat$ petitions = classification "u ?is p>agraph & petitions = removal ( conditions describ$ 9 section #baf;,a-- 7aa7 ! ,secret>y may hold su* petitions 9 abeyance unless ord]$ to take action by ! ,unit$ ,/ates ,di/rict ,c\rt ov]see+ su* action1 if applicable2 & 7bb7 ! ,unit$ ,/ates ,di/rict ,c\rt ov]see+ su* action1 if applicable1 may ent] an ord] ext5d+ any deadl9es applicable "u ?is p>agraph & to prev5t age-out ( d]ivative b5efici>ies2 7,,ii7 ! ali5 inve/or may-- 7aa7 petition to am5d ! ali5's und]ly+ petition = classification "u ?is p>agraph or ! petition = removal ( conditions describ$ 9 section #baf;,a7c7 )\t su* facts und]ly+ ! am5dm5t be+ deem$ a mat]ial *ange2 & 7bb7 reta9 ! immigrant visa priority date relat$ to ! orig9al petition2 & 7,,iii7 any funds obta9$ or recov]$ by an ali5 inve/or1 directly or indirectly1 f claims aga9/ ?ird p>ties1 includ+ insurance proce$s1 or any additional inve/m5t capital provid$ by ! ali5 aft] ! en=cem5t action describ$ 9 ?is clause is fil$1 may be deem$ to be su* ali5's inve/m5t capital = ! purposes ( subp>agraph 7,a7 if su* inve/m5t o!rwise complies ) ! requirem5ts ( ?is p>agraph & section #baf;,a4 7v7 ,exception ,if ! ,secret>y has reason to believe an ali5 0 a kn[+ p>ticipant 9 ! conduct t l$ to ! t]m9ation ( a regional c5t]1 new comm]cial ent]prise1 or job-creat+ entity1 z describ$ 9 clause 7i71 or 0 a kn[+ p>ticipant 9 ! alleg$ wrongdo+ t l$ to an en=cem5t action describ$ 9 clause 7iv7-- 7,i7 ! ali5 %all n be accord$ any b5efit "u ?is subp>agraph2 & 7,,ii7 ! ,secret>y %all notify ! ali5 ( su* belief &1 subject to section #baf;,a7b77#b71 %all d5y or initiate proce$+s to revoke ! approval ( su* ali5's petition1 application1 or b5efit 7& t ( any sp\se or *ild1 if applicable7 describ$ 9 ?is p>agraph4 7,p7 ,acc\nt transp>5cy requirem5t 7i7 ,9 g5]al ,except z provid$ 9 clause 7iii71 a new comm]cial ent]prise %all deposit & ma9ta9 ! capital inve/m5t ( ea* ali5 inve/or 9 a sep>ate acc\nt z describ$ 9 ?is subp>agraph1 includ+ funds held 9 escr[4 7ii7 ,requirem5ts = ,sep>ate ,acc\nts 7,i7 ,requir$ in=mation ,prior to1 or )9 "o bus9ess day (1 ! deposit ( an ali5 inve/or's capital inve/m5t 9 a sep>ate acc\nt1 ! new comm]cial ent]prise %all provide ! foll[+ in=mation to ! ali5 inve/or ^: capital inve/m5t w be or has be5 deposit$ into ! sep>ate acc\nt1 ! regional c5t] associat$ ) ! new comm]cial ent]prise1 & ! ,director ( ,u4,s4 ,citiz5%ip & ,immigration ,s]vices3 7aa7 ,! "n1 address1 & o!r contact in=mation ( ! bank or o!r f9ancial in/itution :]e ! sep>ate acc\nt is or w be ma9ta9$ & ! "n ( ! au?oriz$ signatory requir$ "u subclause 7,,ii74 7bb7 ,suffici5t in=mation to enable ! ali5 inve/or ^: capital inve/m5t w be or has be5 deposit$ into ! sep>ate acc\nt1 ! regional c5t] associat$ ) ! new comm]cial ent]prise1 & ! ,director to view onl9e ! balance 9 ! sep>ate acc\nt on an ongo+ basis4 7,,ii7 ,au?oriz$ signatories ,at lea/ "o ( ! au?oriz$ signatories to ! sep>ate acc\nt %all be an individual :o is-- 7aa7 indep5d5t (1 & n directly or indirectly relat$ to1 ! new comm]cial ent]prise1 ! regional c5t] associat$ ) ! new comm]cial ent]prise1 ! job creat+ entity1 or any ( ! pr9cipals or manag]s ( su* entities2 & 7bb7 an (fic] at ! bank or o!r f9ancial in/itution :]e ! sep>ate acc\nt is ma9ta9$2 lic5s$1 active1 & 9 good /&+ z an attorney1 c]tifi$ public acc\ntant1 or brok]-deal]2 or o!rwise au?oriz$ by ! ,director to s]ve z a signatory4 7iii7 ,transf]s f a sep>ate acc\nt 7,i7 ,9 g5]al ,! funds 9 a sep>ate acc\nt may be transf]r$ only-- 7aa7 to ! ali5 inve/or :o contribut$ ! funds held 9 ! sep>ate acc\nt z a refund ( t inve/or's capital inve/m5t if o!rwise p]mitt$ "u ?is p>agraph1 to ano!r sep>ate acc\nt1 or to a job creat+ entity or o!rwise deploy$ into ! capital inve/m5t project = :i* ! funds 7 int5d$2 & 7bb7 aft] at lea/ "o ( ! au?oriz$ signatories describ$ 9 clause 7ii77,,ii7 has provid$ writt5 cons5t = ! propos$ transf]4 7,,ii7 ,notice ,prior to1 or )9 "o bus9ess day (1 funds be+ transf]r$ f a sep>ate acc\nt1 ! new comm]cial ent]prise %all provide notice to ! ali5 inve/or ^: capital inve/m5t has be5 or w be transf]r$ f ! sep>ate acc\nt1 ! regional c5t] associat$ ) ! new comm]cial ent]prise1 & ! ,director1 includ+-- 7aa7 ! am\nt ( ! funds t are to be or 7 transf]r$2 & 7bb7 ! de/9ation ( ! transf]r$ funds1 includ+ :e!r ! funds are transf]r$ to ano!r sep>ate acc\nt1 or transf]r$ directly to a job creat+ entity or o!rwise deploy$ into ! capital inve/m5t project = :i* ! funds 7 int5d$4 7,,iii7 ,transf] ( funds ,9 ! case ( a transf] ( funds f a sep>ate acc\nt ma9ta9$ by a new comm]cial ent]prise to an affiliat$ job creat+ entity1 ! affiliat$ job creat+ entity %all ma9ta9 ! funds 9 a sep>ate acc\nt t meets ! requirem5ts ( ?is section until ! funds are deploy$ into ! capital inve/m5t project = :i* !y 7 int5d$4 ,)9 #cj days ( ! deploym5t ( ! funds into ! capital inve/m5t project = :i* !y 7 int5d$1 an individual :o is lic5s$1 active1 & 9 good /&+ z an attorney1 c]tifi$ public acc\ntant1 or brok]-deal]1 or an individual o!rwise au?oriz$ by ! ,director to s]ve z a signatory1 %all v]ify t ! funds 7 deploy$ into ! capital inve/m5t project = :i* !y 7 int5d$ & %all s notify ! ali5 inve/or ^: capital inve/m5t 0 inve/$1 ! regional c5t] associat$ ) ! capital inve/m5t project1 & ! ,director4 7iv7 ,electronic mail au?oriz$ ,any notice or in=mation to be provid$ "u ?is section may be giv5 via electronic mail4 7v7 ,def9itions ,9 ?is subp>agraph3 7,i7 ,! t]m f9ancial in/itution has ! mean+ giv5 su* t]m by section #bj ( title #ah1 ,unit$ ,/ates ,code4 7,,ii7 ,! t]m sep>ate acc\nt means an acc\nt-- 7aa7 ma9ta9$ 9 ! ,unit$ ,/ates by a new comm]cial ent]prise at a f$]ally regulat$ bank or at ano!r f9ancial in/itution 9 ! ,unit$ ,/ates t is insur$2 & 7bb7 t conta9s only ! pool$ inve/m5t funds ( ali5 inve/ors 9 a new comm]cial ent]prise ) respect to a s+le capital inve/m5t project4 4 7c7 ,effective dates 7#a7 ,9 g5]al ,except z provid$ 9 p>agraph 7#b71 ! am5dm5ts made by ?is section %all be effective at any "t aft] ! date ( ! enactm5t ( ?is ,act1 z det]m9$ by ! ,secret>y1 & %all be effective n lat] ?an #ij days aft] su* date ( enactm5t4 7#b7 ,exceptions 7,a7 ,clauses 7iv7 & 7v7 ( subp>agraph 7,h7 ( section #bjc7;b77#e7 ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aaec7;b77#e771 z ins]t$ by subsection 7b71 %all n apply to a petition t-- 7i7 0 fil$ by an ali5 inve/or "u su* section #bjc7;b77#e7 prior to ,june #a1 #bjae2 7ii7 0 fil$ by an ali5 inve/or "u su* section #bjc7;b77#e7 dur+ ! p]iod beg9n+ on ,june #a1 #bjae1 & end+ on ! date ( ! enactm5t ( ?is ,act if su* b5efici>y is inve/+ 9 ! same comm]cial ent]prise conc]n+ ! same economic activity z conta9$ 9 an exempl> fil$ prior to ,june #a1 #bjae1 or approv$ by ! ,secret>y ( ,homel& ,security at any "t prior to ! date ( enactm5t ( ?is ,act1 unless ! ,secret>y det]m9es t su* approval or fil+ 0 bas$ on fraud1 misrepres5tation 9 ! record ( proce$+1 or is legally defici5t2 or 7iii7 is fil$ "u section #baf;,a ( su* ,act 7#h ,u4,s4,c4 #aahf;b7 if ! und]ly+ petition fil$ "u section #bjc7;b77#e7 ( su* ,act 0 fil$ prior to ,june #a1 #bjae1 or approv$ be=e ! date ( ! enactm5t ( ?is ,act4 7,b7 ,subp>agraph 7,p7 ( section #bjc7;b77#e7 ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aaec7;b77#e771 z ins]t$ by subsection 7b71 %all take effect #a ye> aft] ! date ( ! enactm5t ( ?is ,act & %all apply to any application fil$ by a regional c5t] = approval ( an inve/m5t "u subp>agraph 7,i7 ( su* section #bjc7;b77#e71 z s ins]t$1 fil$ on or aft] su* date4 #d4 ,o!r ,,eb-#e visa re=ms 7a7 ,type ( inve/m5t ,section #bjc7;b77#e77;,a7 ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aaec7;b77#e77;,a771 is am5d$-- 7#a7 9 ! matt] prec$+ clause 7i71 by /rik+ 7includ+ a limit$ p>tn]%ip72 7#b7 9 clause 7i71 by /rik+ 7,c71 & ins]t+ 7,b71 & :i* is expect$ to rema9 inve/$ = n less ?an #b ye>s22 & 7#c7 9 clause 7ii7-- 7,a7 by /rik+ & create & ins]t+ by creat+2 & 7,b7 by ins]t+ 1 ,unit$ ,/ates nationals1 aft] citiz5s4 7b7 ,t>get$ employm5t areas ,section #bjc7;b77#e77;,b7 ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aaec7;b77#e77;,b77 is am5d$ to read z foll[s3 7,b7 ,visa set-asides & area designations 7i7 ,res]v$ visas 7,i7 ,9 g5]al ,( ! visas made available "u ?is p>agraph 9 ea* fiscal ye>-- 7aa7 #b1jjj %all be res]v$ = immigrants :o inve/ 9 rural areas2 & 7bb7 #b1jjj %all be res]v$ = immigrants :o inve/ 9 priority urban inve/m5t areas4 7,,ii7 ,unus$ visas ,at ! end ( ea* fiscal ye>1 any unus$ visa )9 ea* category describ$ 9 subclause 7,i7 %all rema9 available )9 ! same category = subsequ5t fiscal ye>s4 7ii7 ,eligibility ,! ,secret>y ( ,homel& ,security %all det]m9e eligibility = designation z a t>get$ employm5t area & %all n be b\nd by ! det]m9ation ( any o!r gov]nm5tal or nongov]nm5tal entity4 7iii7 ,designation ( infra/ructure project1 manufactur+ project1 & t>get$ employm5t area 7,i7 ,infra/ructure project or manufactur+ project ,! designation ( an infra/ructure project or manufactur+ project %all be made at ! "t ( ! inve/m5t4 7,,ii7 ,t>get$ employm5t area ,! designation ( a t>get$ employm5t area-- 7aa7 may be made at ! "t ( ! inve/m5t or at ! "t an application is fil$ "u subp>agraph 7,i72 & 7bb7 %all be valid = a #b-ye> p]iod4 7,,iii7 ,designations & r5ewals ,! ,secret>y %all e/abli% a process by :i* regional c5t]s may reque/ a designation "u subclause 7,i7 or 7,,ii74 ,a designation "u ei!r su* subclause %all be issu$ n lat] ?an #fj days aft] a reque/ by a regional c5t] & a designation "u subclause 7,,ii7 may be r5ew$ = additional #b-ye> p]iods if ! area cont9ues to meet ! def9ition ( a t>get$ employm5t area4 ,an ali5 inve/or :o has made ! requir$ am\nt ( inve/m5t 9 su* an area dur+ its p]iod ( designation %all n be requir$ to increase ! am\nt ( inve/m5t bas$ ^u expiration ( ! designation4 ,! ,secret>y %all e/abli% a fee = ! adjudication ( a designation reque/ at a level t is suffici5t to ensure ! full recov]y ( ! co/s ( provid+ su* adjudication )9 ! requir$ timeframe4 ,no?+ 9 ?is clause %all be deem$ to prohibit an inve/or f fil+ a petition be=e su* designation is made4 4 7c7 ,adju/m5t ( m9imum inve/m5t am\nt 7#a7 ,9 g5]al ,section #bjc7;b77#e77;,c7 ( su* ,act 7#h ,u4,s4,c4 #aaec7;b77#e77;,c77 is am5d$-- 7,a7 by r$esignat+ clause 7iii7 z clause 7iv72 7,b7 by /rik+ clauses 7i7 & 7ii7 & ins]t+ ! foll[+3 7i7 ,m9imum inve/m5t am\nts ,except z o!rwise provid$ 9 ?is subp>agraph1 ! am\nt ( capital requir$ "u subp>agraph 7,a7 %all be-- 7,i7 #a1bjj1jjj 7except z provid$ 9 subclause 7,,ii772 or 7,,ii7 #hjj1jjj 9 ! case ( an inve/m5t 9 an infra/ructure project1 a manufactur+ project1 or a project t is physically locat$ 9 a t>get$ employm5t area4 7ii7 ,au?ority to increase inve/m5t am\nts ,! ,secret>y may p]iodically prescribe regulations increas+ ! doll> am\nt specifi$ "u clause 7i7 if any su* increase simultane\sly affects ea* category ( inve/m5t "u clause 7i7 by ! same p]c5tage4 ,! ,secret>y %all publi% a notice 9 ! ,f$]al ,regi/] no lat] ?an ! date t is #fj days prior to ! date ^u :i* ! increase w take effect4 7iii7 ,automatic adju/m5t ( m9imum inve/m5t am\nts ,beg9n+ on ,janu>y #a1 #bjbb1 & on e fif? subsequ5t ,janu>y #a1 aft] notice 9 ! ,f$]al ,regi/] is publi%$ = n less ?an #fj days1 ! ,secret>y %all adju/ ea* ( ! m9imum am\nts specifi$ 9 clause 7i7 z foll[s3 7,i7 ,no increases 9 previ\s #e fiscal ye>s ,if ! ,secret>y did n increase ! m9imum am\nt dur+ ! #e prior fiscal ye>s conclud+ ) ! fiscal ye> end+ on ,septemb] #cj ( ! prior cal5d> ye>1 ! am\nts specifi$ 9 clause 7i7 %all automatically be adju/$ by ! am\nt ( ! cumulative p]c5tage *ange 9 ! ,consum] ,price ,index 7,,cpi-,u7 = ! previ\s #e fiscal ye>s1 r\nd$ to ! ne>e/ multiple ( #aj1jjj4 7,,ii7 ,increases bel[ ,,cpi-,u dur+ previ\s #e fiscal ye>s ,if ! ,secret>y increas$ ! m9imum am\nt dur+ ! previ\s #e fiscal ye>s by an am\nt t is less ?an ! cumulative p]c5tage *ange 9 ! ,,cpi-,u dur+ ! previ\s #e fiscal ye>s1 ! am\nts specifi$ 9 clause 7i7 %all automatically be adju/$ by ! am\nt ( su* cumulative p]c5tage *ange = su* p]iod m9us any increase previ\sly prescrib$ by ! ,secret>y by regulations1 r\nd$ to ! ne>e/ multiple ( #aj1jjj4 7,,iii7 ,increases above ,,cpi-,u dur+ previ\s #e fiscal ye>s ,if ! ,secret>y increas$ ! m9imum am\nt dur+ ! previ\s #e fiscal ye>s by an am\nt t is great] ?an ! cumulative p]c5tage *ange 9 ! ,,cpi-,u dur+ ! previ\s #e fiscal ye>s1 ! am\nts specifi$ 9 clause 7i7 %all n be increas$4 2 & 7,c7 9 clause 7iv71 z r$esignat$1 by /rik+ ,attorney ,g5]al & ins]t+ ,secret>y4 7#b7 ,r$esignations ,section #bjc7;b77#e7 ( su* ,act 7#h ,u4,s4,c4 #aaec7;b77#e77 is am5d$-- 7,a7 by r$esignat+ subp>agraph 7,b71 z am5d$ by subsection 7b71 z subp>agraph 7,c72 7,b7 by r$esignat+ ! second subp>agraph 7,c71 z am5d$ by p>agraph 7#a71 z subp>agraph 7,b72 & 7,c7 by mov+ subp>agraph 7,b71 z s r$esignat$1 s t x appe>s aft] subp>agraph 7,a74 7d7 ,requir$ *ecks ,section #bjc7;b77#e7 ( ! ,immigration & ,nationality ,act1 z am5d$ by sections #b & #c1 is fur!r am5d$ by ins]t+ aft] subp>agraph 7,o7 ! foll[+3 7,p7 ,requir$ *ecks ,an ali5 inve/or1 ali5 sp\se1 or ali5 *ild may n be grant$ ! /atus ( an ali5 lawfully admitt$ = p]man5t resid5ce "u ?is p>agraph unless ! ,secret>y ( ,homel& ,security has det]m9$ t su* ali5 is n on ! ,dep>tm5t ( ! ,treasury's ,(fice ( ,=eign ,assets ,control ,specially ,designat$ ,nationals ,li/4 4 7e7 ,def9itions 7#a7 ,9 g5]al ,section #bjc7;b77#e7 ( su* ,act 7#h ,u4,s4,c4 #aaec7;b77#e771 z am5d$ by sections #b & #c ( ?is ,act1 is fur!r am5d$ by /rik+ ! second subp>agraph 7,d7 7relat+ to def9itions7 & ins]t+ ! foll[+3 7,q7 ,def9itions ,9 ?is p>agraph3 7i7 ,affiliat$ job-creat+ entity ,! t]m affiliat$ job-creat+ entity means any job-creat+ entity t is directly or indirectly controll$1 manag$1 or own$ by any ( ! p]sons involv$ ) ! regional c5t] or new comm]cial ent]prise "u section #bjc7;b77#e77,k77v74 7ii7 ,capital ,! t]m capital-- 7,i7 means ca% & all real1 p]sonal1 or mix$ tangible assets own$ & controll$ by ! ali5 inve/or1 or held 9 tru/ = ! b5efit ( ! ali5 & to :i* ! ali5 has unre/rict$ access2 7,,ii7 %all be valu$ at fair m>ket value 9 ,unit$ ,/ates doll>s1 9 accordance ) ,g5]ally ,accept$ ,acc\nt+ ,pr9ciples or o!r /&>d acc\nt+ practice adopt$ by ! ,securities & ,ex*ange ,commission1 at ! "t x is inve/$ "u ?is p>agraph2 & 7,,iii7 %all n include assets acquir$1 directly or indirectly1 by unlawful means1 includ+ any ca% proce$s ( indebt$ness secur$ by su* assets4 7iii7 ,c]tifi] ,! t]m c]tifi] means a p]son 9 a position ( sub/antive au?ority = ! managem5t or op]ations ( a regional c5t]1 new comm]cial ent]prise1 affiliat$ job-creat+ entity1 or issu] ( securities1 su* z a pr9cipal executive (fic] or pr9cipal f9ancial (fic]1 ) k ( su* entity's policies & proc$ures relat$ to compliance ) ! requirem5ts ( ?is p>agraph4 7iv7 ,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 lea/ a #bd-mon? p]iod1 reg>dless ( :o fills ! position4 ,a position or job t is fill$ by m ?an #a employee may be consid]$ full-"t employm5t = purposes ( subp>agraph 7,a77ii74 7v7 ,infra/ructure project ,! t]m infra/ructure project means a capital inve/m5t project 9 a fil$ or approv$ bus9ess plan1 :i* is adm9i/]$ by a gov]nm5tal entity1 su* z a ,f$]al1 ,/ate1 or local ag5cy or au?ority1 9 :i* ! entity contracts ) a regional c5t]1 new comm]cial ent]prise1 or job-creat+ entity to receive capital inve/m5t "u ! regional c5t] program describ$ 9 subp>agraph 7,h7 f ali5 inve/ors or ! new comm]cial ent]prise z f9anc+ = ma9ta9+1 improv+1 or con/ruct+ a public works project4 7vi7 ,job-creat+ entity ,! t]m job-creat+ entity means any organization =m$ 9 ! ,unit$ ,/ates = ! ongo+ conduct ( lawful bus9ess1 includ+ a p>tn]%ip 7:e!r limit$ or g5]al71 corporation1 limit$ liability company1 or o!r entity t receives1 or is e/abli%$ to receive1 capital inve/m5t f ali5 inve/ors or a new comm]cial ent]prise "u ! regional c5t] program describ$ 9 subp>agraph 7,h7 & :i* is responsible = creat+ jobs to satisfy ! requirem5t "u subp>agraph 7,a77ii74 7vii7 ,manufactur+ project ,! t]m manufactur+ project means a capital inve/m5t project 9 a fil$ or approv$ bus9ess plan1 ! purpose ( :i* is to improve1 con/ruct1 or op]ate a plant1 factory1 or mill1 :i* prim>ily exi/s 9 ord] to produce or assemble a product 9 ! ,unit$ ,/ates4 7viii7 ,new comm]cial ent]prise ,! t]m new comm]cial ent]prise means any =-pr(it organization =m$ 9 ! ,unit$ ,/ates = ! ongo+ conduct ( lawful bus9ess1 includ+ a p>tn]%ip 7:e!r limit$ or g5]al71 corporation1 limit$ liability company1 or o!r entity t receives1 or is e/abli%$ to receive1 capital inve/m5t f ali5 inve/ors "u subp>agraph 7,h74 7ix7 ,priority urban inve/m5t area ,! t]m priority urban inve/m5t area means an area consi/+ ( a c5sus tract or tracts1 ea* ( :i* is 9 a metropolitan /ati/ical area &1 us+ ! mo/ rec5t c5sus data available1 ea* ( :i* has-- 7,i7 an unemploym5t rate t is at lea/ #aej p]c5t ( ! national av]age unemploym5t rate2 7,,ii7 a pov]ty rate t is at lea/ #cj p]c5t2 or 7,,iii7 a m$ian family income t is n m ?an #fj p]c5t ( ! great] ( ! /atewide m$ian family income or ! metropolitan /ati/ical area m$ian family income4 7x7 ,rural area ,! t]m rural area means an area t-- 7,i7 is outside ( ! out] b\nd>y ( any city or t[n hav+ a population ( #bj1jjj or m 7bas$ on ! mo/ rec5t dec5nial c5sus ( ! ,unit$ ,/ates72 & 7,,ii7 is-- 7aa7 outside ( a metropolitan /ati/ical area2 7bb7 )9 an outly+ c\nty ( a metropolitan /ati/ical area2 or 7cc7 )9 any c5sus tract t is great] ?an #ajj squ>e miles 9 area & has a population d5sity ( few] ?an #ajj p p] squ>e mile4 7xi7 ,t>get$ employm5t area ,! t]m t>get$ employm5t area means-- 7,i7 a priority urban inve/m5t area2 7,,ii7 a rural area2 7,,iii7 any area )9 ! geographic b\nd>ies ( any milit>y in/allation t 0 clos$1 dur+ ! #be-ye> p]iod imm$iately prec$+ ! fil+ ( an application "u subp>agraph 7,f7 bas$ ^u a recomm5dation by ! ,def5se ,base ,closure & ,realignm5t ,commission2 or 7,,iv7 an area consi/+ ( a c5sus tract or contigu\s c5sus tracts1 ea* ( :i*1 us+ ! mo/ rec5t c5sus data available-- 7aa7 is n locat$ )9 a metropolitan /ati/ical area2 & 7bb7 has a pov]ty rate t is at lea/ #bj p]c5t or a m$ian family income t is n m ?an #hj p]c5t ( ! /atewide m$ian family income4 4 7#b7 ,rulemak+ ,! ,secret>y ( ,homel& ,security %all issue appropriate regulations to acc\nt = ! modifi$ def9ition ( t>get$ employm5t area 9 section #bjc7;b77#e77,q77xi7 ( ! ,immigration & ,nationality ,act1 z add$ by p>agraph 7#a71 )9 #ahj days ( ! enactm5t ( ?is ,act4 7f7 ,age det]m9ation = *ildr5 ( ali5 inve/ors ,section #bjc7;h7 ( su* ,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 :o has rea*$ #ba ye>s ( age & has be5 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;,a or subp>agraph 7,o7 ( subsection 7b77#e71 %all cont9ue to be consid]$ a *ild ( ! pr9cipal ali5 = ! purpose ( a subsequ5t immigrant petition by ! pr9ciple ali5 "u subsection 7b77#e7 if ! ali5 :o 0 a *ild ( ! pr9ciple 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 rea*es #ba ye>s ( age4 4 7g7 ,enhanc$ pay scale = c]ta9 f$]al employees adm9i/]+ ! employm5t creation program ,! ,secret>y ( ,homel& ,security may e/abli%1 fix ! comp5sation (1 & appo9t individuals to designat$ critical1 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 7h7 ,concurr5t fil+ ( ,,eb-#e petitions & applications = 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+ or 7#c7 & ins]t+ 7#c71 or 7#e72 & 7#b7 by add+ at ! end ! foll[+3 7n7 ,if ! approval ( a petition = classification "u section #bjc7;b77#e7 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 7i7 ,con=m+ ,*anges 7#a7 ,section #bja7;d77#a7 is am5d$ by-- 7,a7 /rik+ ! p]iod at ! end ( subp>agraph 7,b7 & ins]t+ 1 plus2 & 7,b7 ins]t+ ! foll[+ new subp>agraph 7,c7 at ! end-- 7,c7 ! numb] ( unus$ visas comput$ "u section #bjc7;b77#e77;,c77i77,,ii7 7:i* numb] %all be allocat$ pursuant to su* section74 4 7#b7 ,section #bjc7;b77#a7 ( ! ,immigration & ,nationality ,act is am5d$ by ins]t+ 1 subject to section #bjc7;b77#e77;,c77i71 aft] classes specifi$ 9 p>agraphs 7#d7 & 7#e74 7#c7 ,section #bjc7;b77#e77;,a7 ( ! ,immigration & ,nationality ,act is am5d$ by /rik+ ,visas %all be made available & ins]t+ ,subject to section #bjc7;b77#e77;,c77i71 visas %all be made available4 7j7 ,effective dates 7#a7 ,9 g5]al ,except z provid$ "u p>agraph 7#b71 ! am5dm5ts made by ?is section %all be effective ^u ! date ( ! enactm5t ( ?is ,act4 7#b7 ,exceptions 7,a7 ,9 g5]al ,! am5dm5ts made by subp>agraphs 7,a7 & 7,b7 ( subsection 7c77#a7 & subsection 7e77#a7 %all n apply to a b5efici>y ( a petition t-- 7i7 0 fil$ by an ali5 inve/or "u section #bjc7;b77#e7 ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aaec7;b77#e77 prior to ,june #a1 #bjae2 7ii7 0 fil$ by an ali5 inve/or "u su* section #bjc7;b77#e7 dur+ ! p]iod beg9n+ on ,june #a1 #bjae1 & end+ on ! date ( ! enactm5t ( ?is ,act if su* b5efici>y is inve/+ 9 ! same comm]cial ent]prise conc]n+ ! same economic activity z conta9$ 9 an exempl> fil$ prior to ,june #a1 #bjae1 or approv$ by ! ,secret>y ( ,homel& ,security at any "t prior to ! date ( enactm5t ( ?is ,act1 unless ! ,secret>y det]m9es t su* approval or fil+ 0 bas$ on fraud1 misrepres5tation 9 ! record ( proce$+1 or is legally defici5t2 or 7iii7 is fil$ "u section #baf;,a ( su* ,act 7#h ,u4,s4,c4 #aahf;b7 if ! und]ly+ petition fil$ "u section #bjc7;b77#e7 ( su* ,act 0 fil$ prior to ,june #a1 #bjae1 or approv$ be=e ! date ( ! enactm5t ( ?is ,act4 7,b7 ,res]v$ visas ,items 7aa7 & 7bb7 ( section #bjc7;b77#e77;,c77i77,i7 ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aaec7;b77#e77;,c77i77,i771 z add$ by ?is section1 %all take effect beg9n+ on ,octob] #a1 #bjaf4 7#c7 ,r$esignation 7,a7 ,petition am5dm5t ,petition]s describ$ 9 p>agraph 7#b77;,a7 may apply to am5d _! petition to r$esignate ! t>get$ employm5t area ^u :i* su* petition 0 bas$ to con=m to ! t>get$ employm5t area crit]ia describ$ 9 section #bjc7;b77#e77,q7 ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aaec7;b77#e77,q771 z am5d$ by subsection 7e71 if su* application = am5dm5t is fil$ ) ! ,secret>y prior to ,octob] #a1 #bjag4 7,b7 ,ret5tion ( priority date ,if a petition] applies to am5d a petition 9 accordance ) subp>agraph 7,a7-- 7i7 ! immigrant visa priority date relat$ to ! orig9al petition %all be reta9$2 7ii7 *anges made 9 ! am5d$ petition to r$esignate su* area %all n be deem$ a mat]ial *ange2 & 7iii7 ! m9imum inve/m5t am\nt su* petition] is requir$ to make %all n be affect$ by any su* r$esignation4 #e4 ,conditional p]man5t resid5t /atus = ali5 inve/ors1 sp\ses1 & *ildr5 7a7 ,9 g5]al ,section #baf;,a ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aahf;b7 is am5d$-- 7#a7 by /rik+ ,attorney ,g5]al ea* place su* t]m appe>s 7except 9 subsection 7d77#b77;,c77 & ins]t+ ,secret>y ( ,homel& ,security2 7#b7 by /rik+ entrepr5eur ea* place su* t]m appe>s & ins]t+ inve/or2 7#c7 9 subsection 7a71 by am5d+ p>agraph 7#a7 to read z foll[s3 7#a7 ,conditional basis = /atus 7,a7 ,9 g5]al ,except z provid$ 9 subp>agraph 7,b71 an ali5 inve/or1 ali5 sp\se1 & ali5 *ild %all be consid]$1 at ! "t ( obta9+ /atus ( an ali5 lawfully admitt$ = p]man5t resid5ce1 to h obta9$ su* /atus on a conditional basis subject to ! provisions ( ?is section4 7,b7 ,exception ,an ali5 inve/or 7& 8 or h] ali5 sp\se or ali5 *ild7 ^: petition "u subsection 7f7 is approv$ be=e ! ali5 inve/or is lawfully admitt$ = p]man5t resid5ce %all be grant$ ! /atus ( an ali5 lawfully admitt$ = p]man5t resid5ce )\t conditions4 2 7#d7 9 subsection 7b7-- 7,a7 9 ! head+1 by /rik+ ,entrepr5eur%ip & ins]t+ ,inve/m5t2 & 7,b7 by am5d+ p>agraph 7#a77;,b7 to read z foll[s3 7,b7 ! ali5 did n inve/ ! requisite capital2 or 2 7#e7 9 subsection 7c7-- 7,a7 9 ! head+1 by /rik+ ( ,timely ,petition & ,int]view2 7,b7 9 p>agraph 7#a7-- 7i7 9 ! matt] prec$+ subp>agraph 7,a71 by /rik+ ,9 ord] & ins]t+ ,except z provid$ 9 p>agraph 7#c77;,d71 9 ord]2 7ii7 9 subp>agraph 7,a7-- 7,i7 by /rik+ mu/ & ins]t+ %all2 & 7,,ii7 by /rik+ 1 & & ins]t+ a semicolon2 7iii7 9 subp>agraph 7,b7-- 7,i7 by /rik+ mu/ & ins]t+ %all2 7,,ii7 by /rik+ ,s]vice & ins]t+ ,dep>tm5t ( ,homel& ,security2 & 7,,iii7 by /rik+ ! p]iod at ! end & ins]t+ 2 &2 & 7iv7 by add+ at ! end ! foll[+3 7,c7 ! ,secret>y %all h p]=m$ a site visit to ! new comm]cial ent]prise & job-creat+ entity 9 :i* ! ali5 inve/or inve/$ capital "u subp>agraph 7,a7 ( section #bjc7;b77#e7 pursuant to subp>agraph 7,i77iii7 ( su* section4 2 & 7,c7 9 p>agraph 7#c7-- 7i7 9 subp>agraph 7,a71 9 ! undesignat$ matt] foll[+ clause 7ii71 by /rik+ ! be=e su* fil+2 & 7ii7 by am5d+ subp>agraph 7,b7 to read z foll[s3 7,b7 ,removal or ext5sion ( conditional basis 7i7 ,9 g5]al ,except z provid$ 9 clause 7ii71 if ! ,secret>y det]m9es t ! facts & in=mation conta9$ 9 a petition submitt$ "u p>agraph 7#a77;,a7 are true1 includ+ demon/rat+ t ! ali5 compli$ ) subsection 7d77#a77;,b77i71 ! ,secret>y %all-- 7,i7 notify ! ali5 involv$ ( su* det]m9ation2 & 7,,ii7 remove ! conditional basis ( ! ali5's /atus effective z ( ! second anniv]s>y ( ! ali5's lawful admission = p]man5t resid5ce4 7ii7 ,exception ,if ! petition demon/rates t ! facts & in=mation are true & t ! ali5 is 9 compliance ) subsection 7d77#a77;,b77ii7-- 7,i7 ! ,secret>y1 9 ! ,secret>y's discretion1 may provide "o #a-ye> ext5sion ( ! ali5's conditional /atus2 & 7,,ii7 7aa7 if ! ali5 files a petition n lat] ?an #cj days aft] ! ?ird anniv]s>y ( ! ali5's lawful admission = p]man5t resid5ce demon/rat+ t ! ali5 compli$ ) subsection 7d77#a77;,b77i71 ! ,secret>y %all remove ! conditional basis ( ! ali5's /atus effective z ( su* ?ird anniv]s>y2 or 7bb7 if ! ali5 does n file ! petition describ$ 9 item 7aa71 ! conditional /atus %all t]m9ate at ! end ( su* additional ye>4 2 7#f7 9 subsection 7d7-- 7,a7 9 p>agraph 7#a7-- 7i7 by am5d+ subp>agraph 7,a7 to read z foll[s3 7,a7 inve/$ ! requisite capital2 2 7ii7 by r$esignat+ subp>agraph 7,b7 z subp>agraph 7,c72 & 7iii7 by ins]t+ aft] subp>agraph 7,a7 ! foll[+3 7,b7 7i7 creat$ ! employm5t requir$ "u section #bjc7;b77#e77;,a77ii72 or 7ii7 is actively 9 ! process ( creat+ ! employm5t requir$ "u section #bjc7;b77#e77;,a77ii7 & w create su* employm5t be=e ! ?ird anniv]s>y ( ! ali5's lawful admission = p]man5t resid5ce2 & 2 7,b7 9 p>agraph 7#b71 by am5d+ subp>agraph 7,a7 to read z foll[s3 7,a7 #ij-;day p]iod be=e second anniv]s>y 7i7 ,9 g5]al ,except z provid$ 9 clause 7ii7 & subp>agraph 7,b71 a petition "u subsection 7c77#a77;,a7 %all be fil$ dur+ ! #ij-;day p]iod be=e ! second anniv]s>y ( ! ali5 inve/or's lawful admission = p]man5t resid5ce4 7ii7 ,exception ,ali5s describ$ 9 subclauses 7,i77bb71 7,i77cc71 & 7,,ii7 ( section #bjc7;b77#e77,o77ii7 %all file a petition "u subsection 7c77#a77;,a7 dur+ ! #ij-;day p]iod be=e ! second anniv]s>y ( ! subsequ5t inve/m5t4 2 & 7,c7 9 p>agraph 7#c7-- 7i7 by /rik+ ,! int]view & ins]t+ ! foll[+3 7,a7 ,9 g5]al ,! int]view 2 7ii7 by /rik+ ,s]vice & ins]t+ ,dep>tm5t ( ,homel& ,security2 & 7iii7 by /rik+ ! la/ s5t5ce & ins]t+ ! foll[+3 7,b7 ,waiv] ,! ,secret>y ( ,homel& ,security1 9 ! ,secret>y's discretion1 may waive ! deadl9e = su* an int]view or ! requirem5t = su* an int]view accord+ to crit]ia develop$ by ,unit$ ,/ates ,citiz5%ip & ,immigration ,s]vices 9 consultation ) its ,fraud ,detection & ,national ,security ,directorate1 & ,unit$ ,/ates ,immigration & ,cu/oms ,en=cem5t1 except t su* crit]ia %all n include r$uction ( case process+ times or ! allocation ( adjudicatory res\rces4 ,a waiv] may n be grant$ "u ?is subp>agraph if ! ali5 to be int]view$-- 7i7 inve/$ 9 a regional c5t]1 new comm]cial ent]prise1 or job-creat+ entity t 0 sanction$ "u section #bjc7;b77#e72 or 7ii7 is 9 a class ( ali5s det]m9$ by ! ,secret>y to be ?reats to public safety or national security4 2 7#g7 by r$esignat+ subsection 7f7 z subsection 7g72 7#h7 by ins]t+ aft] subsection 7e7 ! foll[+3 7f7 ,petition f qualifi$ ali5 inve/or ,an ali5 inve/or :o inve/$ ! requisite capital & creat$ ! employm5t requir$ "u section #bjc7;b77#e77;,a77ii7 at lea/ #bd mon?s be=e admission1 & is o!rwise con=m+ to ! requirem5ts "u section #bjc7;b77#e71 may file a petition1 be=e admission = p]man5t resid5ce1 to be consid]$1 at ! "t ( obta9+ /atus ( an ali5 lawfully admitt$ = p]man5t resid5ce1 to obta9 su* /atus )\t conditions4 2 & 7#i7 9 subsection 7g77#c71 z r$esignat$1 by /rik+ a limit$ p>tn]%ip & ins]t+ any entity =m$ = ! purpose ( do+ =-pr(it bus9ess4 7b7 ,effective dates 7#a7 ,9 g5]al ,except z provid$ "u p>agraph 7#b71 ! am5dm5ts made by subsection 7a7 %all take effect on ! date ( ! enactm5t ( ?is ,act4 7#b7 ,exceptions 7,a7 ,site visits ,! am5dm5t made by subsection 7a77#e77;,b77iv7 %all take effect n lat] ?an #b ye>s aft] ! date ( ! enactm5t ( ?is ,act4 7,b7 ,petition b5efici>ies ,! am5dm5ts made by subsection 7a7 %all n apply to ! b5efici>y ( a petition t is fil$ "u section #baf;,a ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aahf;b7 if ! und]ly+ petition fil$ pursuant to section #bjd7;a77#a77;,h7 ( su* ,act 7#h ,u4,s4,c4 #aaed7;a77#a77;,h77 0 approv$ be=e ! date ( ! enactm5t ( ?is ,act4 #f4 ,proc$ure = grant+ immigrant /atus 7a7 ,fil+ ord] & eligibility ,section #bjd7;a77#a77;,h7 ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aaed7;a77#a77;,h77 is am5d$ to read z foll[s3 7,h7 7i7 ,an ali5 desir+ to be classifi$ "u section #bjc7;b77#e7 may file a petition ) ! ,secret>y ( ,homel& ,security1 b only if ! ali5 is n "u #ah ye>s ( age at ! "t ( fil+4 ,an ali5 :o seeks to pool ! ali5's inve/m5t ) "o or m additional ali5s seek+ classification "u section #bjc7;b77#e7 %all file = classification pursuant to section #bjc7;b77#e77;,h74 ,an ali5 petition+ = classification pursuant to section #bjc7;b77#e77;,h7 may only file a petition ) ! ,secret>y aft] ! regional c5t] has fil$ an application = approval ( an inve/m5t "u section #bjc7;b77#e77;,i74 7ii7 ,a petition] %all e/abli% eligibility at ! "t ! ali5 files = classification "u section #bjc7;b77#e7 &1 if n eligible at ! "t ( fil+1 %all be d5i$ su* classification ev5 if ! petition] lat] becomes eligible "u mat]ially diff]5t facts or circum/ances4 ,ali5s ass]t+ eligibility "u a mat]ially diff]5t set ( facts t did n exi/ :5 ! petition 0 fil$ %all file a new petition4 ,a petition] %all cont9ue to be eligible = classification at ! "t su* petition is adjudicat$4 4 7b7 ,effective dates 7#a7 ,9 g5]al ,! am5dm5ts made by subsection 7a7 %all take effect on ! date ( ! enactm5t ( ?is ,act4 7#b7 ,applicability to petitions 7,a7 ,fil+ ,clause 7i7 ( section #bjd7;a77#a77;,h7 ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aaed7;a77#a77;,h771 z add$ by subsection 7a71 %all apply to any petition = classification pursuant to section #bjc7;b77#e77;,h7 ( su* ,act 7#h ,u4,s4,c4 #aaec7;b77#e77;,h77 t is fil$ ) ! ,secret>y ( ,homel& ,security on or aft] ! date ( ! enactm5t ( ?is ,act4 7,b7 ,eligibility ,clause 7ii7 ( section #bjd7;a77#a77;,h7 ( su* ,act1 z add$ by subsection 7a71 %all apply to any petition = classification pursuant to section #bjc7;b77#e77;,h7 ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aaec7;b77#e77;,e77 fil$ ) ! ,secret>y ( ,homel& ,security at any "t4 #g4 ,timely process+ 7a7 ,fee /udy ,n lat] ?an #ahj days aft] ! date ( ! enactm5t ( ?is ,act1 ! ,director ( ,unit$ ,/ates ,citiz5%ip & ,immigration ,s]vices %all complete a /udy ( fees *>g$ 9 ! adm9i/ration ( ! program describ$ 9 sections #bjc7;b77#e7 & #baf;,a ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aaec7;b77#e7 & #aahf;b74 7b7 ,adju/m5t ( fees ,to a*ieve effici5t process+ ,not)/&+ section #bhf7m7 ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #acef7m771 & except z provid$ "u subsection 7c71 ! ,director %all set fees = s]vices provid$ pursuant to section #bjc7;b77#e7 & #baf;,a ( su* ,act 7#h ,u4,s4,c4 #aaec7;b77#e7 & #aahf;b71 z am5d$ by ?is ,act1 & = adjudicat+ petitions fil$ pursuant to section #bjd7;a77#a77;,h7 ( su* ,act 7#h ,u4,s4,c4 #aaed7;a77#a77;,h771 z am5d$ by ?is ,act1 at a level suffici5t to ensure ! full recov]y only ( ! co/s ( provid+ su* s]vices1 includ+ ! co/ ( atta9+ ! goal ( complet+ adjudications1 on av]age1 n lat] ?an-- 7#a7 #abj days aft] receiv+ a proposal = ! e/abli%m5t ( a regional c5t] describ$ 9 section #bjc7;b77#e77;,h72 7#b7 #abj days aft] receiv+ an application = approval ( inve/m5t 9 a comm]cial ent]prise describ$ 9 section #bjc7;b77#e77;,i72 7#c7 #aej days aft] receiv+ a petition f an ali5 desir+ to be classifi$ "u section #bjc7;b77#e77;,h72 & 7#d7 #ahj days aft] receiv+ a petition f an ali5 = removal ( conditions describ$ 9 section #baf;,a7c74 7c7 ,additional fees ,additional fees 9 excess ( ! fee levels describ$ 9 subsection 7b7 may be *>g$ only to contribute-- 7#a7 9 an am\nt t is equal to ! am\nt paid by all o!r classes ( fee-pay+ applicants = immigration-relat$ b5efits1 to ! cov]age or r$uction ( ! co/s ( process+ or adjudicat+ classes ( immigration b5efit applications t ,congress1 or ! ,secret>y 9 ! case ( asylum applications1 has au?oriz$ to be process$ or adjudicat$ at no co/ or at a r$uc$ co/ to ! applicant2 & 7#b7 9 an am\nt t is n great] ?an #a p]c5t ( ! fee = fil+ a petition pursuant to section #bjd7;a77#a77;,h7 ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aaed7;a77#a77;,h771 to make improvem5ts to ! in=mation te*nology sy/ems us$ by ! ,secret>y to process1 adjudicate1 & ar*ive applications & petitions "u su* section1 includ+ ! conv]sion to electronic =mat ( docum5ts fil$ by petition]s & applicants = b5efits "u su* section4 7d7 ,premium process+ ( ,,eb-#e petitions & applications 7#a7 ,modification ( exi/+ premium process+ provision ,section #bhf7u7 ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #acef7u77 is am5d$ to read z foll[s3 7u7 ,premium fee = employm5t-,bas$ petitions & applications 7#a7 ,9 g5]al ,! ,secret>y ( ,homel& ,security is au?oriz$ to e/abli% & collect a premium fee = employm5t-bas$ petitions & applications4 ,! fee "u ?is p>agraph %all be us$ to provide c]ta9 premium-process+ s]vices to bus9ess cu/om]s & to make infra/ructure improvem5ts 9 ! adjudications & cu/om]-s]vice processes4 ,= approval ( ! b5efit appli$ =1 ! petition] or applicant %all meet ! legal crit]ia = su* b5efit4 ,except z provid$ "u p>agraph 7#b71 ! fee "u ?is p>agraph %all be set at #a1jjj1 %all be paid 9 addition to any normal petition or application fee t may be applicable1 & %all be deposit$ z (fsett+ collections 9 ! ,immigration ,exam9ations ,fee ,acc\nt4 ,! ,secret>y may adju/ ! fee "u ?is p>agraph 9 proportion to *anges 9 ! ,consum] ,price ,index4 7#b7 ,ali5 inve/or petitions & applications ,! ,secret>y %all e/abli% & collect a premium fee = exp$iti\s process+ ( applications = regional c5t] designation or regional c5t] am5dm5t "u section #bjc7;b77#e77;,h71 petitions "u section #bjc7;b77#e71 petitions = removal ( conditions on lawful p]man5t resid5ce "u section #baf;,a7c71 & applications "u section #bjc7;b77#e77;,i7 relat$ to inve/m5t 9 a new comm]cial ent]prise 7z def9$ 9 section #bjc7;b77#e77,q774 ,a petition] or applicant %all be p]mitt$ an opportunity to provide additional evid5ce id5tifi$ by ! ,secret>y 9 any su* petition or application prior to a f9al det]m9ation4 ,! premium fee = ea* su* application or petition %all be set at an am\nt suffici5t to adjudicate su* application or petition )9 #a_/b ( ! relevant p]iod set =? 9 section #f7;b7 ( ! ,am]ican ,job ,creation & ,inve/m5t ,promotion ,re=m ,act ( #bjaf1 & %all o!rwise only be us$ to recov] ! co/s ( su* process+1 includ+ ! hir+ ( additional adjudicatory /aff1 %all be paid 9 addition to any normal petition or application fee t may be applicable1 & %all be deposit$ z (fsett+ collections 9 ! ,immigration ,exam9ations ,fee ,acc\nt4 4 7#b7 ,e/abli%m5t ( ,,eb-#e premium process+ ,n lat] ?an #ahj days aft] ! date ( ! enactm5t ( ?is ,act1 ! ,secret>y ( ,homel& ,security %all e/abli% ! premium process+ ( immigrant inve/or petitions & applications1 z describ$ 9 section #bhf7u7 ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #acef7u771 z am5d$ by p>agraph 7#a74 7e7 ,delay 9 adjudication ,no?+ 9 ?is ,act may be con/ru$ to limit ! au?ority ( ! ,secret>y ( ,homel& ,security to susp5d ! adjudication ( any application or petition "u section #bjc7;b77#e7 or #baf;,a ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aaec7;b77#e7 & #aahf;b7 or relat$ petition "u section #bjd7;a77#a77;,h7 ( su* ,act 7#h ,u4,s4,c4 #aaed7;a77#a77;,h77 p5d+ ! completion ( a national security or law en=cem5t inve/igation relat+ to su* application or petition4 7f7 ,exemption f ,pap]work ,r$uction ,act ,= a p]iod ( "o ye> aft] ! date ( ! enactm5t ( ?is ,act1 ! requirem5ts ( *apt] #ce ( title #dd1 ,unit$ ,/ates ,code1 %all n apply to any collection ( in=mation requir$ "u ?is ,act1 "u any am5dm5t made by ?is ,act1 or "u any rule promulgat$ by ! ,secret>y ( ,homel& ,security to implem5t ?is ,act or ! am5dm5ts made by ?is ,act1 to ! ext5t ! ,secret>y det]m9es t compliance ) su* requirem5ts w\ld imp$e ! exp$iti\s implem5tation ( ?is ,act or ! am5dm5ts made by ?is ,act4 7g7 ,rule ( con/ruction ,no?+ 9 ?is section may be con/ru$ to require any modification ( fees be=e ! completion (-- 7#a7 ! fee /udy describ$ 9 subsection 7a72 & 7#b7 regulations promulgat$ by ! ,secret>y ( ,homel& ,security1 9 accordance ) sub*apt] ,,ii ( *apt] #e & *apt] #g ( title #e1 ,unit$ ,/ates ,code 7commonly kn[n z ! ,adm9i/rative ,proc$ure ,act71 to c>ry out subsections 7b7 & 7c74 #h4 ,transp>5cy 7a7 ,9 g5]al ,employees ( ! ,dep>tm5t ( ,homel& ,security1 includ+ ! ,secret>y ( ,homel& ,security1 ! ,secret>y's c\nselors1 ! ,assi/ant ,secret>y = ! ,private ,sector1 ! ,director ( ,unit$ ,/ates ,citiz5%ip & ,immigration ,s]vices1 c\nselors to su* ,director1 & ! ,*ief ( ,immigrant ,inve/or ,programs at ,unit$ ,/ates ,citiz5%ip & ,immigration ,s]vices1 %all act imp>tially & may n give pref]5tial treatm5t to any entity1 organization1 or individual 9 connection ) any aspect ( ! immigrant visa program describ$ 9 section #bjc7;b77#e7 ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aaec7;b77#e774 7b7 ,improp] activities ,activities t con/itute pref]5tial treatm5t "u subsection 7a7 %all include-- 7#a7 work+ on1 or 9 any way attempt+ to influ5ce1 9 a mann] n available to or accord$ to all o!r petition]s1 applicants1 & seek]s ( b5efits "u ! immigrant visa program describ$ 9 section #bjc7;b77#e7 ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aaec7;b77#e771 z am5d$ by ?is ,act1 ! /&>d process+ ( an application1 petition1 or b5efit =-- 7,a7 a regional c5t] e/abli%$ "u subp>agraph 7,h7 ( su* section2 7,b7 a new comm]cial ent]prise 7z def9$ 9 subp>agraph 7,q7 ( su* section72 7,c7 a job-creat+ entity 7z s def9$72 or 7,d7 any p]son or entity associat$ ) su* regional c5t]1 new comm]cial ent]prise1 or job-creat+ entity2 & 7#b7 meet+ or communicat+ ) p]sons associat$ ) ! entities describ$ 9 p>agraph 7#a71 at ! reque/ ( su* p]sons1 9 a mann] n available to or accord$ to all o!r petition]s1 applicants1 & seek]s ( b5efits "u su* immigrant visa program4 7c7 ,report+ ( communications 7#a7 ,writt5 communication ,employees ( ! ,dep>tm5t ( ,homel& ,security1 includ+ ! (ficials li/$ 9 subsection 7a71 %all include1 9 ! record ( proce$+ = a case "u section #bjc7;b77#e7 ( ! ,immigration & ,nationality ,act1 actual or electronic copies ( all case-specific writt5 communication1 includ+ e-mails f gov]nm5t & private acc\nts1 ) non-,dep>tm5t p]sons or entities advocat+ = regional c5t] applications or individual petitions "u su* section t are p5d+ on or aft] ! date ( ! enactm5t ( ?is ,act 7o!r ?an r\t9e communications ) o!r ag5cies ( ! ,f$]al ,gov]nm5t reg>d+ ! case1 includ+ communications involv+ backgr\nd *ecks & litigation def5se74 7#b7 ,oral communication ,if sub/antive oral communication1 includ+ telephonic communication1 virtual communication1 & 9-p]son meet+s1 takes place betwe5 (ficials ( ! ,dep>tm5t ( ,homel& ,security & non-,dep>tm5t p]sons or entities advocat+ = regional c5t] applications or individual petitions "u section #bjc7;b77#e7 ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aaec7;b77#e77 t are p5d+ on or aft] ! date ( ! enactm5t ( ?is ,act 7o!r ?an r\t9e communications ) o!r ag5cies ( ! ,f$]al ,gov]nm5t reg>d+ ! case1 includ+ communications involv+ backgr\nd *ecks & litigation def5se7-- 7,a7 ! conv]sation %all be record$2 or 7,b7 detail$ m9utes ( ! session %all be tak5 & includ$ 9 ! record ( proce$+4 7#c7 ,notification 7,a7 ,9 g5]al ,if ! ,secret>y1 9 ! c\rse ( writt5 or oral communication describ$ 9 ?is subsection1 receives evid5ce ab\t a specific case f anyone o!r ?an an affect$ p>ty or 8 or h] repres5tative 7exclud+ ,f$]al ,gov]nm5t or law en=cem5t s\rces71 su* in=mation may n be made "p ( ! record ( proce$+ & may n be consid]$ 9 adjudicative proce$+s unless-- 7i7 ! affect$ p>ty has be5 giv5 notice ( su* evid5ce2 & 7ii7 if su* evid5ce is d]ogatory1 ! affect$ p>ty has be5 giv5 an opportunity to respond to ! evid5ce4 7,b7 ,in=mation f law en=cem5t1 intellig5ce ag5cies1 or confid5tial s\rces 7i7 ,law en=cem5t or intellig5ce ag5cies ,evid5ce receiv$ f law en=cem5t or intellig5ce ag5cies may n be made "p ( ! record ( proce$+ )\t ! cons5t ( ! relevant ag5cy or law en=cem5t entity4 7ii7 ,:i/lebl[]s1 confid5tial s\rces1 or intellig5ce ag5cies ,evid5ce receiv$ f :i/lebl[]s1 o!r confid5tial s\rces1 or ! intellig5ce community t is includ$ 9 ! record ( proce$+ & consid]$ 9 adjudicative proce$+s %all be h&l$ 9 a mann] t does n reveal ! id5tity ( ! :i/lebl[] or confid5tial s\rce1 or reveal classifi$ in=mation4 7d7 ,consid]ation ( evid5ce 7#a7 ,9 g5]al ,no case-specific communication ) p]sons or entities t are n "p ( ! ,dep>tm5t ( ,homel& ,security may be consid]$ 9 ! adjudication ( an application or petition "u section #bjc7;b77#e7 ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aaec7;b77#e77 unless ! communication is includ$ 9 ! record ( proce$+ ( ! case4 7#b7 ,waiv] ,! ,secret>y ( ,homel& ,security may waive ! requirem5t "u p>agraph 7#a7 only 9 ! int]e/s ( national security or = inve/igative or law en=cem5t purposes4 7e7 ,*annels ( communication 7#a7 ,e-mail address or equival5t ,! ,director ( ,unit$ ,/ates ,citiz5%ip & ,immigration ,s]vices %all ma9ta9 an e-mail acc\nt 7or equival5t means ( communication7 = p]sons or entities-- 7,a7 ) inquiries reg>d+ specific petitions or applications "u ! immigrant visa program describ$ 9 section #bjc7;b77#e7 ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aaec7;b77#e772 or 7,b7 seek+ non-case-specific in=mation ab\t ! immigrant visa program describ$ 9 su* section #bjc7;b77#e74 7#b7 ,communication only ?r\gh appropriate *annels or (fices 7,a7 ,ann\ncem5t ( appropriate *annels ( communication ,n lat] ?an #dj days aft] ! date ( ! enactm5t ( ?is ,act1 ! ,director ( ,unit$ ,/ates ,citiz5%ip & ,immigration ,s]vices %all ann\nce t ! only *annels or (fices by :i* indu/ry /akehold]s1 petition]s1 applicants1 & seek]s ( b5efits "u ! immigrant visa program describ$ 9 section #bjc7;b77#e7 ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aaec7;b77#e77 may communicate ) ! ,dep>tm5t ( ,homel& ,security reg>d+ specific cases "u su* section 7except = communication made by applicants & petition]s pursuant to regul> adjudicatory proc$ures71 or non-case-specific in=mation ab\t ! visa program applicable to c]ta9 cases "u su* section1 are ?r\gh-- 7i7 ! e-mail address or equival5t *annel describ$ 9 p>agraph 7#a72 7ii7 ! ,unit$ ,/ates ,citiz5%ip & ,immigration ,s]vices ,national ,cu/om] ,s]vice ,c5t]1 or any successor to t ,c5t]2 or 7iii7 ! ,unit$ ,/ates ,citiz5%ip & ,immigration ,s]vices ,(fice ( ,public ,engagem5t1 ,immigrant ,inve/or ,program ,(fice1 ,/akehold] ,engagem5t ,bran*1 or any successors to ^? ,(fices or ,bran*4 7,b7 ,direction ( incom+ communications 7i7 ,9 g5]al ,employees ( ! ,dep>tm5t ( ,homel& ,security %all direct communications describ$ 9 subp>agraph 7,a7 to ! *annels ( communication or (fices li/$ 9 subp>agraph 7,a74 7ii7 ,rule ( con/ruction ,no?+ 9 ?is subp>agraph may be con/ru$ to prev5t-- 7,i7 any p]son f communicat+ ) ! ,ombudsman ( ,unit$ ,/ates ,citiz5%ip & ,immigration ,s]vices reg>d+ ! immigrant inve/or program "u section #bjc7;b77#e7 ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aaec7;b77#e772 or 7,,ii7 ! ,ombudsman f resolv+ problems reg>d+ su* immigrant inve/or program pursuant to ! au?ority grant$ "u section #deb ( ! ,homel& ,security ,act ( #bjjb 7#f ,u4,s4,c4 #bgb74 7,c7 ,log 7i7 ,9 g5]al ,! ,director ( ,unit$ ,/ates ,citiz5%ip & ,immigration ,s]vices %all ma9ta9 a writt5 or electronic log (-- 7,i7 all communications describ$ 9 subp>agraph 7,a7 & communications f memb]s ( ,congress1 :i* %all ref]5ce ! date1 "t1 & subject ( ! communication1 & ! id5tity ( ! ,dep>tm5t (ficial1 if any1 to :om ! inquiry 0 =w>d$2 7,,ii7 ) respect to writt5 communications describ$ 9 subsection 7c77#a71 ! date ! communication 0 receiv$1 ! id5tities ( ! s5d] & addressee1 & ! subject ( ! communication2 & 7,,iii7 ) respect to oral communications describ$ 9 subsection 7c77#b71 ! date on :i* ! communication occurr$1 ! p>ticipants 9 ! conv]sation or meet+1 & ! subject ( ! communication4 7ii7 ,transp>5cy ,! log ( communications describ$ 9 clause 7i7 %all be made publicly available 9 accordance ) section #eeb ( title #e1 ,unit$ ,/ates ,code 7commonly kn[n z ! ,fre$om ( ,in=mation ,act74 7#c7 ,publication ( in=mation ,if1 z a result ( a communication ) an (ficial ( ! ,dep>tm5t ( ,homel& ,security1 a p]son or entity inquir+ ab\t a specific case or g5]ally ab\t ! immigrant visa program describ$ 9 section #bjc7;b77#e7 ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aaec7;b77#e77 receiv$ g5]ally applicable & non-case specific in=mation ab\t program requirem5ts or adm9i/ration t has n be5 made publicly available by ! ,dep>tm5t1 ! ,director ( ,unit$ ,/ates ,citiz5%ip & ,immigration ,s]vices1 n lat] ?an #cj days aft] ! communication ( su* in=mation to su* p]son or entity1 %all publi% su* in=mation on ! ,unit$ ,/ates ,citiz5%ip & ,immigration ,s]vices ,web site z an update to ! relevant ,frequ5tly ,ask$ ,que/ions page or by "s o!r comp>able me*anism4 7f7 ,p5alty 7#a7 ,9 g5]al ,any p]son :o int5tionally violates ! prohibition on pref]5tial treatm5t "u ?is section or int5tionally violates ! report+ requirem5ts "u subsection 7c7 %all be discipl9$ 9 accordance ) p>agraph 7#b74 7#b7 ,sanctions ,n lat] ?an #ij days aft] ! date ( ! enactm5t ( ?is ,act1 ! ,secret>y ( ,homel& ,security %all e/abli% a graduat$ set ( sanctions bas$ on ! sev]ity ( ! violation ref]r$ to 9 p>agraph 7#a71 :i* may include1 9 addition to any crim9al or civil p5alties t may be impos$1 writt5 reprim&1 susp5sion1 demotion1 or removal4 7g7 ,rule ( con/ruction ,no?+ 9 ?is section may be con/ru$ to modify any law1 regulation1 or policy reg>d+ ! h&l+ or disclosure ( classifi$ in=mation4 7h7 ,no creation ( private "r ( action ,no?+ 9 ?is section may be con/ru$ to create or au?orize a private "r ( action to *all5ge a decision ( an employee ( ! ,dep>tm5t ( ,homel& ,security4 #i4 ,reports 7a7 ,,gao report ,n lat] ?an ,decemb] #ca1 #bjai1 ! ,comptroll] ,g5]al ( ! ,unit$ ,/ates %all submit a report to ! ,committee on ! ,judici>y ( ! ,s5ate & ! ,committee on ! ,judici>y ( ! ,h\se ( ,repres5tatives t describes-- 7#a7 ! economic b5efits ( ! regional c5t] program e/abli%$ "u section #bjc7;b77#e7 ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aaec7;b77#e771 includ+ ! /eps tak5 by ,unit$ ,/ates ,citiz5%ip & ,immigration ,s]vices to v]ify job creation2 7#b7 ! ext5t to :i* ,unit$ ,/ates ,citiz5%ip & ,immigration ,s]vices ensures compliance by regional c5t] p>ticipants ) _! obligations "u ! immigrant inve/or program2 7#c7 ! ext5t to :i* ,unit$ ,/ates ,citiz5%ip & ,immigration ,s]vices has ma9ta9$ records ( regional c5t]s & associat$ comm]cial ent]prises1 includ+ annual /atem5ts & c]tifications2 7#d7 ! /eps tak5 by ,unit$ ,/ates ,citiz5%ip & ,immigration ,s]vices to v]ify ! s\rce ( funds1 z requir$ "u section #bjc7;b77#e77;,d7 ( ! ,immigration & ,nationality ,act1 z add$ by section #b ( ?is ,act2 7#e7 ! ext5t to :i* ,unit$ ,/ates ,citiz5%ip & ,immigration ,s]vices collaborates ) o!r ,f$]al & law en=cem5t ag5cies1 p>ticul>ly to detect illegal activity & ?reats to national security relat$ to ! regional c5t] program2 7#f7 ! ext5t to :i* ,unit$ ,/ates ,citiz5%ip & ,immigration ,s]vices has prev5t$ fraud & abuse 9 regional c5t] activities1 includ+ ! designation ( t>get$ employm5t areas 9 areas t o!rwise h high employm5t2 7#g7 ! ext5t to :i* ,unit$ ,/ates ,citiz5%ip & ,immigration ,s]vices has us$ its au?ority to sanction1 susp5d1 b>1 or t]m9ate regional c5t]s or individuals affiliat$ ) regional c5t]s2 7#h7 ! /eps t h be5 tak5 to ov]see direct & ?ird-p>ty promot]s "u section #bjc7;b77#e77,n7 ( ! ,immigration & ,nationality ,act1 z add$ by section #c ( ?is ,act2 7#i7 ! ext5t to :i* employees ( ! ,dep>tm5t ( ,homel& ,security h compli$ ) ! e?ical /&>ds & transp>5cy requirem5ts "u section #h ( ?is ,act2 & 7#aj7 an acc\nt+ ( ! exp5diture ( am\nts f ! ,,eb-#e ,integrity ,fund e/abli%$ "u section #bjc7;b77#e77,m7 ( ! ,immigration & ,nationality ,act1 z add$ by section #c ( ?is ,act4 7b7 ,inspector ,g5]al report ,n lat] ?an ,decemb] #ca1 #bjai1 ! ,inspector ,g5]al ( ! ,intellig5ce ,community1 9 coord9ation ) ! ,inspector ,g5]al ( ! ,dep>tm5t ( ,homel& ,security & aft] consultation ) relevant ,f$]al ag5cies1 includ+ ,unit$ ,/ates ,immigration & ,cu/oms ,en=cem5t1 %all submit a report to ! ,committee on ! ,judici>y ( ! ,s5ate & ! ,committee on ! ,judici>y ( ! ,h\se ( ,repres5tatives conc]n+ ! immigrant visa program set =? 9 section #bjc7;b77#e7 ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aaec7;b77#e77 t describes-- 7#a7 ! vuln]abilities )9 ! program t may und]m9e ! national security ( ! ,unit$ ,/ates2 7#b7 ! actual or pot5tial use ( ! program to facilitate export ( s5sitive te*nology2 7#c7 ! actual or pot5tial use ( ! program to facilitate economic espionage2 7#d7 ! actual or pot5tial use ( ! program by =eign gov]nm5t ag5ts2 & 7#e7 ! actual or pot5tial use ( ! program to facilitate t]rori/ activity1 includ+ fund+ t]rori/ activity or laund]+ t]rori/ funds4 7c7 ,review ( job creation me?odologies ,n lat] ?an #a ye> aft] ! date ( ! enactm5t ( ?is ,act1 ! ,secret>y ( ,homel& ,security1 9 consultation ) ! ,bureau ( ,economic ,analysis ( ! ,dep>tm5t ( ,comm]ce1 or ano!r compon5t )9 ! ,dep>tm5t ( ,comm]ce1 z det]m9$ by ! ,secret>y ( ,comm]ce1 %all publi% regulations to det]m9e economically & /ati/ically valid g5]al economic me?odologies t are 9 compliance ) section #bjc7;b77#e77;,a77ii7 ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aaec7;b77#e77;,a77ii774 7d7 ,report 7#a7 ,9 g5]al ,n lat] ?an #c ye>s aft] ! date ( ! enactm5t ( ?is ,act1 ! ,secret>y ( ,homel& ,security1 9 coord9ation ) ! ,secret>y ( ,comm]ce & aft] consultation ) relevant ,f$]al ag5cies1 %all submit a report to ! ,committee on ! ,judici>y ( ! ,s5ate & ! ,committee on ! ,judici>y ( ! ,h\se ( ,repres5tatives t describes1 ) respect to ! program "u section #bjc7;b77#e7 ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aaec7;b77#e77-- 7,a7 ! p]c5tage ( complet$ & p5d+ capital inve/m5t projects & ! numb] ( ali5 inve/ors inve/+ pursuant to su* program 9 ! ,/ates1 metropolitan & micropolitan /ati/ical areas1 & c\nties 9 :i* su* projects occurr$ 9 ea* fiscal ye>1 )9 ! scope ( bus9ess plans fil$ pursuant to section #bjc7;b77#e77;,i7 ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aaec7;b77#e77;,i771 z add$ by ?is ,act1 bo? approv$ & await+ approval-- 7i7 9 rural areas2 7ii7 9 rural areas :]e ! m$ian family income is #abe p]c5t or m ?an ! national av]age2 7iii7 9 priority urban inve/m5t areas2 7iv7 = infra/ructure projects2 7v7 = manufactur+ projects2 & 7vi7 9 areas t are n describ$ 9 any ( ! clauses 7i7 ?r\gh 7v72 7,b7 :e!r o!r ,f$]al f9ancial assi/ance & tax inc5tive programs1 su* z economic developm5t programs adm9i/]$ by ! ,dep>tm5t ( ,agriculture1 ! ,dep>tm5t ( ,h\s+ & ,urban ,developm5t1 or ! ,community ,developm5t ,f9ancial ,in/itutions ,fund1 are also us$ or available = use by projects describ$ 9 subp>agraph 7,a72 7,c7 7i7 :at data is available to assess commut+ patt]ns f high unemploym5t c5sus tracts to project locations2 7ii7 :e!r ! consid]ation ( su* commut+ patt]ns may be an appropriate factor = t>get$ employm5t area designations2 & 7iii7 :e!r su* data c be us$ to assess job creation 9 high unemploym5t c5sus tracts2 7,d7 :e!r m>ket dem&s to approve projects describ$ 9 subp>agraph 7,a7 exce$ ! numb] ( visas all[$ "u section #bjc7;b77#e7 ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aaec7;b77#e772 7,e7 :e!r o!r metrics or ,f$]al data sets are available t capture und]s]v$ or und]capitaliz$ communities t may provide an appropriate factor = t>get$ employm5t area designations2 & 7,f7 :at data is available to assess ! p]c5tage ( jobs creat$ ?r\gh ! inve/or visa program t are held by p]sons :o reside 9 c5sus tracts t h an unemploym5t rate ( at lea/ #aej p]c5t ( ! national av]age4 7#b7 ,public input ,n lat] ?an #fj days be=e ! submission ( ! report requir$ "u p>agraph 7#a71 ! ,secret>y ( ,homel& ,security %all provide ! public ) notice & an opportunity to comm5t on ! draft report4