,,ii  #aad? ,,congress  #a/ ,session    
,s4 #aeja  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,june #c1 #bjae,mr4    
,leahy 7= himself & ,mr4 ,grassley7     
introduc$ ! foll[+ bill2 :i* 0 read     
twice & ref]r$ to ! ,committee on !     
,judici>y  ,a ,,bill  ,to promote & re=m
 =eign capital inve/m5t & job creation 9
 ,am]ican communities4  #a4 ,%ort title 
,?is ,act may be cit$ z ! ,am]ican ,job 
,creation & ,inve/m5t ,promotion ,re=m  
,act ( #bjae4  #b4 ,reau?orization (    
,,eb-#e ,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$4  7b7 ,au?orization ,section   
#bjc7;b77#e7 ( ! ,immigration &         
,nationality ,act 7#h ,u4,s4,c4         
#aaec7;b77#e77 is am5d$ by add+ at ! end
 ! foll[+3  7,e7 ,regional c5t] program 
7i7 ,9 g5]al ,visas "u ?is p>agraph %all
 be made available ?r\gh ,septemb] #cj1 
#bjbj1 to qualifi$ immigrants 7& !      

eligible sp\se & *ildr5 ( su*           
immigrants7 p>ticipat+ 9 a program      
implem5t+ ?is p>agraph t involves a     
regional c5t] 9 ! ,unit$ ,/ates1 :i* has
 be5 designat$ by ! ,secret>y ( ,homel& 
,security on ! basis ( a proposal = !   
promotion ( economic gr[?1 includ+      
prospective job creation & increas$     
dome/ic capital inve/m5t4  7ii7         
,priority ,9 process+ petitions "u      
section #bjd7;a77#a77;,h7 =             
classification "u ?is p>agraph1 !       
,secret>y ( ,homel& ,security may give  
priority to petitions fil$ by ali5s     
seek+ admission "u ?is subp>agraph4     
,not)/&+ subsection 7e71 immigrant visas
 made available "u ?is p>agraph may be  
issu$ to su* ali5s 9 an ord] t takes    
into acc\nt any priority accord$ "u ?is 
clause4  7iii7 ,e/abli%m5t ( a regional 
c5t] ,a regional c5t] %all op]ate )9 a  
def9$ geographic area1 :i* %all be      
describ$ 9 ! proposal & be consi/5t ) ! 
purpose ( conc5trat+ pool$ inve/m5t )9 !
 def9$ & limit$ geographic area4 ,!     

proposal to e/abli% a regional c5t] %all
 demon/rate t ! pool$ inve/m5t w h a    
significant economic impact on su*      
geographic area1 & %all include--  7,i7 
reasonable pr$ictions1 support$ by      
economically & /ati/ically valid =eca/+ 
tools1 conc]n+ ! am\nt ( inve/m5t t w be
 pool$1 ! k9ds ( comm]cial ent]prises t 
w receive su* inve/m5ts1 v]ifiable      
details ( ! jobs t w be creat$ directly 
or indirectly z a result ( su*          
inve/m5ts1 & o!r positive economic      
effects su* inve/m5ts w h2 &  7,,ii7 a  
description ( ! policies & proc$ures 9  
place reasonably design$ to monitor     
associat$ comm]cial ent]prises to ensure
 compliance ) all laws1 regulations1 &  
,executive ord]s ( ! ,unit$ ,/ates4     
7iv7 ,indirect job creation ,! ,secret>y
 ( ,homel& ,security %all p]mit ali5s   
seek+ admission "u ?is p>agraph to      
satisfy up to #ij p]c5t ( ! requirem5ts 
"u subp>agraph 7,a77ii7 ) jobs t are    
e/imat$ to be creat$ indirectly ?r\gh   
inve/m5t "u ?is p>agraph 9 accordance ) 

?is subp>agraph4  7v7 ,compliance  7,i7 
,9 g5]al ,9 det]m9+ compliance )        
subp>agraph 7,a77ii71 ! ,secret>y (     
,homel& ,security %all--  7aa7 p]mit    
ali5s seek+ admission "u ?is p>agraph to
 rely on economically & /ati/ically     
valid me?odologies = det]m9+ ! numb] (  
jobs creat$ by ! program1 includ+1      
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 ! program2 &  7bb7   
v]ify t ! jobs describ$ 9 item 7aa7 meet
 ! requirem5ts "u ?is subp>agraph by us+
 a me?odology t has be5 accept$ by !    
,bureau ( ,economic ,analysis ( !       
,dep>tm5t ( ,comm]ce to be economically 
& /ati/ically valid = su* purposes4     
7,,ii7 ,projects involv+ capital        
contribution f non-ali5 entrepr5eurs    
7aa7 ,cr$it = job creation ,ali5        
entrepr5eurs may accrue cr$it = job     
creation bas$ on capital inve/m5t       

provid$ by non-ali5 entrepr5eurs only = 
! p]c5tage ( total jobs creat$ t is     
equal to ! p]c5tage ( total capital     
inve/m5t provid$ by su* non-ali5        
entrepr5eurs 9 ! comm]cial ent]prise4   
7bb7 ,limitation ,! p]c5tage ( jobs     
creat$ = :i* ali5 entrepr5eurs may      
accrue cr$it "u item 7aa7 bas$ on su*   
non-ali5 entrepr5eur capital            
contribution may n exce$ #cj p]c5t ( all
 jobs creat$ ev5 if su* contribution    
exce$s #cj p]c5t4  7,,iii7 ,ineligible  
jobs ,9 det]m9+ compliance ) ! job      
creation requirem5ts "u subp>agraph     
7,a77ii71 ! ,secret>y may n include jobs
 e/imat$ to be creat$ "u a              
t5ant-occupancy me?odology4  7vi7       
,am5dm5ts ,! ,secret>y ( ,homel&        
,security %all--  7,i7 require approv$  
regional c5t]s to give advance notice to
 ! ,secret>y ( significant propos$      
*anges to _! organizational /ructure1   
own]%ip1 or adm9i/ration1 includ+ ! sale
 or r5tal ( su* c5t]s2  7,,ii7 approve  
or disapprove ! *anges ref]r$ to 9      

subclause 7,i7 be=e any su* propos$     
*anges take effect2 &  7,,iii7 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 website ( ,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,h74  7,f7 ,bus9ess     
plans = regional c5t] inve/m5ts  7i7    
,application = approval ( inve/m5t 9    
comm]cial ent]prise ,a comm]cial        
ent]prise associat$ ) a regional c5t]   
%all file an application )1 & obta9     
approval f1 ! ,secret>y ( ,homel&       
,security = ea* p>ticul> inve/m5t (f]+  
?r\gh ! comm]cial ent]prise to ali5s    
seek+ classification "u ?is p>agraph1   
: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
 docum5ts fil$ ) ! ,securities &        
,ex*ange ,commission "u ! ,securities   
,act ( #aicc 7#ae ,u4,s4,c4 #gg;a et    
seq472  7,,iv7 inve/m5t & (f]+ docum5ts1
 includ+ subscription1 inve/m5t1        
p>tn]%ip1 & op]at+ agreem5ts1 private   
placem5t memor&a1 t]m %eets1 managem5t  
biographies1 ! description ( ! bus9ess  
plan to be provid$ to pot5tial ali5     
entrepr5eurs1 & any m>ket+ mat]ials us$ 
or prep>$ = use 9 connection ) ! (f]+ by
 ! regional c5t] or any associat$       
comm]cial ent]prise1 :i* %all conta9    
ref]5ces1 z appropriate1 to any--  7aa7 
inve/m5t risks associat$ ) ! new        
comm]cial ent]prise & any o!r bus9ess   
subsequ5tly receiv+ inve/m5t capital f !
 new comm]cial ent]prise2  7bb7         
conflicts ( int]e/ t curr5tly exi/ or   
may arise among ! regional c5t]1 new    
comm]cial ent]prise1 o!r bus9ess        
subsequ5tly receiv+ inve/m5t capital f !
 new comm]cial ent]prise1 or ! pr9cipals
 ( ! a=em5tion$ entities2  7cc7 ! "n &  

contact in=mation ( any p]son t has     
receiv$ or ! comm]cial ent]prise kn[s w 
receive any fees or transaction-bas$    
comp5sation 9 connection ) ! inve/m5t1 &
 a description ( ! s]vices p]=m$ or to  
be p]=m$ by su* p]son :i* entitle !m to 
! fees or transaction-bas$ comp5sation2 
&  7dd7 any p5d+ litigation or          
bankruptcy or adv]se judgm5ts dur+ ! mo/
 rec5t #aj-ye> p]iod affect+ ! regional 
c5t]1 new comm]cial ent]prise1 any o!r  
bus9ess subsequ5tly receiv+ inve/m5t    
capital f ! new comm]cial ent]prise1 or 
any o!r ent]prise 9 :i* any pr9cipal ( !
 a=em5tion$ entities held majority      
own]%ip at ! "t2  7,v7 a description ( !
 policies & proc$ures reasonably design$
 to ensure t ! comm]cial ent]prise1 its 
ag5ts1 employees1 & attorneys1 & any    
p]sons 9 active conc]t or p>ticipation )
 ! comm]cial ent]prise1 comply ) !      
securities laws ( ! ,unit$ ,/ates 9     
connection ) ! (f]1 pur*ase1 or sale (  
its securities2  7,,vi7 a c]tification t
 ! comm]cial ent]prise & its ag5ts1     

employees1 & attorneys1 & any p]sons 9  
active conc]t or p>ticipation ) !       
comm]cial ent]prise1 are 9 compliance ) 
! securities laws ( ! ,unit$ ,/ates 9   
connection ) ! (f]1 pur*ase1 or sale (  
its securities2 &  7,,vii7 = a capital  
inve/m5t 9 a t>get$ employm5t area1 a   
cr$ible economic analysis reg>d+ e/imat$
 job creation t is likely to occur--    
7aa7 if ! t>get$ employm5t area is      
locat$ )9 a comb9$ /ati/ical area or a  
metropolitan /ati/ical area1 9 ! comb9$ 
/ati/ical area or metropolitan /ati/ical
 area2 or  7bb7 if ! t>get$ employm5t   
area is locat$ outside ( an area        
describ$ 9 item 7aa71 9 any c\nty t is  
includ$ 9 ! t>get$ employm5t area &     
c\nties adjac5t to ! t>get$ employm5t   
area4  7ii7 ,effect ( approval ( bus9ess
 plan = inve/m5t 9 regional c5t]        
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 comm]cial ent]prise conc]n+ !    
same economic activity1 & ( petitions   
fil$ "u section #baf;,a1 unless !       
,secret>y ( ,homel& ,security det]m9es t
 !re is evid5ce ( fraud1                
misrepres5tation1 crim9al misuse1 a     
?reat to public safety or national      
security1 a mat]ial *ange t affects !   
approv$ economic model1 o!r evid5ce     
affect+ program eligibility t 0 n       
disclos$ by ! petition] dur+ ! approval 
process1 or a mat]ial mi/ake ( law or   
fact 9 ! prior adjudication4  7iii7     
,consid]ation ( fraudul5t or o!r crim9al
 activity 9 e/abli%+ eligibility crit]ia
  7,i7 ,9 g5]al ,! ,secret>y ( ,homel&  
,security %all consid] ! pot5tial =     
fraud1 misrepres5tation1 crim9al misuse1
 & ?reats to public safety or national  
security 9 e/abli%+ eligibility crit]ia 
"u ?is subp>agraph4  7,,ii7 ,gr\nds =   
d5ial or revocation ,! ,secret>y %all   
d5y or revoke ! approval ( any bus9ess  
plan application "u ?is subp>agraph )   
any p>ticul> inve/m5t or bus9ess        

arrangem5t t1 9 ! ,secret>y's           
unreviewable discretion--  7aa7 pres5ts 
a ?reat to public safety or national    
security2 or  7bb7 pres5ts a significant
 risk ( crim9al misuse1 fraud1 or abuse1
 includ+ arrangem5ts t involve          
self-deal+ or any o!r inh]5t conflict ( 
int]e/ betwe5 pot5tial ali5 entrepr5eurs
 & ! pr9cipals ( a regional c5t] or a   
regional c5t] associat$ comm]cial       
ent]prise4  7iv7 ,site visits ,!        
,secret>y %all p]=m at lea/ #a site     
visit to ea* regional c5t] associat$    
comm]cial ent]prise 9 accordance )      
section #baf;,a7c77#a77;,c74  7v7       
,premium process+ option ,! ,secret>y   
%all e/abli% a process = premium        
process+ ( bus9ess plan applications "u 
?is subp>agraph relat$ to inve/m5t 9 a  
regional c5t] comm]cial ent]prise1      
includ+ mak+ available ! exp$iti\s      
execution ( a site visit describ$ 9     
clause 7iv71 :i* may include an         
opportunity = ! applicant to address &  
cure any defici5cies id5tifi$ by !      

,secret>y 9 ! applicant's bus9ess plan1 
inve/m5t docum5ts1 or /atem5t reg>d+ job
 creation prior to a f9al det]m9ation4  
,! ,secret>y %all impose a fee = ! use (
 ! process describ$ 9 ?is clause        
suffici5t to recov] ! co/s ( its        
adm9i/ration4  7vi7 ,approval ( bus9ess 
plan 9 a t>get$ employm5t area ,= a     
capital inve/m5t 9 a designat$ t>get$   
employm5t area1 at lea/ #ej p]c5t ( !   
e/imat$ job creation int5d$ to =m !     
basis ( ! job creation requirem5t "u    
subp>agraph 7,a77ii7 %all be expect$ to 
occur )9 an area specifi$ 9 subp>agraph 
7,f77i77,,vii74 ,if ! e/imat$ job       
creation 9 su* area is bel[ #ej p]c5t1 !
 total numb] ( jobs creat$ by ! capital 
inve/m5t = :i* ali5 entrepr5eurs may    
receive cr$it %all be limit$ to ! numb] 
at :i* #ej p]c5t ( ! job creation       
requirem5t occurs )9 an area describ$ 9 
clause 7i77,,vii74  7,g7 ,regional c5t] 
annual /atem5ts  7i7 ,9 g5]al ,ea*      
regional c5t] designat$ "u subp>agraph  
7,e7 %all annually submit1 to !         

,director ( ,u4,s4 ,citiz5%ip &         
,immigration ,s]vices 7ref]r$ to 9 ?is  
subp>agraph z ! ,director71 9 a mann]   
prescrib$ by ! ,secret>y ( ,homel&      
,security1 a /atem5t1 includ+--  7,i7 a 
c]tification by ! regional c5t] t x     
rema9s 9 compliance ) clauses 7i7 & 7ii7
 ( subp>agraph 7,h72  7,,ii7 a          
c]tification by ! regional c5t] describ$
 9 subp>agraph 7,i77ii77,,ii72  7,,iii7 
a c]tification by ! regional c5t] t x is
 9 compliance ) subp>agraph 7,k77iii72  
7,,iv7 a description ( any p5d+         
litigation or bankruptcy proce$+s1 or   
litigation or bankruptcy proce$+s       
resolv$ dur+ ! prec$+ fiscal ye>1       
involv+ ! regional c5t] or an associat$ 
comm]cial ent]prise2  7,v7 an acc\nt+ ( 
all =eign inve/or money inve/$ 9 !      
regional c5t] & its associat$ comm]cial 
ent]prises2 &  7,,vi7 = ea* new         
comm]cial ent]prise associat$ ) !       
regional c5t]-- 7aa7 an acc\nt+ ( !     
aggregate capital inve/$ 9 ! new        
comm]cial ent]prise by ali5 entrepr5eurs

 "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 ! approv$    
bus9ess plan or plans2  7cc7 evid5ce t  
#ajj p]c5t ( su* capital has be5        
irrevocably 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$2  7ff7 a description ( all  
funds1 includ+ adm9i/rative1 loan       
monitor+1 or loan managem5t fees1 9     
addition to inve/or capital collect$ f  
ali5 entrepr5eurs by any p>ty 9 relation
 to ! inve/m5t or p>ticipation 9 !      
regional c5t] program describ$ 9        
subp>agraph 7,e71 ! entities t receiv$  
su* funds1 & ! purpose = :i* su* funds 7
 collect$2  7gg7 any docum5tation ref]r$
 to 9 subp>agraph 7,f77i77,,iv7 if !re  
has be5 a mat]ial *ange dur+ ! prec$+   
fiscal ye>2 &  7hh7 a c]tification by ! 

regional c5t] & associat$ comm]cial     
ent]prise t su* /atem5ts are accurate4  
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 ,if ! ,director     
det]m9es t a regional c5t] or o!r       
individual affiliat$ ) a regional c5t]1 
includ+ an individual affiliat$ ) an    
associat$ comm]cial ent]prise1 & any    
legal repres5tative ( su* entities1 has 
violat$ any c]tification "u clause 7i7  
or t ! regional c5t] is conduct+ itself 
9 a mann] inconsi/5t ) its designation1 
includ+ any willful & mat]ial deviation 
by comm]cial ent]prises associat$ ) !   
regional c5t] f any approv$ bus9ess plan
 = su* comm]cial ent]prises1 ! ,director

 %all sanction ! violat+ entity or      
individual "u subclause 7,,ii74  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 z det]m9$ by !          
,director1 includ+--  7aa7 civil money  
p5alties equal to n m ?an #aj p]c5t ( ! 
total capital inve/$ by ali5            
entrepr5eurs 9 ! regional c5t]'s        
associat$ comm]cial ent]prises1 ! paym5t
 ( :i* %all n 9 any circum/ance utilize 
any ( su* ali5 entrepr5eurs' capital    
inve/m5t2  7bb7 tempor>y susp5sion f    
p>ticipation 9 ! program describ$ 9     
subp>agraph 7,e71 :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 = #a or m individuals      
associat$ ) ! regional c5t] or an       
associat$ comm]cial ent]prise2 &  7dd7  
t]m9ation ( regional c5t] /atus4  7,h7  
,bona fides ( p]sons associat$ )        

regional c5t]s or regional c5t]         
associat$ comm]cial ent]prises  7i7 ,9  
g5]al ,no p]son %all be p]mitt$ by any  
regional c5t] or regional c5t] associat$
 comm]cial ent]prise to be directly or  
indirectly involv$ ) ! regional c5t] or 
comm]cial ent]prise z its pr9cipal1     
repres5tative1 adm9i/rator1 own]1 (fic]1
 bo>d memb]1 manag]1 executive1 g5]al   
p>tn]1 fiduci>y1 m>ket]1 promot]1 or o!r
 simil> position ( sub/antive au?ority =
 ! op]ations1 managem5t or promotion ( !
 regional c5t] or comm]cial ent]prise   
if--  7,i7 ! p]son has be5 f\nd liable  
)9 ! previ\s #aj ye>s = any crim9al or  
civil violation ( any law relat+ to     
fraud or deceit1 or at any "t if su*    
violation involv$ a civil liability 9   
excess ( #a1jjj1jjj1 a crim9al          
conviction ) a t]m ( imprisonm5t ( m ?an
 #a ye> or a crim9al or civil violation 
( any law or ag5cy regulation 9         
connection ) ! (f]1 pur*ase1 or sale ( a
 security2  7,,ii7 ! p]son is subject to
 a f9al ord] ( 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 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 engag+
 9 ! bus9ess ( securities1 insurance1 or
 bank+2 or 7,,cc7 engag+ 9 sav+s        
association or cr$it union activities2  
7,,iii7 !re is reasonable cause to      
believe t ! p]son is engag$ 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 clauses 7iii7 & 7iv7
 ( section #bab7;a77#c77;,b772  7ee7 any
 activity relat$ to 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$+ #aj ye>s1 has      
receiv$ a reprim& or o!rwise be5        
publicly discipl9$ by a b> association (
 :i* ! p]son is or 0 a memb]4  7ii7     
,/atus ( regional c5t] pr9cipals  7,i7  
,lawful /atus requir$ ,no p]son may be  
directly or indirectly involv$ ) a      

regional c5t] z its pr9cipal1           
adm9i/rator1 own]1 (fic]1 bo>d memb]1   
manag]1 executive1 g5]al p>tn]1         
fiduci>y1 or o!r simil> position (      
significant au?ority = ! op]ations or   
managem5t ( ! regional c5t] unless !    
p]son is a national ( ! ,unit$ ,/ates or
 an individual :o has be5 lawfully      
admitt$ = p]man5t resid5ce4  7,,ii7     
,=eign gov]nm5ts ,no =eign gov]nm5t     
entity may be directly or indirectly    
involv$ ) ! own]%ip or adm9i/ration ( a 
regional c5t]4  7iii7 ,in=mation requir$
 ,! ,secret>y %all require su*          
atte/ations & in=mation1 includ+ !      
submission ( f+]pr9ts or o!r biometrics 
to ! ,f$]al ,bureau ( ,inve/igation1 &  
%all p]=m su* crim9al record *ecks & o!r
 backgr\nd *ecks ) respect to a regional
 c5t] or regional c5t] associat$        
comm]cial ent]prise1 & p]sons involv$ 9 
a regional c5t] or regional c5t]        
associat$ comm]cial ent]prise z describ$
 9 clauses 7i7 & 7ii71 to det]m9e :e!r  
su* regional c5t] or regional c5t]      

associat$ comm]cial ent]prise is 9      
compliance ) clauses 7i7 & 7ii74 ,!     
,secret>y may require ! in=mation &     
atte/ations describ$ 9 ?is clause f su* 
regional c5t] or regional c5t] associat$
 comm]cial ent]prise1 & any p]son       
involv$ 9 ! regional c5t] or regional   
c5t] associat$ comm]cial ent]prise1 at  
any "t on or aft] ! date ( ! enactm5t ( 
! ,am]ican ,job ,creation & ,inve/m5t   
,promotion ,re=m ,act ( #bjae4  7iv7    
,t]m9ation ,! ,secret>y1 9 ! ,secret>y's
 unreviewable discretion1 %all t]m9ate f
 ! program "u ?is p>agraph any regional 
c5t] or regional c5t] associat$         
comm]cial ent]prise if ! ,secret>y      
det]m9es t--  7,i7 ! regional c5t] or   
regional c5t] associat$ comm]cial       
ent]prise has violat$ clause 7i72       
7,,ii7 ! regional c5t] has violat$      
clause 7ii72  7,,iii7 ! regional c5t]1 a
 regional c5t] associat$ comm]cial      
ent]prise1 or any p]son involv$ ) !     
regional c5t] or regional c5t] associat$
 comm]cial ent]prise fails to provide an

 atte/ation or in=mation reque/$ by !   
,secret>y or provides any false         
atte/ation or in=mation "u clause 7iii72
 or  7,,iv7 ! regional c5t]1 a regional 
c5t] associat$ comm]cial ent]prise1 or  
any p]son involv$ ) ! regional c5t] or  
regional c5t] associat$ comm]cial       
ent]prise has engag$ 9 fraud1           
misrepres5tation1 crim9al misuse1 or    
poses a ?reat to public safety or       
national security4  7,i7 ,compliance )  
securities laws  7i7 ,jurisdiction ,9   
view ( ! objective ( promot+ inve/m5t 9 
! ,unit$ ,/ates1 9 an action fil$ by !  
,securities & ,ex*ange ,commission1 !   
pur*ase or sale ( securities (f]$ or    
sold by any regional c5t] or any p>ty   
associat$ ) a regional c5t] %all be     
deem$ to h occurr$ )9 ! t]ritory ( !    
,unit$ ,/ates = purposes ( ! securities 
laws1 & subject matt] jurisdiction %all 
also lie )9 ! ,unit$ ,/ates4  7ii7      
,regional c5t] c]tifications requir$    
7,i7 ,initial c]tification ,! ,secret>y 
( ,homel& ,security %all n approve an   

application = regional c5t] designation 
or regional c5t] am5dm5t unless !       
regional c5t] c]tifies t ! regional c5t]
 is 9 compliance ) & has policies &     
proc$ures reasonably design$ to ensure t
 all p>ties associat$ ) ! regional c5t] 
rema9 9 compliance ) ! securities laws (
 ! ,unit$ ,/ates & ( any ,/ate 9 :i* !  
regional c5t] op]ates 9 connection ) !  
(f]1 pur*ase1 or sale ( securities or ! 
provision ( inve/m5t advice 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,g74 ,annual 
c]tifications "u ?is subclause %all also
 c]tify compliance ) clause 7iii7 by    
/at+ t ! 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] &1 to
 ! be/ ( ! c]tifi]'s k1 aft] reasonable 
inve/igation1 all su* (f]s1 pur*ases1 & 
sales ( securities or ! provision (     

inve/m5t advice compli$ ) securities    
laws ( ! ,unit$ ,/ates & t 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+ ! previ\s fiscal ye> t !  
regional c5t] or any p>ty associat$ ) ! 
regional c5t] 0 n 9 compliance ) !      
securities laws ( ! ,unit$ ,/ates1 !    
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           
compliance4  7iii7 ,ov]sight requir$    
,ea* regional c5t] %all monitor &       
sup]vise all (f]s1 pur*ases1 & sales (1 
& advice relat+ to1 securities made by  
p>ties associat$ ) ! regional c5t] to   
ensure compliance ) ! securities laws ( 
! ,unit$ ,/ates1 & ma9ta9 records1 data1
 & in=mation relat+ to all su* (f]s1    
pur*ases1 sales1 & advice dur+ ! #e-ye> 

p]iod beg9n+ on ! date ( _! creation4   
,su* records1 data1 & in=mation %all be 
made available to ! ,securities &       
,ex*ange ,commission & to ! ,secret>y ^u
 reque/4  7iv7 ,susp5sion or t]m9ation  
,! ,secret>y1 9 ! ,secret>y's           
unreviewable discretion1 %all susp5d or 
t]m9ate ! designation ( any regional    
c5t] t does n provide ! c]tification    
describ$ 9 clause 7ii74 ,9 addition to  
any o!r au?ority provid$ to ! ,secret>y 
"u ?is p>agraph1 ! ,secret>y1 9 !       
,secret>y's unreviewable discretion1 may
 susp5d or t]m9ate ! designation ( any  
regional c5t] or impose o!r sanctions   
aga9/ ! regional c5t] if ! regional c5t]
 or any p>ties associat$ ) ! regional   
c5t]--  7,i7 are 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     
advice2  7,,ii7 are subject to any f9al 
ord] ( ! ,securities & ,ex*ange         
,commission t-- 7aa7 b>s su* p]son f    

association ) an entity regulat$ by !   
,securities & ,ex*ange ,commission2 or  
7bb7 con/itutes a f9al ord] bas$ on     
violations 9 connection ) ! (f]1        
pur*ase1 or sale (1 or advice relat+ to1
 a security2 or  7,,iii7 kn[+ly 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+4  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$]al        
securities laws4  7vi7 ,def9$ t]m ,9 ?is
 subp>agraph1 ! t]m p>ties associat$ ) a
 regional c5t] means-- 7,i7 ! regional  
c5t]2  7,,ii7 any comm]cial ent]prise   
associat$ ) ! regional c5t]2  7,,iii7 ! 
regional c5t]'s & associat$ comm]cial   
ent]prise's own]s1 (fic]s1 directors1   
manag]s1 p>tn]s1 ag5ts1 employees1      
promot]s & attorneys2 &  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,j7 ,,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 until exp5d$ to !     
,secret>y ( ,homel& ,security = !       
purposes set =? 9 clause 7iii74  7ii7   
,fees ,! ,secret>y ( ,homel& ,security  
%all collect an annual fee ( #bj1jjj = !
 ,fund f ea* regional c5t] designat$ "u 
subp>agraph 7,e74 ,! fir/ fee "u ?is    
clause %all be due n lat] ?an ,janu>y   
#a1 #bjaf1 & subsequ5t fees due n lat]  
?an ,janu>y #a ( ea* ye> !reaft]4 ,newly
 designat$ regional c5t]s %all pay _!   
initial fee = ! cal5d> ye> foll[+ !     
cal5d> ye> dur+ :i* ! regional c5t] 0 s 
designat$4 ,! ,secret>y may prescribe   
regulations1 z necess>y1 to increase !  

doll> am\nt specifi$ "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 ( ,homel& ,security %all--   
7,i7 use n less ?an #a_/c ( ! am\nts    
deposit$ into ! ,fund to conduct audits 
& site visits 7ann\nc$ & unann\nc$72    
7,,ii7 use n less ?an #a_/c ( ! am\nts  
deposit$ into ! ,fund = inve/igations   
bas$ outside ( ! ,unit$ ,/ates1         
includ+--  7aa7 monitor+ & inve/igat+   
program-relat$ ev5ts & promotional      
activities2 &  7bb7 ensur+ an ali5      
entrepr5eur's compliance ) subp>agraph  
7,l72  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 associat$ comm]cial
 ent]prises1 & ali5 entrepr5eurs 7& ali5
 sp\ses & ali5 *ildr51 if any7 comply ) 
applicable immigration laws &           
regulations2  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 ( a regional c5t] & regional  
c5t] associat$ comm]cial ent]prise2 &   
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 #g ( ! ,am]ican
 ,job ,creation & ,inve/m5t ,promotion  
,re=m ,act ( #bjae4  7iv7 ,failure to   
pay fee ,! ,secret>y ( ,homel& ,security
 %all-- 7,i7 impose a reasonable p5alty 
if a regional c5t] does n pay ! fee     
requir$ "u clause 7ii7 )9 #cj days ( !  
date on :i* su* fee is due "u clause    
7ii72 &  7,,ii7 t]m9ate ! designation ( 
any regional c5t] t does n pay ! fee    
requir$ "u clause 7ii7 be=e #ij days    
aft] ! date on :i* su* fee is due "u    
clause 7ii74  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+ ! previ\s fiscal  
ye>4  7,k7 ,direct & ?ird-p>ty promot]s 

7i7 ,rules & /&>ds ,direct & ?ird-p>ty  
promot]s ( a regional c5t]1 p>ties      
associat$ ) a regional c5t]1 or ( !     
inve/m5t opportunities ( a regional     
c5t]1 %all comply ) ! rules & /&>ds     
prescrib$ by ! ,secret>y ( ,homel&      
,security to ov]see regional c5t]       
promotion1 includ+--  7,i7 regi/ration )
 ,u4,s4 ,citiz5%ip & ,immigration       
,s]vices1 :i* ! ,secret>y %all make     
publicly available2  7,,ii7 m9imum      
qualifications2  7,,iii7 guidel9es =    
(f]+ inve/m5t opportunities & repres5t+ 
! visa process to =eign entrepr5eurs2 & 
7,,iv7 p]missible fee arrangem5ts4  7ii7
 ,effect ( violation ,if ! ,secret>y    
det]m9es1 9 ! ,secret>y's unreviewable  
discretion1 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 subp>agraph 7,e74    
7iii7 ,compliance ,ea* regional c5t]    
%all ma9ta9 a writt5 agreem5t betwe5 !  
regional c5t] or regional c5t] associat$

 comm]cial ent]prise & ea* direct or    
?ird-p>ty promot] op]at+ on behalf ( su*
 regional c5t] or comm]cial ent]prise t 
outl9es ! rules & /&>ds prescrib$ "u    
clause 7i74  7,l7 ,s\rce ( funds  7i7 ,9
 g5]al ,an ali5 entrepr5eur %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 entrepr5eur       
petition "u ?is p>agraph conta9--  7,i7 
bus9ess & tax records1 includ+-- 7aa7   
=eign bus9ess regi/ration records2  7bb7
 corporate or p>tn]%ip tax returns 7or  
any o!r entity 9 any =m t has fil$ 9 any
 c\ntry or subdivision !re( any return  
describ$ 9 ?is subp>t71 & 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 k9d fil$ )9 #g ye>s1 ) any tax+     

jurisdiction 9 or outside ! ,unit$      
,/ates by or on behalf ( ! ali5         
entrepr5eur2 &  7cc7 evid5ce id5tify+   
any o!r s\rce ( capital or adm9i/rative 
fees2  7,,ii7 evid5ce relat$ to monet>y 
judgm5ts aga9/ ! ali5 entrepr5eur1      
includ+ c]tifi$ copies ( any judgm5ts or
 evid5ce ( all p5d+ gov]nm5tal civil or 
crim9al actions1 gov]nm5tal adm9i/rative
 proce$+s1 & any private civil actions  
7p5d+ or o!rwise7 involv+ monet>y       
judgm5ts aga9/ ! ali5 entrepr5eur f any 
c\rt 9 or outside ! ,unit$ ,/ates2 &    
7,,iii7 ! id5tity ( all p]sons :o       
transf] into ! ,unit$ ,/ates1 on behalf 
( ! entrepr5eur-- 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,c7 only if  
su* funds 7 gift$ to ! ali5 entrepr5eur 
by ! ali5 entrepr5eur's sp\se1 p>5t1    

*ild1 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   
entrepr5eur1 ! ,secret>y %all require ! 
ali5 entrepr5eur'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,c7 only if  
su* capital is--  7,i7 secur$ by assets 
own$ by ! ali5 entrepr5eur2 &  7,,ii7   
issu$ by a reputable bank+ or l5d+      
in/itution t is prop]ly *>t]$ or lic5s$ 
"u ! laws ( any ,/ate1 t]ritory1 c\ntry1
 or applicable jurisdiction1 :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,m7 ,treatm5t (   
entrepr5eurs if regional c5t] t]m9at$   
7i7 ,9 g5]al ,^u ! t]m9ation ( a        
regional c5t] or regional c5t] associat$
 comm]cial ent]prise "u ?is p>agraph--  
7,i7 ! 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  
comm]cial ent]prise associat$ ) !       
t]m9at$ regional c5t] or regional c5t]  
associat$ comm]cial ent]prise %all      
cont9ue to be au?oriz$2 &  7,,ii7 ! ali5
 %all n accrue any p]iod ( unlawful     
pres5ce "u section #bab7;a77#i7 dur+ !  
#ahj-;day p]iod foll[+ su* t]m9ation    
unless ! ,secret>y has reason to believe
 ! ali5 0 a kn[+ p>ticipant 9 ! conduct 
t l$ to ! t]m9ation ( su* regional c5t] 
or regional c5t] associat$ comm]cial    
ent]prise4  7ii7 ,new regional c5t] or  
inve/m5t ,! conditional p]man5t resid5t 
/atus ( an ali5 describ$ 9 clause       
7i77,i7 %all be t]m9at$ at ! end ( !    

#ahj-;day p]iod describ$ 9 clause       
7i77,,ii7 unless--  7,i7 9 ! case ( !   
t]m9ation ( a regional c5t]-- 7aa7 !    
associat$ comm]cial ent]prise affiliates
 ) an approv$ regional c5t] designat$ to
 op]ate )9 ! same geographic area z !   
comm]cial ent]prise2 or  7bb7 su* ali5  
inve/s 9 ano!r comm]cial ent]prise      
associat$ ) an approv$ regional c5t]2 or
  7,,ii7 9 ! case ( ! t]m9ation ( a     
regional c5t] associat$ comm]cial       
ent]prise1 su* ali5 inve/s 9 ano!r      
comm]cial ent]prise associat$ ) an      
approv$ regional c5t]4  7iii7 ,removal (
 conditions ,ali5s describ$ 9 subclauses
 7,i77bb7 & 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  7,n7 ,fraud1       
crim9al misuse1 & ?reats to national    
int]e/s  7i7 ,d5ial or revocation ,if ! 
,secret>y ( ,homel& ,security det]m9es1 
9 ! ,secret>y's unreviewable discretion1
 t ! approval ( a petition1 application1

 or b5efit describ$ 9 ?is p>agraph is   
contr>y to ! national int]e/ ( ! ,unit$ 
,/ates = reasons relat+ to fraud1       
misrepres5tation1 crim9al misuse1 or    
?reats to public safety or national     
security1 ! ,secret>y %all d5y or revoke
 ! approval (--  7,i7 a petition seek+  
classification ( an ali5 z an ali5      
entrepr5eur "u ?is p>agraph2  7,,ii7 a  
petition to remove conditions "u section
 #baf;,a be=e grant+ lawful p]man5t     
resid5t /atus or any o!r petition1      
application1 or b5efit bas$ ^u ! previ\s
 or concurr5t fil+ or approval ( a      
petition = classification ( an ali5 "u  
?is p>agraph2  7,,iii7 an application = 
approval ( a bus9ess plan 9 a regional  
c5t] associate comm]cial ent]prise2 or  
7,,iv7 an application = designation z a 
regional c5t]4  7ii7 ,deb>m5t ,if a     
regional c5t] or regional c5t] associat$
 comm]cial ent]prise has its designation
 or p>ticipation 9 ! program "u ?is     
p>agraph t]m9at$ = reasons relat+ to    
fraud1 int5tional mat]ial               

misrepres5tation1 crim9al misuse1 or    
?reats to public safety or national     
security1 any p]son associat$ ) su*     
regional c5t] or regional c5t] associat$
 comm]cial ent]prise1 includ+ an ali5   
inve/or1 %all be p]man5tly b>r$ f future
 p>ticipation 9 ! program if ! ,secret>y
 ( ,homel& ,security1 9 ! ,secret>y's   
unreviewable discretion1 det]m9es t su* 
p]son 0 a kn[+ p>ticipant 9 ! conduct t 
l$ to ! t]m9ation4  4  7c7 ,effective   
date ,! am5dm5ts made by ?is section--  
7#a7 %all take effect on ! date ( !     
enactm5t ( ?is ,act2 &  7#b7 %all apply 
to--  7,a7 any application to designate 
a regional c5t]1 & any p]son involv$ ) !
 regional c5t]1 t is p5d+ or approv$ on 
or aft] ! date ( ! enactm5t ( ?is ,act2 
&  7,b7 any regional c5t] approv$ be=e !
 date ( ! enactm5t ( ?is ,act1 on or    
aft] a delay$ effective date t is #a ye>
 aft] su* date ( enactm5t ) respect to  
any p]son involv$ 9 ! regional c5t] on  
or aft] su* delay$ effective date1      
unless o!rwise provid$ 9 ?is section4   

7d7 ,,gao report ,n lat] ?an ,decemb]   
#ca1 #bjah1 ! ,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 ,u4,s4 ,citiz5%ip &        
,immigration ,s]vices to v]ify job      
creation2  7#b7 ! ext5t to :i* ,u4,s4   
,citiz5%ip & ,immigration ,s]vices      
ensures compliance by regional c5t]     
p>ticipants2  7#c7 ! ext5t to :i* ,u4,s4
 ,citiz5%ip & ,immigration ,s]vices has 
ma9ta9$ records by regional c5t]s &     
associat$ comm]cial ent]prises1 includ+ 
annual /atem5ts & c]tifications2  7#d7 !
 /eps tak5 by ,u4,s4 ,citiz5%ip &       
,immigration ,s]vices to v]ify ! s\rce (
 funds1 z requir$ "u section            
#bjc7;b77#e77,l7 ( ! ,immigration &     
,nationality ,act1 z add$ by subsection 

7b72  7#e7 ! ext5t to :i* ,u4,s4        
,citiz5%ip & ,immigration ,s]vices      
collaborates ) o!r ,f$]al & law en=cem5t
 ag5cies1 p>ticul>ly to detect illegal  
activity & ?reats to national security2 
7#f7 ! ext5t to :i* ,u4,s4 ,citiz5%ip & 
,immigration ,s]vices has prev5t$ fraud 
& abuse 9 regional c5t] activities1     
includ+ ! designation ( a regional c5t] 
inve/m5t 9 a t>get$ employm5t area2     
7#g7 ! ext5t to :i* ,u4,s4 ,citiz5%ip & 
,immigration ,s]vices has us$ its       
au?ority to sanction1 susp5d1 b>1 or    
t]m9ate a regional c5t] or individuals  
affiliat$ ) a regional c5t]2  7#h7 !    
/eps t h be5 tak5 to ov]see direct &    
?ird-p>ty promot]s "u section           
#bjc7;b77#e77;,h7 ( ! ,immigration &    
,nationality ,act1 z add$ by subsection 
7b72  7#i7 ! ext5t to :i* employees ( ! 
,dep>tm5t ( ,homel& ,security h compli$ 
) ! e?ical /&>ds & transp>5cy           
requirem5ts "u section #g2 &  7#aj7 an  
acc\nt+ ( ! exp5diture ( am\nts f !     
,,eb-#e ,integrity ,fund e/abli%$ "u    

section #bjc7;b77#e77;,j7 ( !           
,immigration & ,nationality ,act1 z add$
 by subsection 7b74  7e7 ,inspector     
g5]al report ,n lat] ?an ,decemb] #ca1  
#bjah1 ! ,inspector ,g5]al ( !          
,intellig5ce ,community1 9 coord9ation )
 ! ,inspector ,g5]al ( ! ,dep>tm5t (    
,homel& ,security & aft] consultation ) 
relevant ,f$]al ag5cies1 includ+ ,u4,s4 
,immigration & ,cu/oms ,en=cem5t1 %all  
submit a report to ! ,committee on !    
,judici>y ( ! ,s5ate & ! ,committee on !
 ,judici>y ( ! ,h\se ( ,repres5tatives t
 describes--  7#a7 vuln]abilities )9 !  
,,eb-#e ,immigrant ,inve/or ,program t  
may und]m9e ! national security ( !     
,unit$ ,/ates2  7#b7 actual or pot5tial 
use ( ! ,,eb-#e ,immigrant ,inve/or     
,program to facilitate export ( s5sitive
 te*nology2  7#c7 actual or pot5tial use
 ( ! ,,eb-#e ,immigrant ,inve/or        
,program to facilitate economic         
espionage2  7#d7 actual or pot5tial use 
( ! ,,eb-#e ,immigrant ,inve/or ,program
 by =eign gov]nm5t ag5ts2 &  7#e7 actual

 or pot5tial use ( ! ,,eb-#e ,immigrant 
,inve/or ,program to facilitate t]rori/ 
activity1 includ+ fund+ t]rori/ activity
 or laund]+ t]rori/ funds4  #c4         
,conditional p]man5t resid5t /atus =    
ali5 entrepr5eurs1 sp\ses1 & *ildr5  7a7
 ,9 g5]al ,section #baf;,a ( !          
,immigration & ,nationality ,act 7#h    
,u4,s4,c4 #aahf;b7 is am5d$-- 7#a7 by   
/rik+ ,attorney ,g5]al ea* place su* t]m
 appe>s 7except 9 subsection            
7d77#b77;,c77 & ins]t+ ,secret>y (      
,homel& ,security2  7#b7 9 subsection   
7a71 by am5d+ p>agraph 7#a7 to read z   
foll[s3  7#a7 ,conditional basis = /atus
  7,a7 ,9 g5]al ,except z provid$ 9     
subp>agraph 7,b71 an ali5 entrepr5eur1  
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 ,ali5 entrepr5eurs :o meet ! 
requirem5ts "u subsection               

7d77#b77;,a77ii7 %all obta9 ! /atus ( an
 ali5 lawfully admitt$ = p]man5t        
resid5ce )\t a conditional basis ^u     
approval ( ! petition requir$ "u su*    
subsection4  2  7#c7 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,a71 by /rik+ 1 & & 
ins]t+ a semicolon2  7iii7 9 subp>agraph
 7,b71 by /rik+ ,s]vice respect+ ! facts
 & in=mation describ$ 9 subsection      
7d77#a74 & ins]t+ ,dep>tm5t ( ,homel&   
,security respect+ ! facts & in=mation  
describ$ 9 subsection 7d77#a72 &2 &     
7iv7 by add+ at ! end ! foll[+3  7,c7 ! 
,secret>y %all p]=m a site visit to !   
job creat+ entity 9 :i* ! ali5          
entrepr5eur inve/$ capital "u section   
#bjc7;b77#e77;,a71 :i* visit may take   
place at any "t aft] an application =   
approval ( inve/m5t 9 a comm]cial       
ent]prise is fil$ "u section            

#bjc7;b77#e77;,f74  2 &  7,c7 9 p>agraph
 7#c77;,a71 by /rik+ ! be=e su* fil+2   
7#d7 9 subsection 7d7--  7,a7 9 p>agraph
 7#a77;,a77ii71 by ins]t+ except = ali5 
entrepr5eurs describ$ 9 subsection      
7d77#b77;,a77ii71 be=e su/a9$2  7,b7 9  
p>agraph 7#b71 by am5d+ subp>agraph 7,a7
 to read z foll[s3  7,a7 #ij-;day p]iod 
be=e second anniv]s>y  7i7 ,except z    
provid$ 9 clause 7ii7 & subp>agraph     
7,b71 ! petition "u subsection          
7c77#a77;,a7 %all be fil$ dur+ !        
#ij-;day p]iod be=e ! second anniv]s>y (
 ! ali5 entrepr5eur's lawful admission =
 p]man5t resid5ce4  7ii7 ,if ! ali5     
entrepr5eur has su/a9$ ! actions        
describ$ 9 p>agraph 7#a77;,a77i7 = at   
lea/ a #bd-mon? p]iod be=e admission1 ! 
ali5 entrepr5eur may file ! petition "u 
subsection 7c77#a77;,a7 any "t aft] su* 
p]iod & be=e admission = p]man5t        
resid5ce4  2 &  7,c7 9 p>agraph 7#c71 by
 /rik+ ,s]vice & ins]t+ ,dep>tm5t (     
,homel& ,security2  7#e7 by r$esignat+  
subsection 7f7 z subsection 7g72 &  7#f7

 by ins]t+ aft] subsection 7e7 ! foll[+3
  7f7 ,fraud1 misrepres5tation1 crim9al 
misuse1 or ?reats to ! public safety or 
national security ,if ! ,secret>y (     
,homel& ,security det]m9es1 9 !         
,secret>y's sole & unreviewable         
discretion1 t ! approval ( any petition 
"u ?is section or ! conditional p]man5t 
resid5t /atus grant$ to an ali5         
entrepr5eur "u subsection 7a7 is contr>y
 to ! national int]e/ ( ! ,unit$ ,/ates 
= reasons relat+ to fraud1              
misrepres5tation1 crim9al misuse1 or    
?reats to public safety or national     
security1 ! ,secret>y %all--  7#a7      
notify ! ali5 involv$ ( su* det]m9ation 
)\t be+ requir$ to disclose ! basis =   
su* det]m9ation to ! ext5t su*          
disclosure w\ld be contr>y to ! national
 int]e/ ( ! ,unit$ ,/ates2 &  7#b7 d5y  
su* petition or t]m9ate ! p]man5t       
resid5t /atus ( ! ali5 involv$ 7& ! ali5
 sp\se & ali5 *ildr5 ( su* immigrant7 z 
( ! date ( su* det]m9ation4  4  7b7     
,effective date  7#a7 ,9 g5]al ,except z

 provid$ "u p>agraph 7#b71 ! am5dm5ts   
made by ?is section %all take effect on 
! date ( ! enactm5t ( ?is ,act4  7#b7   
,exception ,! am5dm5t made by subsection
 7a77#c77;,b77iv7 %all take effect on ! 
date t is #b ye>s aft] ! date ( !       
enactm5t ( ?is ,act4  #d4 ,,eb-#e ,visa 
re=ms  7a7 ,t>get$ employm5t areas  7#a7
 ,9 g5]al ,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 ,set-aside =    
t>get$ employm5t areas  7i7 ,9 g5]al ,n 
few] ?an #e1jjj ( ! visas made available
 "u ?is p>agraph 9 ea* fiscal ye> %all  
be res]v$ = qualifi$ immigrants :o inve/
 9 a new comm]cial ent]prise describ$ 9 
subp>agraph 7,a71 :i*--  7,i7 is inve/+ 
su* capital 9 a t>get$ employm5t area2 &
  7,,ii7 w create employm5t 9 su* t>get$
 employm5t area4  7ii7 ,duration ( high 
unemploym5t area designation ,a         
designation ( a high unemploym5t area z 
a t>get$ employm5t area %all be valid = 
! #b-ye> p]iod beg9n+ on ! date (       

approval ( an application fil$ "u       
subp>agraph 7,f7 or at ! "t ( ! inve/m5t
 = ali5s n subject to ! requirem5ts (   
subp>agraph 7,f74 ,su* designation may  
be r5ew$ = additional #b-ye> p]iods if !
 area cont9ues to meet ! def9ition ( a  
high unemploym5t area4 ,an entrepr5eur  
:o has made ! requir$ am\nt ( inve/m5t 9
 su* a t>get$ employm5t area dur+ its   
p]iod ( designation %all n be requir$ to
 increase ! am\nt ( inve/m5t bas$ ^u    
expiration ( ! designation4  4  7b7     
,adju/m5t ( m9imum ,,eb-#e inve/m5t     
am\nt ,section #bjc7;b77#e77;,c7 ( su*  
,act 7#h ,u4,s4,c4 #aaec7;b77#e77;,c77  
is am5d$--  7#a7 by /rik+ clauses 7i7 & 
7ii7 & ins]t+ ! foll[+3  7i7 ,m9imum    
inve/m5t am\nts ,except z o!rwise       
provid$ 9 ?is subp>agraph1 ! am\nt (    
capital requir$ "u subp>agraph 7,a7 %all
 be #a1bjj1jjj4 ,9 ! case ( an inve/m5t 
9 a t>get$ employm5t area1 ! am\nt (    
capital requir$ "u subp>agraph 7,a7 %all
 be #hjj1jjj4  7ii7 ,adju/m5t ( m9imum  
inve/m5t am\nts  7,i7 ,9 g5]al ,!       

,secret>y ( ,homel& ,security1 9        
consultation ) ! ,secret>y ( ,labor & ! 
,secret>y ( ,comm]ce1 may f "t to "t    
prescribe regulations increas+ ! doll>  
am\nts specifi$ "u clause 7i74  7,,ii7  
,automatic adju/m5ts ,beg9n+ on ,janu>y 
#a1 #bjbj1 & on e fif? subsequ5t ,janu>y
 #a--  7aa7 if ! ,secret>y did n        
increase ! m9imum am\nt dur+ ! previ\s  
#e fiscal ye>s1 ! 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>s2  7bb7 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 prescrib$ by !  
,secret>y by regulations2 or  7cc7 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$4  7iii7 ,m9imum      
inve/m5t am\nt 9 a t>get$ employm5t area
 ,! m9imum inve/m5t am\nt 9 a t>get$    
employm5t area %all be n less ?an #a_/b 
& n m ?an #c_/d ( ! inve/m5t 9 a        
non-t>get$ area ( employm5t4  2 &  7#b7 
9 clause 7iii7 by /rik+ ! ,attorney     
,g5]al & ins]t+ ! ,secret>y4  7c7       
,def9itions  7#a7 ,9 g5]al ,section     
#bjc7;b77#e7 ( su* ,act 7#h ,u4,s4,c4   
#aaec7;b77#e771 z am5d$ by subsections  
7a7 & 7b7 & by section #b1 is fur!r     
am5d$ by am5d+ subp>agraph 7,d7 to read 
z foll[s3  7,d7 ,def9itions ,9 ?is      
p>agraph3 7i7 ,capital ,! t]m capital-- 
7,i7 means all real1 p]sonal1 or mix$   
tangible assets own$ & controll$ by !   
ali5 entrepr5eur1 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  7ii7 ,comm]cial ent]prise  
associat$ ) a regional c5t] ,! t]ms     
comm]cial ent]prise associat$ ) a       
regional c5t] & regional c5t] associat$ 
comm]cial ent]prise mean any =-pr(it    
activity =m$ = ! ongo+ conduct ( lawful 
bus9ess1 includ+ a sole proprietor%ip1  
p>tn]%ip 7:e!r limit$ or g5]al71 hold+  
company1 jo9t v5ture1 corporation1      
bus9ess tru/1 or o!r entity1 t          
associates ) a regional c5t] & receives1
 or is e/abli%$ to receive1 capital     
inve/m5t "u ! regional c5t] program     
describ$ 9 subp>agraph 7,e74  7iii7     
,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]iod4  7iv7  

,high unemploym5t area ,! t]m high      
unemploym5t area means an area1 us+ !   
mo/ rec5t c5sus data available1 consi/+ 
( a c5sus tract t has an unemploym5t    
rate t is at lea/ #aej p]c5t ( !        
national av]age unemploym5t rate4  7v7  
,rural area ,! t]m rural area means any 
area o!r ?an an area )9 a metropolitan  
/ati/ical area or )9 ! out] b\nd>y ( any
 city or t[n hav+ a population ( #bj1jjj
 or m 7bas$ on ! mo/ rec5t dec5nial     
c5sus ( ! ,unit$ ,/ates74  7vi7 ,t>get$ 
employm5t area  7,i7 ,9 g5]al ,! t]m    
t>get$ employm5t area means a high      
unemploym5t area1 a rural area1 or any  
area )9 ! geographic b\nd>ies ( any     
milit>y in/allation clos$1 dur+ !       
#bj-ye> p]iod imm$iately prec$+ ! fil+ (
 an application "u subp>agraph 7,f71    
bas$ ^u a recomm5dation by ! ,def5se    
,base ,closure & ,realignm5t            
,commission4  7,,ii7 ,eligibility       
,eligibility = designation z a t>get$   
employm5t area %all be det]m9$ by !     
,secret>y ( ,homel& ,security1 :o %all n

 be b\nd by ! det]m9ation ( any o!r     
,f$]al or ,/ate gov]nm5tal or           
nongov]nm5tal entity4  4  7#b7 ,rulemak+
 ,! ,secret>y ( ,homel& ,security1 9    
consultation ) ! ,secret>y ( ,def5se1   
%all issue appropriate regulations to   
acc\nt = ! modifi$ def9ition ( t>get$   
employm5t area 9 section                
#bjc7;b77#e77;,d77vi7 ( ! ,immigration &
 ,nationality ,act1 z add$ by p>agraph  
7#a74  7d7 ,age det]m9ation = *ildr5 (  
ali5 entrepr5eurs ,section #bjc7;h7 ( ! 
,immigration & ,nationality ,act 7#h    
,u4,s4,c4 #aaec7;h77 is am5d$ by add+ at
 ! end ! foll[+3  7#e7 ,age det]m9ation 
= *ildr5 ( ali5 entrepr5eurs ,an ali5   
admitt$ "u subsection 7d7 z a lawful    
p]man5t resid5t on a conditional basis z
 ! *ild ( an ali5 lawfully admitt$ =    
p]man5t resid5ce "u subsection 7b77#e71 
^: lawful p]man5t resid5t /atus on a    
conditional basis is t]m9at$ "u section 
#baf;,a1 %all cont9ue to be consid]$ a  
*ild ( ! pr9cipal ali5 = ! purpose ( a  
subsequ5t immigrant petition by su* ali5

 "u subsection 7b77#e7 if ! ali5 rema9s 
unm>ri$ & ! subsequ5t petition is fil$  
by ! pr9cipal ali5 n lat] ?an #a ye>    
aft] ! t]m9ation ( conditional lawful   
p]man5t resid5t /atus4 ,no ali5 %all be 
consid]$ a *ild "u ?is p>agraph )       
respect to m ?an #a petition fil$ aft] !
 ali5 rea*es #ba ye>s ( age4  4  7e7    
,enhanc$ pay scale = c]ta9 ,f$]al       
employees adm9i/]+ ! ,,eb-#e program ,! 
,secret>y ( ,homel& ,security may       
e/abli%1 fix ! comp5sation (1 & appo9t  
individuals to1 designat$ 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  7f7 ,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  7g7 ,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 ,!       
am5dm5ts made by subsections 7b77#a7 &  
7c77#a7 %all n apply to-- 7,a7          
applications = bus9ess plan approval =  
regional c5t] inve/m5ts 9 actual        
projects t 7 fil$ )1 or approv$ by1 !   
,secret>y ( ,homel& ,security be=e !    
date ( ! enactm5t ( ?is ,act2 &  7,b7   
petitions seek+ classification "u       
section #bjc7;b77#e7 ( ! ,immigration & 
,nationality ,act 7#h ,u4,s4,c4         
#aaec7;b77#e77 & petitions fil$ "u      
section #baf;,a ( su* ,act 7#h ,u4,s4,c4

 #aahf;b7 by immigrants inve/+ 9 ! same 
comm]cial ent]prise conc]n+ ! same      
economic activity z conta9$ 9 an        
application = bus9ess plan approval     
describ$ 9 subp>agraph 7,a74  #e4       
,proc$ure = grant+ immigrant /atus  7a7 
,fil+ ord] ,section #bjd7;a77#a77;,h7 ( 
! ,immigration & ,nationality ,act 7#h  
,u4,s4,c4 #aaed7;a77#a77;,h77 is am5d$  
to read z foll[s3  7,h7 ,an ali5 desir+ 
to be classifi$ "u section #bjc7;b77#e7 
may file a petition ) ! ,secret>y (     
,homel& ,security4 ,an ali5 petition+ = 
classification pursuant to section      
#bjc7;b77#e77;,e7 may file a petition ) 
! ,secret>y only aft] approval (        
inve/m5t 9 a comm]cial ent]prise "u     
section #bjc7;b77#e77;,f74  4  7b7      
,effective date ,! am5dm5t made by      
subsection 7a7-- 7#a7 %all take effect  
on ! date ( ! enactm5t ( ?is ,act2 &    
7#b7 %all apply to any petition =       
classification pursuant to section      
#bjc7;b77#e77;,e7 ( ! ,immigration &    
,nationality ,act 7#h ,u4,s4,c4         

#aaec7;b77#e77;,e77 t is fil$ ) !       
,secret>y ( ,homel& ,security on or aft]
 ! date ( ! enactm5t ( ?is ,act4  #f4   
,adju/m5t ( fees to a*ieve effici5t     
process+  7a7 ,fee /udy ,n lat] ?an #cj 
days aft] ! date ( ! enactm5t ( ?is     
,act1 ! ,director ( ,u4,s4 ,citiz5%ip & 
,immigration ,s]vice %all initiate a    
/udy ( fees *>g$ 9 ! adm9i/ration ( !   
program describ$ 9 section              
#bjc7;b77#e77;,e7 ( ! ,immigration &    
,nationality ,act 7#h ,u4,s4,c4         
#aaec7;b77#e77;,e774  7b7 ,fee levels   
,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 ( su* ,act at a    
level suffici5t to ensure ! full recov]y
 only ( ! co/s ( provid+ su* s]vices1   
includ+ ! co/ ( ensur+ t adjudication is
 complet$1 on av]age1 n lat] ?an--  7#a7
 #abj days aft] receiv+ a proposal = !  
e/abli%m5t ( a regional c5t] describ$ 9 

section #bjc7;b77#e77;,e72  7#b7 #abj   
days aft] receiv+ an application =      
approval ( inve/m5t 9 a comm]cial       
ent]prise describ$ 9 section            
#bjc7;b77#e77;,f72  7#c7 #aej days aft] 
receiv+ a petition f an ali5 desir+ to  
be classifi$ "u section                 
#bjc7;b77#e77;,e72 &  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$uction ( ! co/s ( process+ or     
adjudicat+ classes ( immigration b5efit 
applications t ,congress or1 9 ! case ( 
asylum applications1 ! ,secret>y has    
au?oriz$ 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 "u section #bjc7;b77#e7 ( !    
,immigration & ,nationality ,act 7#h    
,u4,s4,c4 #aaec7;b77#e771 to improvem5ts
 to ! in=mation te*nological 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 ,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$ures ,act71 to c>ry 
out subsection 7b74  #g4 ,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 ( ,u4,s4  

,citiz5%ip & ,immigration ,s]vices1     
c\nselors to su* ,director1 & ! ,*ief ( 
,immigrant ,inve/or ,programs at ,u4,s4 
,citiz5%ip & ,immigration ,s]vices1 %all
 act imp>tially & may n give pref]5tial 
treatm5t to any organization or         
individual 9 connection ) any aspect ( !
 immigrant visa program describ$ 9      
section #bjc7;b77#e77;,e7 ( !           
,immigration & ,nationality ,act1 z add$
 by section #b7;b74  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 exp$ite or o!rwise      
influ5ce1 9 a mann] n available to or   
accord$ to all o!r petition]s1          
applicants1 & seek]s ( b5efits "u !     
immigrant visa program describ$ 9       
section #bjc7;b77#e77;,e7 ( !           
,immigration & ,nationality ,act1 z add$
 by section #b7;b71 ! process+ (1 an    
application1 petition1 or b5efit =--    
7,a7 a regional c5t]2  7,b7 a comm]cial 
ent]prise associat$ ) a regional c5t]2  

7,c7 a job-creat+ entity associat$ ) a  
regional c5t]2 or  7,d7 any p]son or    
entity associat$ ) su* regional c5t]1   
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 !     
immigrant visa program describ$ 9       
section #bjc7;b77#e77;,e7 ( !           
,immigration & ,nationality ,act1 z add$
 by section #b7;b74  7c7 ,report+ (     
communications  7#a7 ,writt5            
communication ,employees ( ! ,dep>tm5t (
 ,homel& ,security1 includ+ ! (ficials  
li/$ 9 subsection 7a71 %all include1 9 !
 record ( proce$+ = a case "u section   
#bjc7;b77#e77;,e7 ( ! ,immigration &    
,nationality ,act1 z add$ by section    
#b7;b71 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]       
proposals or individual petitions p5d+  
on or aft] ! date ( enactm5t ( ?is ,act4
  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 reg>d+ specific cases "u   
section #bjc7;b77#e77;,e7 ( !           
,immigration & ,nationality ,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$+ )\t ! cons5t ( !  
relevant ag5cy or law en=cem5t entity4  
7ii7 ,:i/lebl[]s or o!r confid5tial     
s\rces ,evid5ce receiv$ f :i/lebl[]s or 
o!r confid5tial s\rces 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\rce4  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#e77;,e7 ( 
! ,immigration & ,nationality ,act1 z   
add$ by section #b7;b71 unless !        
communication is includ$ 9 ! record (   
proce$+ ( ! case4  7#b7 ,waiv] ,!       
,secret>y ( ,homel& ,security may waive 
! requirem5t "u p>agraph 7#a7 only 9 !  
int]e/s ( national security or =        
inve/igative or law en=cem5t purposes4  
7e7 ,*annels ( communication  7#a7      
,e-mail address or equival5t ,!         
,director ( ,u4,s4 ,citiz5%ip &         
,immigration ,s]vices %all ma9ta9 an    
e-mail acc\nt 7or equival5t means (     
communication7 = p]sons or entities--   
7,a7 ) inquiries reg>d+ specific cases  
"u section #bjc7;b77#e77;,e7 ( !        
,immigration & ,nationality ,act1 z add$
 by section #b7;b72 or  7,b7 seek+      
non-case-specific in=mation ab\t !      
regional c5t] program describ$ 9 su*    
section4  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 ( ,u4,s4 ,citiz5%ip &         
,immigration ,s]vices %all ann\nce t !  
only *annels or (fices by :i*           
petition]s1 applicants1 & seek]s (      
b5efits "u ! immigrant visa program     
describ$ 9 section #bjc7;b77#e77;,e7 ( !
 ,immigration & ,nationality ,act1 or   
su* p]sons' repres5tatives1 may         
communicate ) ! ,dep>tm5t ( ,homel&     
,security reg>d+ specific cases "u su*  
section1 or non-case-specific in=mation 
ab\t ! regional c5t] 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 ! ,u4,s4 ,citiz5%ip &       
,immigration ,s]vices ,national ,cu/om] 
,s]vice ,c5t]1 or any successor to t    
,c5t]2 or  7iii7 ! ,u4,s4 ,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 all p]sons mak+ inquiries reg>d+ 
! regional c5t] program applicable to   
c]ta9 cases "u section #bjc7;b77#e77;,e7
 ( ! ,immigration & ,nationality ,act1 z
 add$ by section #b7;b7 to ! *annels (  
communication or (fices li/$ 9          
subp>agraph 7,a74  7ii7 ,sav+s provision
 ,no?+ 9 ?is subp>agraph may be con/ru$ 
to prev5t ,dep>tm5t employees f direct+ 
inquiries to ! ,u4,s4 ,citiz5%ip &      
,immigration ,s]vices ,ombudsman4  7,c7 
,log  7i7 ,9 g5]al ,! ,director ( ,u4,s4
 ,citiz5%ip & ,immigration ,s]vices %all
 ma9ta9 a writt5 or electronic log (--  
7,i7 all communications describ$ 9      
subp>agraph 7,a71 :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$om ( ,in=mation ,act74  7#c7       
,publication ( in=mation ,if1 z a result
 ( a communication ) an (ficial ( !     
,dep>tm5t ( ,homel& ,security1 a p]son  
or entity inquir+ ab\t a specific case  
or g5]ally ab\t ! regional c5t] program 
describ$ 9 section #bjc7;b77#e77;,e7 ( !
 ,immigration & ,nationality ,act       
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 ( ,u4,s4 ,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 ! ,u4,s4        
,citiz5%ip & ,immigration ,s]vices      
website 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 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$--     
7,a7 writt5 reprim&2  7,b7 susp5sion2   
7,c7 demotion2 or  7,d7 removal4  7g7   
,rule ( con/ruction ,no?+ 9 ?is section 
may be con/ru$ to modify any law1       

regulation1 or policy reg>d+ ! h&l+ or  
disclosure ( classifi$ in=mation4  7h7  
,effective date ,! am5dm5ts made by ?is 
section %all take effect on ! date ( !  
enactm5t ( ?is ,act4