,,ii #aaf? ,,congress #a/ ,session ,s4 #bedj ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,septemb] #bd1 #bjai,mr4 ,grassley 7= himself & ,mr4 ,leahy7 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ! ,judici>y ,a ,,bill ,to reau?orize ! ,,eb-#e ,regional ,c5t] ,program 9 ord] to prev5t fraud & promote & re=m =eign capital inve/m5t & job creation 9 ,am]ican communities4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,,eb-#e ,re=m & ,integrity ,act ( #bjai4 #b4 ,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$4 7b7 ,au?orization ,section #bjc7;b77#e7 ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aaec7;b77#e77 is am5d$ 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 #bjbd1 to qualifi$ immigrants 7& ! eligible sp\ses & *ildr5 ( su* immigrants7 pool+ _! inve/m5ts ) #a or m qualifi$ immigrants 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 ,process+ ,9 process+ petitions "u section #bjd7;a77#a77;,h7 = classification "u ?is p>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,f7 if ! ali5 petition] c]tifies t su* records are incorporat$ by ref]5ce into ! ali5's petition4 7iii7 ,e/abli%m5t ( a regional c5t] ,a regional c5t] %all op]ate )9 a def9$ & limit$ geographic area1 :i* %all be describ$ 9 ! proposal & be consi/5t ) ! purpose ( conc5trat+ pool$ inve/m5t )9 su* 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 & transp>5t =eca/+ tools1 conc]n+ ! am\nt ( inve/m5t t w be pool$1 ! k9ds ( comm]cial ent]prises t w receive su* inve/m5ts1 details ( ! jobs t w be creat$ 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 new comm]cial ent]prises & any associat$ job-creat+ entity to seek 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]$1 or ! (f]ors or (f]ees reside2 & 7,,iii7 atte/ations & in=mation confirm+ t all p]sons involv$ ) ! regional c5t] meet ! requirem5ts "u clauses 7i7 & 7ii7 ( subp>agraph 7,h74 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 "u ?is p>agraph 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 provid$ t ! ,secret>y may reque/ additional evid5ce to v]ify t ! directly creat$ jobs satisfy ! requirem5ts "u su* subp>agraph2 & 7bb7 consi/5t ) ?is subp>agraph1 jobs e/imat$ to h be5 creat$ indirectly ?r\gh capital exp5ditures1 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 t attributes jobs to prospective t5ants occupy+ comm]cial real e/ate creat$ or improv$ by capital inve/m5ts 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 ,! ,secret>y %all prescribe regulations to ensure t ali5 inve/or capital may n be utiliz$1 by a new comm]cial ent]prise or o!rwise1 to pur*ase municipal bonds or any o!r bonds1 if su* bonds are available to ! g5]al public1 ei!r z "p ( a prim>y (f]+ or f a second>y m>ket4 7vi7 ,am5dm5ts ,! ,secret>y ( ,homel& ,security %all-- 7,i7 require a regional c5t]-- 7aa7 to provide advance notice to ! ,secret>y ( significant propos$ *anges to its organizational /ructure1 own]%ip1 or adm9i/ration1 includ+ ! sale ( su* c5t]1 or o!r arrangem5ts :i* w\ld result 9 individuals n previ\sly subject to ! requirem5ts "u subp>agraph 7,h7 becom+ involv$ ) ! regional c5t]1 be=e any su* propos$ *anges may take effect2 or 7bb7 if exig5t circum/ances are pres5t1 to provide ! notice describ$ 9 item 7aa7 to ! ,secret>y n lat] ?an #e bus9ess days aft] a *ange describ$ 9 su* item2 7,,ii7 approve any am5dm5t ref]r$ to 9 subclause 7,i7 only aft] ! ,secret>y det]m9es t ! regional c5t] w\ld rema9 compliant ) ?is subp>agraph & subp>agraph 7,h7 aft] implem5t+ ! propos$ *anges2 & 7,,iii7 not)/&+ ! p5d5cy ( a det]m9ation describ$ 9 subclause 7,,ii7 relat+ to an am5dm5t ( a bus9ess plan or petition1 adjudicate bus9ess plans "u subp>agraph 7,f7 & petitions "u section #bjd7;a77#a77;,h74 7vii7 ,record keep+ & audits 7,i7 ,record keep+ ,ea* regional c5t] %all make & pres]ve1 dur+ ! #e-ye> p]iod beg9n+ on ! la/ day ( ! ,f$]al fiscal ye> 9 :i* any transactions occurr$1 books1 l$g]s1 records1 & o!r docum5tation f ! regional c5t]1 new comm]cial ent]prise1 or job-creat+ entity us$ to support-- 7aa7 any claims1 evid5ce1 or c]tifications conta9$ 9 ! regional c5t]'s annual /atem5ts "u subp>agraph 7,g72 & 7bb7 associat$ petitions by ali5s seek+ classification "u ?is section or removal ( conditions "u section #baf;,a4 7,,ii7 ,audits ,! ,secret>y %all audit ea* regional c5t] n less frequ5tly ?an once e #c ye>s4 ,ea* su* audit %all include a review ( any docum5tation requir$ to be ma9ta9$ "u subclause 7,i7 = ! prec$+ #c ye>s & a review ( ! fl[ ( ali5 inve/or capital into any capital inve/m5t project4 ,to ! ext5t multiple regional c5t]s are locat$ at a s+le site1 ! ,secret>y may audit multiple regional c5t]s 9 a s+le site visit4 7,,iii7 ,t]m9ation ,! ,secret>y %all t]m9ate ! designation ( a regional c5t] t fails to cons5t to an audit "u subclause 7,,ii7 or delib]ately attempts to imp$e su* an audit4 7,f7 ,bus9ess plans = regional c5t] inve/m5ts 7i7 ,application = approval ( an inve/m5t 9 a comm]cial ent]prise ,a regional c5t] %all file an application ) ! ,secret>y ( ,homel& ,security = ea* p>ticul> inve/m5t (f]+ ?r\gh an associat$ 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 & transp>5t 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 p]son ) simil> responsibilities1 ! description ( ! bus9ess plan to be provid$ to pot5tial ali5 inve/ors1 & m>ket+ mat]ials us$1 or drafts prep>$ = use1 9 connection ) ! (f]+1 :i* %all conta9 ref]5ces1 z appropriate1 to-- 7aa7 any inve/m5t risks associat$ ) ! new comm]cial ent]prise & ! job-creat+ entity2 7bb7 any 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 ( su* entities2 7cc7 any 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 9 ano!r c\ntry1 affect+ ! regional c5t]1 ! new comm]cial ent]prise1 any associat$ job-creat+ entity1 or any o!r ent]prise 9 :i* any pr9cipal ( any ( ! a=em5tion$ entities held majority own]%ip at ! "t2 & 7dd7 7,,aa7 any fees1 ongo+ int]e/1 or o!r comp5sation paid1 or to be paid by ! regional c5t]1 ! new comm]cial ent]prise1 or any issu] ( securities int5d$ to be (f]$ to ali5 inve/ors1 to ag5ts1 f9d]s1 or brok] deal]s involv$ 9 ! (f]+ ( securities to ali5 inve/ors 9 connection ) ! inve/m5t2 7,,bb7 a description ( ! s]vices p]=m$1 or t w be p]=m$1 by su* p]son to entitle ! p]son to su* fees1 int]e/1 or comp5sation2 & 7,,cc7 ! "n & contact in=mation ( any su* p]son1 if kn[n at ! "t ( fil+2 7,v7 a description ( ! policies & proc$ures1 su* z ^? relat$ to int]nal & ext]nal due dilig5ce1 reasonably design$ to cause ! regional c5t] & any issu] ( securities int5d$ to be (f]$ to ali5 inve/ors 9 connection ) ! relevant capital inve/m5t project1 to comply1 z applicable1 ) ! securities laws ( ! ,unit$ ,/ates & ! laws ( ! applicable ,/ates 9 connection ) ! (f]1 pur*ase1 or sale ( its securities2 7,,vi7 a c]tification f ! regional c5t]1 & any issu] ( securities int5d$ to be (f]$ to ali5 inve/ors 9 connection ) ! relevant capital inve/m5t project1 t _! respective ag5ts & employees1 & any p>ties associat$ ) ! regional c5t] & su* issu] ( securities affiliat$ ) ! regional c5t] 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$2 & 7bb7 :e!r ! project is consi/5t ) ! ag5cy or municipality's plan = economic developm5t 9 ! region4 7ii7 ,effect ( approval ( a bus9ess plan = an inve/m5t 9 a regional c5t]'s comm]cial ent]prise ,! approval ( an application "u ?is subp>agraph1 includ+ an approval be=e ! date ( ! enactm5t ( ?is subp>agraph1 %all be b9d+ = purposes ( ! adjudication ( subsequ5t petitions seek+ classification "u ?is p>agraph by immigrants inve/+ 9 ! same (f]+ describ$ 9 su* application1 & ( petitions by ! same immigrants fil$ "u section #baf;,a unless-- 7,i7 ! applicant engag$ 9 fraud1 misrepres5tation1 or crim9al misuse2 7,,ii7 su* approval w\ld ?reat5 public safety or national security2 7,,iii7 !re has be5 a mat]ial *ange t affects ! program eligibility ( ! approv$ economic model or t]ms ( ! inve/m5t (f]+2 7,,iv7 ! discov]y ( o!r evid5ce affect+ program eligibility 0 n disclos$ by ! applicant dur+ ! adjudication process2 or 7,v7 ! previ\s adjudication involv$ a mat]ial mi/ake ( law or fact4 7iii7 ,am5dm5ts 7,i7 ,approval ,! ,secret>y ( ,homel& ,security may e/abli% proc$ures by :i* a regional c5t] may seek approval ( an am5dm5t to an approv$ application "u ?is subp>agraph t reflects *anges specifi$ by ! ,secret>y to any in=mation1 docum5ts1 or o!r aspects ( ! inve/m5t (f]+ describ$ 9 su* approv$ application n lat] ?an #cj days aft] any su* *anges4 7,,ii7 ,incorporation ,^u ! approval ( a timely fil$ am5dm5t to an approv$ application1 any *anges reflect$ 9 su* am5dm5t may be incorporat$ into & consid]$ 9 det]m9+ program eligibility ?r\gh adjudication (-- 7aa7 p5d+ petitions f immigrants inve/+ 9 ! (f]+ describ$ 9 ! approv$ application :o are seek+ classification "u ?is p>agraph2 & 7bb7 petitions by immigrants describ$ 9 item 7aa7 t are fil$ "u section #baf;,a4 7iv7 ,site visits ,! ,secret>y ( ,homel& ,security1 n e>li] ?an #bd h\rs aft] provid+ notice ( ea* site visit1 %all-- 7,i7 p]=m site visits to regional c5t]s2 & 7,,ii7 p]=m at lea/ #a site visit to1 z applicable1 ea* new comm]cial ent]prise or job-creat+ entity1 or ! bus9ess locations :]e any jobs t are claim$ z be+ creat$1 :i*-- 7aa7 %all include a review = evid5ce ( direct job creation 9 accordance ) subp>agraph 7,e77v77,i72 & 7bb7 may occur at any "t dur+ ! p]iod betwe5 ! fil+ ( an application = approval ( an inve/m5t 9 a new comm]cial ent]prise "u ?is subp>agraph & ! adjudication ( ! fir/ petition = removal ( conditions on lawful p]man5t resid5t /atus "u section #baf;,a7c7 fil$ by an ali5 inve/+ 9 su* inve/m5t4 7,g7 ,regional c5t] annual /atem5ts 7i7 ,9 g5]al ,ea* regional c5t] designat$ "u subp>agraph 7,e7 %all annually submit a /atem5t 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 :i* %all include-- 7,i7 a c]tification /at+ t1 to ! be/ ( ! c]tifi]'s k1 aft] a due dilig5ce inve/igation1 ! regional c5t] is 9 compliance ) clauses 7i7 & 7ii7 ( subp>agraph 7,h72 7,,ii7 a c]tification describ$ 9 subp>agraph 7,i77ii77,,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,k77iii72 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 =eign inve/or capital inve/$ 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[ ! capital describ$ 9 item 7aa7 is be+ us$ to execute ea* capital inve/m5t project 9 ! fil$ bus9ess plan or plans2 7cc7 evid5ce t #ajj p]c5t ( ! capital describ$ 9 item 7aa7 has 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 any affiliat$ issu] ( securities int5d$ to be (f]$ to ali5 inve/ors1 or any promot]1 f9d]1 brok]-deal]1 or o!r entity engag$ by any ( ! a=em5tion$ entities to locate individual inve/ors-- 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,f77i77,,iv7 if !re has be5 a mat]ial *ange dur+ ! prec$+ fiscal ye>2 & 7hh7 a c]tification by ! regional c5t] t ! in=mation provid$ "u items 7aa7 ?r\gh 7gg7 is 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 designation "u subp>agraph 7,e71 includ+ any willful1 undisclos$1 & mat]ial deviation by new comm]cial ent]prises f any fil$ bus9ess plan = su* new 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 associat$ 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,j72 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 p>ticipation 9 ! program describ$ 9 subp>agraph 7,e7 = #a or m individuals or bus9ess entities associat$ ) ! regional c5t]1 new comm]cial ent]prise1 or job-creat+ entity2 & 7dd7 t]m9ation ( regional c5t] designation4 7iv7 ,availability ( annual /atem5ts to inve/ors ,n lat] ?an #cj days aft] a reque/ f an ali5 inve/or1 a regional c5t] %all make available to su* ali5 inve/or-- 7,i7 a copy ( ! fil$ annual /atem5t2 & 7,,ii7 any am5dm5ts fil$ to su* /atem5t4 7,h7 ,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$-- 7aa7 a crim9al or civil violation involv+ fraud or deceit )9 ! previ\s #aj ye>s2 7bb7 a civil violation involv+ fraud or deceit t result$ 9 a liability 9 excess ( #a1jjj1jjj2 or 7cc7 a crime = :i* ! p]son 0 convict$ & s5t5c$ to 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 p]=m+ simil> functions71 a ,/ate au?ority t sup]vises or exam9es banks1 sav+s associations1 or cr$it unions1 a ,/ate insurance commission 7or an ag5cy or (fic] ( a ,/ate p]=m+ simil> functions71 an appropriate ,f$]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$it union activities2 7,,iii7 ! ,secret>y det]m9es t ! p]son is engag$ 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 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$+ #aj ye>s1 has receiv$ a reprim& or has 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$ ,a p]son may n 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 su* t]ms are def9$ 9 p>agraphs 7#bj7 & 7#bb7 ( section #aja7;a774 7,,ii7 ,=eign gov]nm5ts ,no ag5cy1 (ficial1 or o!r simil> entity or repres5tative ( a =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+ entity1 except t a =eign or dome/ic inve/m5t fund or o!r inve/m5t vehicle t is :olly or p>tially own$1 directly or indirectly1 by a bona fide =eign sov]eign weal? fund or a =eign /ate-own$ ent]prise o!rwise p]mitt$ to d bus9ess 9 ! ,unit$ ,/ates may be involv$ ) ! own]%ip1 b n ! adm9i/ration1 ( a job-creat+ entity t is n an affiliat$ job-creat+ entity4 7,,iii7 ,rulemak+ ,n lat] ?an #ahj days aft] ! date ( ! enactm5t ( ! ,,eb-#e ,re=m & ,integrity ,act ( #bjai1 ! ,secret>y %all issue regulations implem5t+ subp>agraphs 7,i7 & 7,,ii74 7iii7 ,in=mation requir$ 7,i7 ,9 g5]al ,! ,secret>y ( ,homel& ,security %all require su* atte/ations & in=mation1 includ+ ! submission ( f+]pr9ts or o!r biometrics to ! ,f$]al ,bureau ( ,inve/igation1 & %all p]=m su* crim9al record *ecks & o!r backgr\nd & database *ecks ) respect to a regional c5t]1 a new comm]cial ent]prise1 & any affiliat$ job-creat+ entity1 & p]sons involv$ ) su* entities 7z describ$ 9 clause 7v771 to det]m9e :e!r su* entities are 9 compliance ) clauses 7i7 & 7ii74 7,,ii7 ,tim+ ,! ,secret>y may-- 7aa7 require ! in=mation & atte/ations describ$ 9 subclause 7,i7 f ! entities ref]r$ to 9 subclause 7,i71 & any p]son involv$ ) su* entities1 at any "t on or aft] ! date ( ! enactm5t ( ! ,,eb-#e ,re=m & ,integrity ,act ( #bjai2 & 7bb7 p]=m su* *ecks ) respect to any job-creat+ entity & 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 7aa7 ,notification ,! ,secret>y1 aft] p]=m+ ! crim9al record *ecks & 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 7bb7 ,effect ( failure to respond ,if ! regional c5t]1 new comm]cial ent]prise1 or job-creat+ entity fails to discont9ue ! prohibit$ p]son's involvem5t ) ! regional c5t]1 new comm]cial ent]prise1 or job-creat+ entity1 z applicable1 )9 #cj days aft] receiv+ su* notification1 su* entity %all be deem$ to h k "u subclause 7,i77aa7 t ! involvem5t ( su* p]son ) ! entity 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 p>agraph1 unless o!rwise det]m9$ by ! ,secret>y ( ,homel& ,security1 a p]son is involv$ ) a regional c5t]1 a new comm]cial ent]prise1 any affiliat$ job-creat+ entity1 or ano!r job-creat+ entity1 z applicable1 if ! p]son 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 or use ( any fund+ t 0 procur$ "u ! program describ$ 9 subp>agraph 7,e74 ,an individual may be 9 a position ( sub/antive au?ority if ! p]son s]ves z a pr9cipal1 a repres5tative1 an adm9i/rator1 an own]1 an (fic]1 a bo>d memb]1 a manag]1 an executive1 a g5]al p>tn]1 a fiduci>y1 an ag5t1 or 9 a simil> position at ! regional c5t]1 new comm]cial ent]prise1 or job-creat+ entity1 respectively4 7,i7 ,compliance ) securities laws 7i7 ,jurisdiction 7,i7 ,9 g5]al ,! ,unit$ ,/ates has jurisdiction1 includ+ subject matt] jurisdiction1 ov] ! pur*ase or sale ( any security (f]$ or sold1 or any inve/m5t advice provid$1 by any regional c5t] or any p>ty associat$ ) a regional c5t] = purposes ( ! securities laws4 7,,ii7 ,compliance ) regulation ,s ,= 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 7#ag ,c4,f4,r4 #bcj4ija et seq47 to ! ext5t t su* (f]+ or sell+ o!rwise complies ) t regulation4 7,,iii7 ,sav+s provision ,subclause ,i is n int5d$ to modify any exi/+ rules or regulations ( ! ,securities & ,ex*ange ,commission relat$ to ! application ( section #ae7;a7 ( ! ,securities & ,ex*ange ,act ( #aicd 7#ae ,u4,s4,c4 #gho7a77 to =eign brok]s or deal]s4 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$ures 7su* z ^? relat$ to int]nal & ext]nal due dilig5ce7 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*-- 7aa7 ! (f]1 pur*ase1 or sale ( securities 0 conduct$2 7bb7 ! issu] ( securities 0 locat$2 or 7cc7 ! inve/m5t advice 0 provid$ 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,i71 9 accordance ) subp>agraph 7,g71 to 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*-- 7,,aa7 ! (f]1 pur*ase1 or sale ( securities 0 conduct$2 7,,bb7 ! issu] ( securities 0 locat$2 or 7,,cc7 ! 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+ ! 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-- 7,i7 monitor & sup]vise all (f]s1 pur*ases1 & sales (1 & inve/m5t advice relat+ to1 securities made by p>ties associat$ ) ! regional c5t] to confirm compliance ) ! securities laws ( ! ,unit$ ,/ates2 7,,ii7 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 ( _! creation2 & 7,,iii7 make ! records1 data1 & in=mation describ$ 9 subclause 7,,ii7 available to ! ,secret>y or to ! ,securities & ,ex*ange ,commission ^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] or impose o!r sanctions aga9/ ! regional c5t] if ! regional c5t]1 or any p>ties associat$ ) ! regional c5t] t ! regional c5t] knew or reasonably %\ld h kn[n-- 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 or a ,/ate securities regulator t-- 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 submitt$1 or caus$ to be submitt$1 a c]tification describ$ 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 ,def9$ t]m ,9 ?is subp>agraph1 ! t]m p>ties 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 & attorneys1 or simil> position1 z det]m9$ by ! ,secret>y2 & 7,,iv7 any p]son "u ! control ( ! regional c5t]1 new comm]cial ent]prise1 or issu] ( securities associat$ ) ! regional c5t] :o is responsible = ! m>ket+1 (f]+1 or sale ( any security (f]$ 9 connection ) ! capital inve/m5t project4 7vi7 ,sav+s provision ,no?+ 9 ?is subp>agraph may be con/ru$ to impair or limit ! au?ority ( ! ,securities & ,ex*ange ,commission "u ! ,f$]al securities laws or any ,/ate securities regulator "u ,/ate securities laws4 7,j7 ,,eb-#e integrity fund 7i7 ,e/abli%m5t ,!re is e/abli%$ 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 to ! ,secret>y ( ,homel& ,security until exp5d$ = ! purposes set =? 9 clause 7iii74 7ii7 ,fees 7,i7 ,annual fee ,on ,octob] #a1 #bjbj1 & on ,octob] #a ( ea* ye> !reaft]1 ! ,secret>y ( ,homel& ,security %all collect = ! ,fund an annual fee-- 7aa7 except z provid$ 9 item 7bb71 ( #bj1jjj f ea* regional c5t] designat$ "u subp>agraph 7,e72 & 7bb7 ( #aj1jjj f ea* su* regional c5t] ) #bj or few] total inve/ors 9 ! prec$+ fiscal ye> 9 its new comm]cial ent]prises4 7,,ii7 ,petition fee ,beg9n+ on ,octob] #a1 #bjbj1 ! ,secret>y %all collect a fee ( #a1jjj = ! ,fund ) ea* petition fil$ "u section #bjd7;a77#a77;,h7 = classification "u subp>agraph 7,e74 ,! fee "u ?is subclause is 9 addition to ! fee t ! ,secret>y is au?oriz$ to e/abli% & collect = ea* petition to recov] ! co/s ( adjudication & naturalization s]vices "u section #bhf7m74 7,,iii7 ,increases ,! ,secret>y may increase ! am\nts "u ?is clause by prescrib+ su* regulations z may be necess>y to ensure t am\nts 9 ! ,fund are suffici5t to c>ry out ! purposes set =? 9 clause 7iii74 7iii7 ,p]missible uses ( fund ,! ,secret>y %all-- 7,i7 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,l72 & 7,,ii7 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 job-creat+ entities1 & ali5 inve/ors 7& _! ali5 sp\ses & ali5 *ildr57 comply ) ! immigration laws2 7cc7 to conduct audits & site visits2 & 7dd7 z ! ,secret>y det]m9es to be necess>y1 includ+ monitor+ compliance ) ! requirem5ts "u section #g ( ! ,,eb-#e ,re=m & ,integrity ,act ( #bjai4 7iv7 ,failure to pay fee ,! ,secret>y ( ,homel& ,security %all-- 7,i7 impose a reasonable p5alty1 :i* %all be deposit$ into ! ,fund1 if any regional c5t] does n pay ! fee requir$ "u clause 7ii7 )9 #cj days aft] ! date on :i* su* fee is due2 & 7,,ii7 t]m9ate ! designation ( any regional c5t] t does n pay ! fee requir$ "u clause 7ii7 )9 #ij days aft] ! date on :i* su* fee is due4 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 7includ+ migration ag5ts7 ( a regional c5t]1 any new comm]cial ent]prise1 an affiliat$ job-creat+ entity1 or an issu] ( securities int5d$ to be (f]$ to ali5 inve/ors 9 connection ) a p>ticul> capital inve/m5t project %all comply ) ! rules & /&>ds prescrib$ by ! ,secret>y ( ,homel& ,security & any applicable ,f$]al or ,/ate securities laws1 to ov]see regional c5t] promotion1 includ+-- 7,i7 regi/ration ) ,u4,s4 ,citiz5%ip & ,immigration ,s]vices1 :i*-- 7aa7 includes id5tify+ & contact in=mation = su* promot] & confirmation ( ! exi/5ce ( ! writt5 agreem5t requir$ "u clause 7iii72 & 7bb7 may be made publicly available at ! discretion ( ! ,secret>y2 7,,ii7 c]tification by ea* promot] t su* promot] is n ineligible "u subp>agraph 7,h77i72 7,,iii7 guidel9es = repres5t+ ! visa process to =eign inve/ors2 & 7,,iv7 guidel9es describ+ p]missible fee arrangem5ts "u applicable securities & immigration laws4 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 subp>agraph 7,e74 7iii7 ,compliance ,ea* regional c5t] %all ma9ta9 a writt5 agreem5t outl9+ ! rules & /&>ds prescrib$ "u clause 7i7 betwe5-- 7,i7 ! regional c5t]1 ! new comm]cial ent]prise1 any affiliat$ job-creat+ entity1 or any issu] ( securities int5d$ to be (f]$ to ali5 inve/ors 9 connection ) a p>ticul> capital inve/m5t project2 & 7,,ii7 ea* direct or ?ird-p>ty promot] op]at+ on behalf ( su* entity or issu]4 7iv7 ,disclosure ,ea* petition fil$ "u section #bjd7;a77#a77;,h7 %all include a disclosure1 sign$ by ! 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,f74 7,l7 ,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 require t an ali5 inve/or's petition "u ?is p>agraph conta91 z applicable-- 7,i7 bus9ess & tax records1 or simil> records1 includ+-- 7aa7 =eign bus9ess regi/ration records2 7bb7 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 returns1 includ+ income1 fran*ise1 prop]ty 7:e!r real1 p]sonal1 or intangible71 or any o!r tax returns ( any k9d1 fil$ dur+ ! pa/ #g ye>s 7or ano!r p]iod to be det]m9$ by ! ,secret>y to ensure t ! inve/m5t is obta9$ f a lawful s\rce ( funds7 ) any tax+ jurisdiction )9 or outside ! ,unit$ ,/ates by or on behalf ( ! ali5 inve/or2 & 7cc7 any o!r 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 ( ! inve/or1 any funds t are us$ to meet ! capital requirem5t "u subp>agraph 7,a74 7,m7 ,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 a new comm]cial ent]prise1 or a 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 7b n soon] ?an #ahj days aft] ! date ( ! enactm5t ( ! ,,eb-#e ,re=m & ,integrity ,act ( #bjai7 unless-- 7,i7 9 ! case ( ! t]m9ation ( a regional c5t]-- 7aa7 ! new comm]cial ent]prise associates ) an approv$ regional c5t]1 reg>dless ( ! approv$ geographical b\nd>ies ( su* regional c5t]'s designation2 or 7bb7 su* ali5 makes a qualify+ inve/m5t 9 ano!r new comm]cial ent]prise2 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]prise4 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 7iv7 ,9 case ( en=cem5t action ,except z provid$ 9 clause 7v71 if ! ,secret>y ( ,homel& ,security1 ! ,attorney ,g5]al1 or ! ,securities & ,ex*ange ,commission files1 9 any ,unit$ ,/ates ,di/rict ,c\rt1 a crim9al or civil en=cem5t action conta9+ allegations t a regional c5t]1 a new comm]cial ent]prise1 a job-creat+ entity1 or any p]son involv$ ) any ( ! =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 section #bjc7;b77#e7 & 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 section #bjc7;b77#e77;,e7 or ! petition = removal ( conditions describ$ 9 section #baf;,a7c71 includ+ am5dm5ts to ! bus9ess plan1 )\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 clause 7iv7 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 "u ?is p>agraph & "u section #baf;,a4 7v7 ,exception ,if ! ,secret>y has reason to believe t 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+ entity 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-- 7aa7 notify ! ali5 ( su* belief2 & 7bb7 subject to section #baf;,a7b77#b71 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,n7 ,?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]m9es1 9 ! ,secret>y's discretion1 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 ! designation ( 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 7,,iv7 an application = approval ( a bus9ess plan 9 a new comm]cial ent]prise "u subp>agraph 7,f72 or 7,v7 a tempor>y ,gre5 ,c>d grant+ conditional p]man5t resid5t /atus t 0 issu$ to an ali5 pursuant to section #baf;,a4 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 ( ! 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,o7 ,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,n77ii71 if ! ,secret>y det]m9es1 9 ! ,secret>y's discretion1 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 ?is p>agraph 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 if ! ,secret>y det]m9es1 9 ! ,secret>y's discretion1 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 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 9 accordance ) clause 7i71 z ( ! date ( su* det]m9ation4 7,p7 ,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 fil$ "u subp>agraph 7,f72 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 "u ?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 7,q7 ,fund adm9i/ration 7i7 ,9 g5]al ,ea* new comm]cial ent]prise %all deposit & ma9ta9 ! capital inve/m5t ( ea* ali5 inve/or 9 a sep>ate acc\nt1 includ+ am\nts held 9 escr[4 7ii7 ,use ( funds ,am\nts 9 a sep>ate acc\nt may only-- 7,i7 be transf]r$ to ano!r sep>ate acc\nt or a job-creat+ entity2 7,,ii7 o!rwise be deploy$ into ! capital inve/m5t project = :i* ! funds 7 int5d$2 or 7,,iii7 be transf]r$ to ! ali5 inve/or :o contribut$ ! funds z a refund ( t inve/or's capital inve/m5t1 if o!rwise p]mitt$ "u ?is p>agraph4 7iii7 ,deploym5t ( funds into an affiliat$ job-creat+ entity ,if am\nts are transf]r$ to an affiliat$ job-creat+ entity pursuant to clause 7ii77,i7-- 7,i7 ! affiliat$ job-creat+ entity %all ma9ta9 su* am\nts 9 a sep>ate acc\nt until !y are deploy$ into ! capital inve/m5t project = :i* !y 7 int5d$2 & 7,,ii7 n lat] ?an #cj days aft] su* am\nts are deploy$ pursuant to subclause 7,i71 ! affiliat$ job-creat+ entity %all provide writt5 notice to ! fund adm9i/rator reta9$ pursuant to clause 7iv7 t a con/ruction consultant or o!r individual au?oriz$ by ! ,secret>y has v]ifi$ t su* am\nts h be5 deploy$ into ! project4 7iv7 ,fund adm9i/rator ,except z provid$ 9 clause 7v71 ! new comm]cial ent]prise %all reta9 a fund adm9i/rator to fulfill ! requirem5ts "u ?is subp>agraph4 ,! fund adm9i/rator %all-- 7,i7 be indep5d5t (1 & n directly 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 7,,ii7 be lic5s$1 active1 & 9 good /&+ z-- 7aa7 a c]tifi$ public acc\ntant2 7bb7 an attorney2 7cc7 a brok]-deal] or inve/m5t advis] regi/]$ ) ! ,securities & ,ex*ange ,commission2 or 7dd7 an individual or company t o!rwise meets su* requirem5ts z may be e/abli%$ by ! ,secret>y2 7,,iii7 monitor & track any transf] ( am\nts f ! sep>ate acc\nt2 7,,iv7 s]ve z a cosignatory on all sep>ate acc\nts2 7,v7 be=e any transf] ( am\nts f a sep>ate acc\nt-- 7aa7 v]ify t ! transf] complies ) all gov]n+ docum5ts1 includ+ organizational1 op]ational1 & inve/m5t docum5ts2 & 7bb7 approve su* transf] ) a writt5 or electronic signature2 & 7,,vi7 p]iodically provide ea* ali5 inve/or ) in=mation ab\t ! activity ( ! acc\nt 9 :i* ! inve/or's capital inve/m5t is held1 includ+-- 7aa7 ! "n & location ( ! bank or f9ancial in/itution at :i* ! acc\nt is ma9ta9$2 7bb7 ! hi/ory ( ! acc\nt2 & 7cc7 any additional in=mation requir$ by ! ,secret>y4 7v7 ,waiv] ,! ,secret>y ( ,homel& ,security1 aft] consultation ) ! ,securities & ,ex*ange ,commission1 may waive ! requirem5ts "u clause 7iv7 = any new comm]cial ent]prise or affiliat$ job-creat+ entity t is controll$ by or "u common control ( an inve/m5t advis] or brok]-deal] t is regi/]$ ) ! ,securities & ,ex*ange ,commission if ! ,secret>y1 9 ! ,secret>y's discretion1 det]m9es t ! ,securities & ,ex*ange ,commission provides comp>able protections & transp>5cy = ali5 inve/ors z ! protections & transp>5cy provid$ "u clause 7iv74 7vi7 ,def9$ t]m ,9 ?is subp>agraph1 ! t]m sep>ate acc\nt means an acc\nt t-- 7,i7 is ma9ta9$ 9 ! ,unit$ ,/ates by a new comm]cial ent]prise at a f$]ally regulat$ bank or at ano!r f9ancial in/itution 7z def9$ 9 section #bj ( title #ah1 ,unit$ ,/ates ,code7 9 ! ,unit$ ,/ates2 7,,ii7 is insur$2 7,,iii7 is ma9ta9$ by ! job-creat+ entity1 except z provid$ 9 p>agraph 7#f72 & 7,,iv7 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 #c4 ,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]$1 at ! "t ( obta9+ /atus z an ali5 lawfully admitt$ = 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 ! subsection 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 ! subsection 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 ! relevant corporate (fice or bus9ess location describ$ 9 section #bjc7;b77#e77;,f77iv74 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 a #a-"t1 #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 resid5ce1 provid$ t su* ali5's capital w rema9 inve/$ dur+ su* "t2 & 2 7,b7 9 p>agraph 7#b71 by am5d+ subp>agraph 7,a7 to read z foll[s3 7,a7 ,n9ety-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 imm$iately prec$+ ! second anniv]s>y ( ! ali5 inve/or's lawful admission = p]man5t resid5ce4 7ii7 ,exception ,ali5s describ$ 9 subclauses 7,i77bb7 & 7,,ii7 ( section #bjc7;b77#e77,m77ii7 %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 = an int]view "u subsection 7c77#a77;,b7 or ! requirem5t = su* an int]view accord+ to crit]ia develop$ by ,u4,s4 ,citiz5%ip & ,immigration ,s]vices1 9 consultation ) its ,fraud ,detection & ,national ,security ,directorate & ,u4,s4 ,immigration & ,cu/oms ,en=cem5t1 provid$ t su* crit]ia d n include a 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$ "u section #bjc7;b77#e7 ( su* ,act 7#h ,u4,s4,c4 #aaec7;b77#e77 0 approv$ be=e ! date ( ! enactm5t ( ?is ,act4 #d4 ,,eb-#e visa re=ms 7a7 ,def9itions ,section #bjc7;b77#e77;,d7 ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aaec7;b77#e77;,d77 is am5d$ to read z foll[s3 7,d7 ,def9itions ,9 ?is p>agraph3 7i7 ,affiliat$ job-creat+ entity ,! t]m affiliat$ job-creat+ entity means any job-creat+ entity t is controll$1 manag$1 or own$ by any ( ! p involv$ ) ! regional c5t] or new comm]cial ent]prise "u section #bjc7;b77#e77;,h77v74 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* entities' policies & proc$ures relat$ to compliance ) ! requirem5ts "u ?is p>agraph4 7iv7 ,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,e7 & :i* is responsible = creat+ jobs to satisfy ! requirem5t "u subp>agraph 7,a77ii74 7v7 ,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 inve/ors "u ?is p>agraph4 4 7b7 ,age det]m9ation = *ildr5 ( ali5 inve/ors ,section #bjc7;h7 ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aaec7;h77 is am5d$ by add+ at ! end ! foll[+3 7#e7 ,age det]m9ation = *ildr5 ( ali5 inve/ors ,an ali5 :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 subsection 7b77#e77,m71 %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 7c7 ,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 7d7 ,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 7e7 ,type ( inve/m5t ,section #bjc7;b77#e77;,a7 ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aaec7;b77#e77;,a771 z am5d$ by subsection 7a77#b71 is fur!r am5d$-- 7#a7 9 clause 7i71 by /rik+ 7,c71 & & ins]t+ 7,c7 & :i* is expect$ to rema9 inve/$ = n less ?an #b ye>s2 &2 & 7#b7 9 clause 7ii7-- 7,a7 by /rik+ & create & ins]t+ by creat+2 & 7,b7 by ins]t+ 1 ,unit$ ,/ates nationals1 aft] citiz5s4 7f7 ,requir$ *ecks ,section #bjc7;b77#e7 ( ! ,immigration & ,nationality ,act1 z am5d$ by ?is section & section #b1 is fur!r am5d$ by add+ at ! end ! foll[+3 7,r7 ,requir$ *ecks ,any petition fil$ by an ali5 "u section #bjd7;a77#a77;,h7 may n be approv$ "u ?is p>agraph unless ! ,secret>y ( ,homel& ,security has se>*$ = ! ali5 & any associat$ employ] ( su* ali5 on ! ,specially ,designat$ ,nationals ,li/ ( ! ,dep>tm5t ( ! ,treasury ,(fice ( ,=eign ,assets ,control4 4 7g7 ,con=m+ *anges ,section #bja7;d77#a7 ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aaea7;d77#a77 is am5d$-- 7#a7 9 subp>agraph 7,a71 by /rik+ ! comma & ins]t+ a semicolon2 7#b7 9 subp>agraph 7,b71 by /rik+ ! p]iod at ! end & ins]t+ 2 plus2 & 7#c7 by add+ at ! end ! foll[+3 7,c7 ! numb] ( unus$ visas comput$ "u section #bjc7;b77#e77;,b77i77,,ii7 7:i* %all be allocat$ pursuant to su* section74 4 7h7 ,effective date ,! am5dm5ts made by ?is section %all take effect on ! date ( ! enactm5t ( ?is ,act4 #e4 ,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 ,any ali5 seek+ classification "u section #bjc7;b77#e7 may file a petition = su* classification ) ! ,secret>y ( ,homel& ,security4 ,an ali5 seek+ to pool 8 or h] inve/m5t ) #a or m additional ali5s seek+ classification "u section #bjc7;b77#e7 %all file = su* classification 9 accordance ) section #bjc7;b77#e77;,e74 ,an ali5 petition+ = classification "u section #bjc7;b77#e77;,e7 may file a petition ) ! ,secret>y aft] fil+ an application = approval ( an inve/m5t "u section #bjc7;b77#e77;,f74 7ii7 ,a petition] describ$ 9 clause 7i7 %all e/abli% eligibility at ! "t he or %e files a petition = classification "u section #bjc7;b77#e74 ,a petition] :o 0 eligible = su* classification at ! "t ( su* fil+ %all be deem$ eligible = su* classification at ! "t su* petition is adjudicat$4 4 7b7 ,effective dates 7#a7 ,9 g5]al ,! am5dm5t made by subsection 7a7 %all take effect on ! date ( ! enactm5t ( ?is ,act4 7#b7 ,applicability to petitions 7,a7 ,fil+ ,clause 7i7 ( section #bjd7;a77#a77;,h7 ( ! ,immigration & ,nationality ,act1 z add$ by subsection 7a71 %all apply to any petition = classification pursuant to section #bjc7;b77#e77;,e7 ( su* ,act 7#h ,u4,s4,c4 #aaec7;b77#e77;,e77 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;,e7 ( su* ,act 7#h ,u4,s4,c4 #aaec7;b77#e77;,e77 t is fil$ ) ! ,secret>y ( ,homel& ,security at any "t4 #f4 ,timely process+ 7a7 ,fee /udy ,n lat] ?an #a ye> aft] ! date ( ! enactm5t ( ?is ,act1 ! ,director ( ,u4,s4 ,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 ! ,director1 n lat] ?an #fj days aft] ! completion ( ! /udy "u subsection 7a71 %all set fees = s]vices provid$ "u sections #bjc7;b77#e7 & #baf;,a ( su* ,act 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 #ahj days aft] receiv+ a proposal = ! e/abli%m5t ( a regional c5t] describ$ 9 section #bjc7;b77#e77;,e7 ( su* ,act2 7#b7 #ahj days aft] receiv+ an application = approval ( an inve/m5t 9 a new comm]cial ent]prise describ$ 9 section #bjc7;b77#e77;,f7 ( su* ,act2 7#c7 #ij days aft] receiv+ an application = approval ( an inve/m5t 9 a new comm]cial ent]prise describ$ 9 section #bjc7;b77#e77;,f7 ( su* ,act t is locat$ 9 a rural area or a priority urban inve/m5t area 7z su* t]ms are def9$ 9 section #bjc7;b77#e77;,d7 ( su* ,act1 z am5d$ by section #d7;c772 7#d7 #bdj days aft] receiv+ a petition f an ali5 desir+ to be classifi$ "u section #bjc7;b77#e77;,e72 7#e7 #abj days aft] receiv+ a petition f an ali5 desir+ to be classifi$ "u section #bjc7;b77#e77;,e7 ) respect to an inve/m5t 9 a rural area or a priority urban inve/m5t area 7z su* t]ms are def9$ 9 section #bjc7;b77#e77;,d7 ( su* ,act72 & 7#f7 #bdj days aft] receiv+ a petition f an ali5 = removal ( conditions describ$ 9 section #baf;,a7c74 7c7 ,additional fees ,fees 9 excess ( ! fee levels describ$ 9 subsection 7b7 may be *>g$ only-- 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 contribute to ! cov]age or r$uction ( ! co/s ( process+ or adjudicat+ classes ( immigration b5efit applications t ,congress1 or ! ,secret>y ( ,homel& ,security 9 ! case ( asylum applications1 has au?oriz$ 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 "u section #bjc7;b77#e7 ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aaec7;b77#e771 to make improvem5ts to ! in=mation te*nology sy/ems us$ by ! ,secret>y ( ,homel& ,security 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 ,exemption f ,pap]work ,r$uction ,act ,dur+ ! #a-ye> p]iod beg9n+ on ! date ( ! enactm5t ( ?is ,act1 ! requirem5ts "u *apt] #ce ( title #dd1 ,unit$ ,/ates ,code1 %all n apply to any collection ( in=mation requir$ "u ?is ,act1 any am5dm5t made by ?is ,act1 or any rule promulgat$ by ! ,secret>y ( ,homel& ,security to implem5t ?is ,act or ! am5dm5ts made by ?is ,act1 to ! ext5t t ! ,secret>y det]m9es t compliance ) su* requirem5ts w\ld imp$e ! exp$iti\s implem5tation ( ?is ,act or ! am5dm5ts made by ?is ,act4 7e7 ,rule ( con/ruction reg>d+ adjudication delays ,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 p5d+ ! completion ( a national security or law en=cem5t inve/igation relat+ to su* application or petition4 7f7 ,rule ( con/ruction reg>d+ modification ( fees ,no?+ 9 ?is section may be con/ru$ to require any modification ( fees be=e ! completion (-- 7#a7 ! fee /udy describ$ 9 subsection 7a72 or 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$ure ,act71 to c>ry out subsections 7b7 & 7c74 #g4 ,transp>5cy 7a7 ,9 g5]al ,employees ( ! ,dep>tm5t ( ,homel& ,security1 includ+ ! ,secret>y ( ,homel& ,security1 ! ,secret>y's c\nselors1 ! ,assi/ant ,secret>y = ! ,private ,sector1 ! ,director ( ,u4,s4 ,citiz5%ip & ,immigration ,s]vices1 c\nselors to su* ,director1 & ! ,*ief ( ,immigrant ,inve/or ,programs at ,u4,s4 ,citiz5%ip & ,immigration ,s]vices1 %all act imp>tially & may n give pref]5tial treatm5t to any entity1 organization1 or individual 9 connection ) any aspect ( ! immigrant visa program describ$ 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 ref]r$ to 9 subsection 7a71 ! /&>d process+ ( an application1 petition1 or b5efit =-- 7,a7 a regional c5t]2 7,b7 a new comm]cial ent]prise2 7,c7 a job-creat+ entity2 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 li/$ 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$+ = a case "u section #bjc7;b77#e7 ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aaec7;b77#e771 actual or electronic copies ( all case-specific writt5 communication1 includ+ emails f gov]nm5t & private acc\nts1 ) non-,dep>tm5t p]sons or entities advocat+ = regional c5t] applications or individual petitions "u su* section t are p5d+ on or aft] ! date ( ! enactm5t ( ?is ,act 7o!r ?an r\t9e communications ) o!r ag5cies ( ! ,f$]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 or 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 ( su* ,act t are p5d+ on or aft] ! date ( ! enactm5t ( ?is ,act 7except communications exempt$ "u p>agraph 7#a77-- 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$+ ( ! case4 7#b7 ,waiv] ,! ,secret>y ( ,homel& ,security may waive ! requirem5t "u p>agraph 7#a7 only 9 ! int]e/s ( national security or = inve/igative or law en=cem5t purposes4 7e7 ,*annels ( communication 7#a7 ,email address or equival5t ,! ,director ( ,u4,s4 ,citiz5%ip & ,immigration ,s]vices %all ma9ta9 an email acc\nt 7or equival5t means ( communication7 = p]sons or entities-- 7,a7 ) inquiries reg>d+ specific petitions or applications "u ! immigrant visa program describ$ 9 section #bjc7;b77#e7 ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aaec7;b77#e772 or 7,b7 seek+ in=mation t is n case-specific 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 ( ,u4,s4 ,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$ures71 or in=mation t is n case-specific ab\t ! visa program applicable to c]ta9 cases "u su* section1 are ?r\gh-- 7i7 ! email address or equival5t *annel describ$ 9 p>agraph 7#a72 7ii7 ! ,national ,cu/om] ,s]vice ,c5t]1 or any successor to su* ,c5t]2 or 7iii7 ! ,(fice ( ,public ,engagem5t1 ,immigrant ,inve/or ,program ,(fice1 includ+ ! ,/akehold] ,engagem5t ,bran*1 or any successors to ^? ,(fices or t ,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 clauses 7i7 ?r\gh 7iii7 ( 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 ( ,u4,s4 ,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 ( ,u4,s4 ,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 on :i* ! 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$om ( ,in=mation ,act74 7#c7 ,publication ( in=mation ,n lat] ?an #cj days aft] a p]son or entity inquir+ ab\t a specific case or g5]ally ab\t ! immigrant visa program describ$ 9 section #bjc7;b77#e7 ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aaec7;b77#e77 receives1 z a result ( a communication ) an (ficial ( ! ,dep>tm5t ( ,homel& ,security1 g5]ally applicable in=mation t is n case-specific ab\t program requirem5ts or adm9i/ration t has n be5 made publicly available by ! ,dep>tm5t1 ! ,director ( ,u4,s4 ,citiz5%ip & ,immigration ,s]vices %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 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$1 writt5 reprim&1 susp5sion1 demotion1 or removal4 7g7 ,rule ( con/ruction reg>d+ classifi$ in=mation ,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 ,rule ( con/ruction reg>d+ 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 7i7 ,effective date ,?is section1 & ! am5dm5ts made by ?is section1 %all take effect on ! date ( ! enactm5t ( ?is ,act4