Nonpartisan civic infrastructure
AllCiv·Legis1
·

S. 189

BillFederalSenateIn Committee
StartUp Visa Act of 2013
About This Bill
Committee
Latest Action · January 30, 2013
Read twice and referred to the Committee on the Judiciary.
Congress
113th (2013–2015)
Introduced
January 30, 2013
Sponsor
Sen. Mark UdallD
Cosponsors (5)
4D 1R
View PDF ↗

Summary

Highlight any text to annotate
StartUp Visa Act of 2013 - Amends the Immigration and Nationality Act to establish an employment-based, conditional immigrant visa (StartUp visa) for a sponsored alien entrepreneur: (1) with required amounts of financial backing from a qualifying investor, government entity, or venture capitalist; and (2) whose commercial activities will generate required levels of employment, revenue, or capital investment. Directs the Secretary of Homeland Security (DHS) to terminate the status of a sponsored entrepreneur (and the alien spouse and children of such entrepreneur) if not later than three years after the date on which such permanent resident status was conferred: (1) the sponsoring venture capitalist or investor fails to meet investment requirements; or (2) the entrepreneur fails to meet job creation, capital investment, or revenue requirements.

Take Action

Your position
Add a comment
to comment on this bill.
Annotate the text
Highlight any passage on the Summary or Full Text tab to attach a note. Annotations appear on the Annotations tab.