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Congress·In Committee·about 2 months ago

EB-5 Investment Visa: New Advisory Committee

Also known as: EB–5 Regional Center Program Advisory Committee Authorization Act

Legislative Progress

✓ Filed
Review
House
Senate
President

Key Points

  • This bill creates a new group of experts to help oversee the EB-5 program, which allows foreign investors to apply for U.S. green cards if they invest money that creates at least 10 American jobs.
  • The group will include up to 35 members, including mayors, local economic officials, and business leaders from across the country, representing both big cities and rural areas.
  • These experts will look for ways to make the program faster, stop fraud, and ensure it is actually helping local economies grow through new construction and business projects.
  • The committee must meet at least four times a year and will release a public report every year so Americans can see how the program is working and what changes are being suggested.
  • Members of this board will not be paid for their time, and they are required to represent different parts of the country to make sure every region has a voice in how these investments are handled.

Milestones

2 milestones2 actions
Jan 9, 2026House

Referred to the House Committee on the Judiciary.

Jan 9, 2026

Introduced in House

Source Information

Document Type

Congressional Bill

Official Title

EB–5 Regional Center Program Advisory Committee Authorization Act

Bill NumberHR 6992
Congress119th Congress
ChamberHouse of Representatives
Latest ActionReferred to the House Committee on the Judiciary.

Sponsor

Cosponsors

(3)
D: 1R: 2

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