Congress·In Committee·H.R. 6992
EB–5 Regional Center Program Advisory Committee Authorization Act
EB-5 Investment Visa: New Advisory Committee
Legislative Progress
House
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.
Impact Analysis
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Milestones
2 milestones2 actions
Jan 9, 2026
Referred to the House Committee on the Judiciary.
Jan 9, 2026
Introduced in House
The bill was officially filed and given a number. It now enters the legislative queue.
Votes
No votes have been recorded for this legislation yet.
News
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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.
Data Sources
Sponsor
Cosponsors
(3)D: 1R: 2
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