To extend the duration of the immigrant investor regional center pilot program for 5 additional years, and for other purposes.

1. Adds SEC. 4. PILOT IMMIGRATION PROGRAM at the end of the bill

   Adds a section

   In S. 1685 · Reported to Senate

   (d) Additional Technical and Conforming Amendments.--Title IV of the Illegal Immigration Reform and Immigrant Responsibility Act of 1996 (8 U.S.C. 1324a note) is amended by striking "Attorney General" each place that term appears and inserting "Secretary of Homeland Security".

   Inserted: SEC. 4. PILOT IMMIGRATION PROGRAM.

   Inserted: (a) Processing Priority Under Pilot Immigration Program for Regional Centers to Promote Economic Growth.--Section 610 of the Departments of Commerce, Justice, and State, the Judiciary, and Related Agencies Appropriations Act, 1993 (8 U.S.C. 1153 note) is amended--

   Inserted: (1) by striking "Attorney General" each place such term appears and inserting "Secretary of Homeland Security"; and

   Inserted: (2) by adding at the end the following:

   Inserted: "(d) In processing petitions under section 204(a)(1)(H) of the Immigration and Nationality Act (8 U.S.C. 1154(a)(1)(H)) for classification under section 203(b)(5) of such Act (8 U.S.C. 1153(b)(5)), the Secretary of Homeland Security may give priority to petitions filed by aliens seeking admission under the pilot program described in this section. Notwithstanding section 203(e) of such Act (8 U.S.C. 1153(e)), immigrant visas made available under such section 203(b)(5) may be issued to such aliens in an order that takes into account any priority accorded under the preceding sentence.".

   Inserted: (b) Extension.--Section 610(b) of the Departments of Commerce, Justice, and State, the Judiciary, and Related Agencies Appropriations Act, 1993 (8 U.S.C. 1153 note) is amended by striking "10 years" and inserting "15 years".

   Inserted: SEC. 5. GAO STUDY.

   Inserted: (a) In General.--Not later than 1 year after the date of enactment of this Act, the General Accounting Office shall report to Congress on the immigrant investor program created under section 203(b)(5) of the Immigration and Nationality Act (8 U.S.C. 1153(b)(5)).

   Inserted: (b) Contents.--The report described in subsection (a) shall include information regarding--

   Inserted: (1) the number of immigrant investors that have received visas under the immigrant investor program in each year since the inception of the program;

   Inserted: (2) the country of origin of the immigrant investors;

   Inserted: (3) the localities where the immigrant investors are settling and whether those investors generally remain in the localities where they initially settle;

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   Inserted: (4) the number of immigrant investors that have sought to become citizens of the United States;

   Inserted: (5) the types of commercial enterprises that the immigrant investors have established; and

   Inserted: (6) the types and number of jobs created by the immigrant investors.

   Original wording

   At the end, add the following:

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As printed