Iowa Rep. Introduces Bill To End EB-5 Visa Program

Law360, New York (March 13, 2017, 3:52 PM EDT) -- U.S. Rep. Steve King, an Iowa Republican who has made immigration crackdowns one of his signature issues, has introduced a bill to scrap the embattled EB-5 investor program amid attempts to reform it and accusations he posted a racist tweet.

King introduced H.R.1502, “A bill to terminate the EB-5 program,” on Friday. It calls for repealing several provisions of the Immigration and Nationality Act to negate the program, which gives green cards to foreign residents who invest hefty sums in U.S. projects that create a certain...
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