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S. 189

StartUp Visa Act of 2013

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.

Read twice and referred to the Committee on the Judiciary.

Sen. Udall, Mark [D-CO](D-CO)Sponsor
5 cosponsors4 D1 R
5cosponsors1committees3actions1related bills6subjects
  • Introduced in SenateJan 30, 2013
  1. IntroReferral

    Read twice and referred to the Committee on the Judiciary.

  2. IntroReferralB00100

    Sponsor introductory remarks on measure. (CR S405-406)

  3. IntroReferral10000

    Introduced in Senate