H.R. 6992119th CongressIn committeeLatest action Jan 9, 2026Decoded by AI · checked against the record
Official title: EB–5 Regional Center Program Advisory Committee Authorization Act
Introduced:
Read the official bill on Congress.govThe plain-language version leads. The official text is always the reference.
HR 6992 creates a new advisory committee at USCIS to give guidance on the EB-5 visa investment program.
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This bill sets up an advisory committee inside U.S. Citizenship and Immigration Services to give guidance on the EB-5 Regional Center Program, which lets foreign investors get U.S. visas by investing in American businesses that create jobs. The committee would have up to 35 members, meet at least four times a year, report annually to homeland security leadership, and give quarterly updates to Congress. It would not be allowed to weigh in on individual visa cases.
Members would come from regional centers, city mayors, county and state economic development officials, and federal agencies. The people most directly affected are foreign investors seeking EB-5 visas, the regional centers that manage those investments, and communities where projects are located, including rural areas, high-unemployment areas, and cities of different sizes.
Creating this committee gives USCIS a formal channel for outside input on topics like application processing times, job creation, and investment rules. Without such a structure, those perspectives would have no organized way to reach agency leadership or Congress.
AI-drafted summary. Verify it against the official text before you act on it. Read the official bill on Congress.gov
Right now: a House committee is reviewing it. If the Senate changes it, it goes back to the House before reaching the President.
Latest action: — Referred to the House Committee on the Judiciary.