GovTrack’s Bill Summary
We don’t have a summary available yet.
H.R. stands for House of Representatives bill.
This bill was enacted after being signed by the President on June 8, 2012.
Last updated May 30, 2012.
|Referred to Committee|
|Reported by Committee|
|Signed by the President|
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The committee chair determines whether a bill will move past the committee stage.
No summaries available.
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H.R. 3992--112th Congress: To allow otherwise eligible Israeli nationals to receive E-2 nonimmigrant visas if similarly situated United .... (2012). In www.GovTrack.us. Retrieved March 9, 2014, from http://www.govtrack.us/congress/bills/112/hr3992
“H.R. 3992--112th Congress: To allow otherwise eligible Israeli nationals to receive E-2 nonimmigrant visas if similarly situated United ....” www.GovTrack.us. 2012. March 9, 2014 <http://www.govtrack.us/congress/bills/112/hr3992>
|title=H.R. 3992 (112th)
|accessdate=March 9, 2014
|author=112th Congress (2012)
|date=February 9, 2012
|quote=To allow otherwise eligible Israeli nationals to receive E-2 nonimmigrant visas if similarly situated United ...
We don’t have a summary available yet.
The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.
The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.
This summary can be found at http://www.gop.gov/bill/112/2/hr3992.
The E-2 visa allows nonimmigrant investors to enter the United States temporarily to oversee a business in which they have made a significant investment. Under the bill, if an Israeli national applied for the E-2 visa, the Department of State would charge a $390 fee to cover the cost of adjudicating the application and processing the visa. Israeli nationals are already eligible for a similar visa category—the E-1 visa for nonimmigrant traders.
H.R. 3992 would make Israeli nationals eligible to enter the U.S. temporarily under the E-2 visa program (nonimmigrant investors) if Israel provides reciprocal nonimmigrant treatment to U.S. nationals.
According to the Congressional Budget Office (CBO), enacting H.R. 3992 would affect direct spending; therefore, pay-as-you-go procedures apply. However, CBO estimates that the net effects would be insignificant for each year and over the 2012-2022 period. Enacting the bill would not affect revenues.
Based on information from the Department of State about the number of Israeli citizens who received E-1 visas and the ratio of E-2 to E-1 visas in countries comparable to Israel, CBO expects that under the bill the department would issue about 500 additional E-2 visas each year and collect about $200,000 in additional fees annually. The department is authorized to collect and spend such fees without further appropriation, so the net impact on federal spending would not be significant.
The House Democratic Caucus does not provide summaries of bills.
So, yes, we display the House Republican Conference’s summaries when available even if we do not have a Democratic summary available. That’s because we feel it is better to give you as much information as possible, even if we cannot provide every viewpoint.
We’ll be looking for a source of summaries from the other side in the meanwhile.
The bill contains the following citations to other parts of U.S. law:
The United States Code is the compilation of general and permanent laws enacted by Congress. Laws that are not permanent in nature, law that affect a single individual, family, or small group, regulations, case law, state law, and local law do not appear in the United States Code.