Immigrant bill gets second chance


Sens. John Kerry (D., Mass.) and Richard Lugar (R., Ind.) have reintroduced the StartUp Visa Act, designed to create jobs by keeping immigrant entrepreneurs in the United States, The Wall Street Journal reported. The revised act stipulates that immigrant entrepreneurs could receive a visa if they raised $100,000 in private U.S. investment initially and during the next two years raised $500,000 and created five jobs,  the article said.  Foreign business owners who have generated $100,000 in U.S. sales also could qualify for a visa, the story said.

— Hallie Busta

Post updated at 5:15 p.m. March 15.