Sec. 501. Termination of EB–5 program
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Effective on the date of the enactment of this Act, the following provisions are repealed: Section 203(b)(5) of the Immigration and Nationality Act ( 8 U.S.C. 1153(b)(5) ). Section 204(a)(1)(H) of the Immigration and Nationality Act ( 8 U.S.C. 1154(a)(1)(H) ). Section 216A of the Immigration and Nationality Act ( 8 U.S.C. 1186b ). Section 610 of the Departments of Commerce, Justice, and State, the Judiciary, and Related Agencies Appropriations Act, 1993 ( 8 U.S.C. 1153 note).
Beginning on the date of the enactment of this Act, the Secretary of Homeland Security— shall cease to accept petitions and applications under any authority repealed under subsection (a); and shall dismiss all pending petitions and applications described in paragraph (1).
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