Sec. 80305. Rulemaking
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Not later than 180 days after the date of the enactment of this title, the Secretary, in consultation with the Secretary of State and the Secretary of Commerce, shall publish in the Federal Register, an interim final rule implementing the amendments made by this title. Notwithstanding section 553 of title 5, United States Code, the rule shall be effective, on an interim basis, immediately upon publication, but may be subject to change and revision after public notice and opportunity for comment. The Secretary shall finalize such rule not later than 1 year after the date of the enactment of this title. The rule described in subsection
(a)shall include— procedures for individuals and organizations to request designation as qualified investors (as such term is defined in section 218A(f) of the Immigration and Nationality Act, as added by this title); and streamlined filing procedures for petitions to classify an alien as an nonimmigrant under section 101(A)(15)(W)(i) of the Immigration and Nationality Act ( 8 U.S.C. 1101(a)(15)(W)(i) ), as added by this title, or as an immigrant under section 218B of such Act (as so added) based on a start-up entity that has received investment capital from one or more qualified investors that have been designated as such pursuant to the procedures described in paragraph (1).
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U.S. Code