A couple committee members taking up the proposed China hub bill are unaware of a visa program designed to get Chinese investors involved.
Wrap: House Economic Development Chair Anne Zerr says on the same day she announced her committee would take up the China hub bill is unaware of any connection with a visa program.
|Description: "What, Why are you asking about visas?"|
The EB-5 visa program gives foreign investors entry into the U.S. for a six figure backing of the China hub program - the same visa program used by failed U.S.-China business venture Mamtek, according to a Columbia Tribune article.
The article reports Senate Appropriations Committe Chair Kurt Schaefer said news that EB-5 would be a part of China hub is a reason to slow down the bill in the article, but lawmakers like House Economic Developement Committe Member T.J. Berry are still unaware of it.
|Description: "I have not heard that and was not aware of that."|
Reporting from the Capitol, I'm Matt Evans.