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GA SR941
Resolution
Status
Passed
4/24/2014
Primary Sponsor
David Shafer
Click for details
AI Summary
- Urges Congress to create a new visa class to permit Korean citizens with specialty occupation skills to work in the United States, aimed at encouraging Korean investment and economic growth
- Notes an asymmetry in the U.S.-Korea Free Trade Agreement (effective March 15, 2012): unlimited highly skilled U.S. professionals may work in Korea, but Korean professionals face restrictive general visa categories to enter the U.S.
- Cites U.S. International Trade Commission estimates that reduced Korean tariffs and tariff-rate quotas will add $10–$12 billion to annual U.S. GDP and approximately $10 billion to annual merchandise exports to Korea
- Highlights that Korea is the 7th largest U.S. trading partner with $100 billion in annual bilateral trade, and Korean businesses operate 51 facilities in Georgia, supporting 50,000 jobs
- Directs the Secretary of the Senate to transmit the resolution to the Georgia Congressional Delegation
Legislative Description
Congress; urge to grow United States economy; increase the number of visas; permit Korean citizens possessing skills in a specialty occupation
Last Action
Effective Date
4/24/2014
Full Bill Text
No bill text available