Page:United States Statutes at Large Volume 114 Part 2.djvu/1009

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PUBLIC LAW 106-396—OCT. 30, 2000 114 STAT. 1647 (1) the terms "INTELSAT", "separated entity", and "successor entity" shall have the meaning given such terms in the ORBIT Act (Public Law 106-180; 114 Stat. 48); (2) the term "date of privatization" means the date on which all or substantially all of the then existing assets of INTELSAT are legally transferred to one or more stock corporations or other similar commercial entities; and (3) all other terms shall have the meaning given such terms in section 101(a) of the Immigration and Nationality Act (8 U.S.C. 1101(a)). TITLE IV—MISCELLANEOUS PROVISIONS SEC. 401. AME^fDMENT TO SECTION 214 OF THE IMMIGRATION AND NATIONALITY ACT. Section 214(c) of the Immigration and Nationality Act (8 U.S.C. 1184(c)) is amended by adding the following new paragraph: "(10) An amended H-IB petition shall not be required where the petitioning employer is involved in a corporate restructuring, including but not limited to a merger, acquisition, or consolidation, where a new corporate entity succeeds to the interests and obligations of the original petitioning employer and where the terms and conditions of employment remain the same but for the identity of the petitioner.". SEC. 402. THE IMMIGRANT INVESTOR PILOT PROGRAM. (a) EXTENSION OF PROGRAM.— Section 610(b) of the Departments of Commerce, Justice, and State, the Judiciary, and Related Agencies Appropriations Act, 1993 (8 U.S.C. 1153 note) is amended by striking "seven years" and inserting "ten years". (b) DETERMINATIONS OF JOB CREATION,— Section 610(c) of such Act is amended by inserting ", improved regional productivity, job creation, or increased domestic capital investment" after "increased exports". SEC. 403. PARTICIPATION OF BUSINESS AIRCRAFT IN THE VISA WAIVER PROGRAM. (a) ENTRY OF BUSINESS AIRCRAFT. — Section 217(a)(5) of the Immigration and Nationality Act (as redesignated by this Act) is 8 USC 1187. amended by striking all after "carrier" and inserting the following: ", including any carrier conducting operations under part 135 of title 14, Code of Federal Regulations, or a noncommercial aircraft that is owned or operated by a domestic corporation conducting operations under part 91 of title 14, Code of Federal Regulations which has entered into an agreement with the Attorney General pursuant to subsection (e). The Attorney General is authorized to require a carrier conducting operations under part 135 of title 14, Code of Federal Regulations, or a domestic corporation conducting operations under part 91 of that title, to give suitable and proper bond, in such reasonable amount and containing such conditions as the Attorney General may deem sufficient to ensure compliance with the indemnification requirements of this section, as a term of such an agreement.". (b) ROUND-TRIP TICKET.— Section 217(a)(8) of the Immigration and Nationality Act (as redesignated by this Act) is amended by