SEC. 7. ADMISSION FOR CERTAIN HIGHLY SKILLED HONG 
KONG RESIDENTS. 
(a) IN GENERAL.—Subject to subsection (c), the Sec-
retary of Homeland Security, or, notwithstanding any 
other provision of law, the Secretary of State in consulta-
tion with the Secretary of Homeland Security, may pro-
vide an alien described in subsection (b) with the status 
of a special immigrant under section 101(a)(27) of the Im-
migration and Nationality Act (8 U.S.C. 1101(a)(27)), if 
the alien— 
(1) or an agent acting on behalf of the alien, 
submits a petition for classification under section 
203(b)(4) of such Act (8 U.S.C. 1153(b)(4)); 
(2) is otherwise eligible to receive an immigrant 
visa; 
(3) is otherwise admissible to the United States 
for permanent residence (excluding the grounds for 
inadmissibility specified in section 212(a)(4) of such 
Act (8 U.S.C. 1182(a)(4)); and 
(4) cleared a background check and appropriate 
screening, as determined by the Secretary of Home-
land Security. 
(b) ALIENS DESCRIBED.— 
(1) PRINCIPAL ALIENS.—An alien is described 
in this subsection if the alien is a citizen of the PRC 
and was born in or has been a resident or perma-
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nent resident of Hong Kong for at least 10 years as 
of the date of enactment of this Act, and— 
(A) has received a graduate diploma from 
an accredited institution; 
(B) has completed undergraduate or grad-
uate education in the United States; or 
(C) is the sole or majority owner of a com-
pany with more than 50 direct employees or 
greater than $5 million in assets. 
(2) SPOUSES AND CHILDREN.—An alien is de-
scribed in this subsection if the alien is the spouse 
or child of a principal alien described in paragraph 
(1). 
(c) NUMERICAL LIMITATIONS.— 
(1) IN GENERAL.—The total number of prin-
cipal aliens who may be provided special immigrant 
status under this section may not exceed 50,000 per 
year for each of the 5 fiscal years beginning after 
the date of the enactment of this Act. The Secretary 
may, in consultation with the Secretary of State, 
prioritize holders of diplomas in STEM fields, in-
cluding the physical and life sciences, computer 
science, engineering, technology, math, and medi-
cine. 
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(2) EXCLUSION
FROM
NUMERICAL
LIMITA-
TIONS.—Aliens provided immigrant status under 
this section shall not be counted against any numer-
ical limitation under section 201, 202, 203, or 207 
of the Immigration and Nationality Act (8 U.S.C. 
1151, 1152, 1153, and 1157). 
(d) PROTECTION
OF ALIENS.—The Secretary of 
State, in consultation with the heads of other relevant 
Federal agencies, shall make a reasonable effort to provide 
an alien described in this section who is applying for a 
special immigrant visa with protection or the immediate 
removal from the PRC if possible, of such alien if the Sec-
retary determines after consultation that such alien is in 
imminent danger. 
(e) ELIGIBILITY
FOR ADMISSION UNDER OTHER 
CLASSIFICATION.—No alien shall be denied the oppor-
tunity to apply for admission under this section solely be-
cause such alien qualifies as an immediate relative or is 
eligible for any other immigrant classification. 
(f) TIMELINE FOR PROCESSING APPLICATIONS.— 
(1) IN GENERAL.—The Secretary of State and 
the Secretary of Homeland Security shall ensure 
that all steps under the control of the United States 
Government incidental to the approval of such appli-
cations, including required screenings and back-
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ground checks, are completed not later than 2 years 
after the date on which an eligible applicant submits 
an application under subsection (a). 
(2) EXCEPTION.—Notwithstanding paragraph 
(1), the relevant Federal agencies may take addi-
tional time to process applications described in para-
graph (1) if satisfaction of national security con-
cerns requires such additional time, provided that 
the Secretary of Homeland Security, or the designee 
of the Secretary, has determined that the applicant 
meets the requirements for status as a special immi-
grant under this section and has so notified the ap-
plicant. 
SEC. 8. ADJUSTMENT TO LAWFUL PERMANENT RESIDENT 
STATUS OF CERTAIN NATIONALS OF THE 
PRC. 
(a) IN GENERAL.—Subject to subsection (c)(1), 
whenever an alien described in subsection (b) applies for 
adjustment of status under section 245 of the Immigra-
tion and Nationality Act during the application period (as 
defined in subsection (e)) the following rules shall apply 
with respect to such adjustment: 
(1) The alien shall be deemed to have had a pe-
tition approved under section 204(a) of such Act for 
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classification under section 203(b)(3)(A)(i) of such 
Act. 
(2) The application shall be considered without 
regard to whether an immigrant visa number is im-
mediately available at the time the application is 
filed. 
(3) In determining the alien’s admissibility as 
an immigrant, and the alien’s eligibility for an immi-
grant visa— 
(A) paragraphs (5) and (7)(A) of section 
212(a) and section 212(e) of such Act shall not 
apply; and 
(B) the Attorney General may waive any 
other provision of section 212(a) (other than 
paragraph (2)(C) and subparagraph (A), (B), 
(C), or (E) of paragraph (3)) of such Act with 
respect to such adjustment for humanitarian 
purposes, for purposes of assuring family unity, 
or if otherwise in the public interest. 
(4) The numerical level of section 202(a)(2) of 
such Act shall not apply. 
(5) Section 245(c) of such Act shall not apply. 
(b) ALIENS COVERED.—For purposes of this section, 
an alien described in this subsection is an alien who— 
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