The EB-5 Regional Center Program was set to expire on Nov. 21, 2019. On Nov. 18, Congress introduced a Continuing Resolution (CR) to fund the government and extend vital programs
Continue Reading EB-5 Update – New Regulations to Take Effect and Regional Center Program to be Extended Through Dec. 20, 2019 

On Nov. 18, Congressional Appropriation leadership introduced a 26-page Continuing Resolution (CR) to fund government and extend vital programs such as EB-5 through Dec. 20, 2019. Leaders hope to use
Continue Reading House Introduces Continuing Resolution Funding Government, Including Vital programs Such as EB-5

Yesterday, House Majority Leader Steny Hoyer (D-MD) introduced a continuing resolution (CR) to fund government from end of the current fiscal year, Sept. 30, until Nov. 21, 2019. By a vote of 301-123, the House today passed H.R. 4378, the CR that will fund the government through Nov. 21.

To EB-5 advocates, this timing is significant in that this CR extends the program coterminous with implementation of the recent Obama-era regulations. This timing continues to provide the opportunity for stakeholders to advocate and negotiate needed legislated industry reforms and a programmatic “better way forward” from the Obama-era regulations.
Continue Reading House Passes Continuing Resolution to Fund Government, Including Vital Programs Such as EB-5

As a continuation of an earlier posting, the U.S. Senate initiated a process by voice vote opening the US Government through February 15, H.J. Res 28, and providing for
Continue Reading Congress Passes Continuing Resolution Opening Government and Vital Programs such as EB-5 and E-Verify

After extended debate, the U.S. Senate set-aside the House-passed Continuing Resolution (CR) and negotiated and passed a CR funding government and programs, including EB-5, until March 23, coupled with a sweeping 2-year budget agreement for FY 18 and FY 19.  The extended debate exceeded the previous CR time extension of midnight Feb. 8, which resulted in a lapse of Appropriations or government shut-down.

Continue Reading Continuing Resolution and Budget Agreement Funds Government and Vital Programs, like EB-5, until March 23rd