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EB-5 Insights Where Government Policies and Business Realities Converge

Tag Archives: Congress

Posted in Continuing Resolution (CR), President Trump's Administration

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… Continue Reading

Posted in Continuing Resolution (CR), EB-5 Program

Tonight, by a vote of 245-182, the House approved it’s version of the 5th Continuing Resolution (CR), funding government operations and extending government programs, such as EB-5, until March 23.  The bill now proceeds to the Senate for further consideration. As of this writing, it is expected that the Senate will continue overall budget negotiations… Continue Reading

Posted in DACA

A business coalition and many of its members continues to work for passage of a permanent bipartisan legislation solution for Dreamers living, working, and contributing to our economy.   https://www.coalitionfortheamericandream.us/. More than 100 CEOs of businesses from across the industry spectrum and across the United States are represented in this effort. The economics of DACA to the… Continue Reading

Posted in Continuing Resolution (CR), EB-5 Program

Late Thursday (Jan. 18), the U.S. House of Representatives approved a Continuing Resolution (or CR) to prevent a government shutdown and extend vital programs, such as EB-5, through Feb. 16, 2018. The House approved the measure mainly on party lines by a vote of 230-197. Six Democrats voted in favor of the CR with a majority of… Continue Reading

Posted in Continuing Resolution (CR), EB-5 Program

Last night, House Appropriations Chairman, Rodney Frelinghuysen (R-NJ), filed a Continuing Resolution to extend government funding and to provide extension of authorities for programs, such as EB-5, on the House Appropriations website.  The Continuing Resolution, or CR, would extend government operations and the EB-5 program through Feb. 16. The debate on the CR will be… Continue Reading

Posted in EB-5

As April 28, 2017, approaches we are seeing the release of edits to proposed draft bills from the last session of Congress. Just today, Senator Patrick Leahy (D-VT) and Senator Charles Grassley (R-IA) circulated a staff draft very similar to what was circulated in December 2016. We do expect to see other drafts being circulated from… Continue Reading

Posted in Awards & Recognitions, Immigration, Immigration Reform

Laura Reiff provided a briefing on Capitol Hill to new members and staff of the 115th Congress on Thursday, February 23, 2017. Laura discussed the impact on the business of immigration and the need for policy reforms. Please visit the National Immigration Forum for additional information.

Posted in EB-3, EB-5, EB-5 Program, Visa

On Jan. 24, 2017, Senators Grassley (R-IA) and Feinstein (D-CA), the Chair and Ranking Committee members of the Senate Judiciary Committee introduced bill S. 232 to terminate the EB-5 Visa Program and to reallocate the employment creation visas to the other employment-based visa classifications. The bill would eliminate both the direct and regional center program… Continue Reading

Posted in GT Alert

Much attention has been focused of late on the impact that the incoming president will have on President Obama’s executive orders and rulemaking relative to a great number of issues where the president determined that he could not work with the Republican Congress. President-elect Trump has repeatedly promised to ’roll back’ virtually all of the… Continue Reading

Posted in EB-5 Program

Representatives of the Trump transition team and key members of the House of Representatives leadership agreed that a Continuing Resolution through March 31, 2017, will continue to fund the U.S. government.  It is likely that this will be the vehicle for a short-term EB-5 program extension.  House Appropriations Chairman Hal Rogers stated Nov. 17: “The… Continue Reading

Posted in EB-5, Government Accountability Office (GAO), I-526

The Government Accountability Office (GAO) recently reviewed a sampling of unadjudicated I-526 petitions from the fourth quarter of fiscal year 2015 to obtain information on: 1) the ratio between investors who invested in Targeted Employment Areas (TEA) or non-TEA designated projects; 2) the geographic locations in which the projects were located; and 3) the capital stack… Continue Reading

Posted in EB-5 Program, Eb-5 Regional Center, Regional Center, State Department, USCIS, Visa, Visa Bulletin

On September 22, 2016, USCIS determined that for October 2016, Adjustment of Status applicants in family-based and employment-based categories will be able to utilize the Dates of Filing Visa Applications chart (otherwise known as Chart B) of the monthly State Department Visa Bulletin, with the exception of several employment-based categories.  USCIS instructed that those applying for… Continue Reading

Posted in EB-5 Program, Eb-5 Regional Center, Legislation, Regional Center

The most recent continuing resolution (CR) authorized the EB-5 Regional Center Program through Dec. 9, 2016.  The House and Senate passed the measure on Sept. 28, and the President signed the bill into law on Sept. 29 (H.R.5325; P.L. 114-223). On Oct. 3, 2016, at the request of an unknown Member or Members of Congress,… Continue Reading

Posted in Immigration, Immigration Law, Immigration Reform, Legislation

Immigration Policy is broken.  We all agree.  How should we fix it and why haven’t we been able to fix it over the last two decades?   There is a multifaceted answer to this question, but Congress has been unable to agree on how to deal with the policy changes.  We have had numerous attempts and… Continue Reading

Posted in Immigrant Visa, Immigration Reform, Legislation, Visa

On May 16, 2016, Representative Will Hurd (R-TX), along with Representatives Michael McCaul (R-TX), Candice Miller (R-MI), Peter King (R-NY), John Katko (R-NY), and Martha McSally (R-AZ), introduced H.R. 5253, the “Strong Visa Integrity Secures America Act.” The Homeland Security Committee will consider this bill on June 8, 2016. The bill’s purpose is to improve… Continue Reading

Posted in Speaking Engagement

The EB-5 community received welcome news from Capitol Hill Today.  Through a unanimous vote the Senate passed S. 3245 which provides for a three year extension of the EB-5 Regional Center Pilot Program.  The measure now moves to the House.  Although, the House is currently on recess and will only reconvene in September, indications from… Continue Reading