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Friday, September 14, 2012

US House passes three year extension of EB-5 regional center program


On September 13, 2012, the U.S. House of Representatives passed S. 3245 (412-3) – which includes a three year re-authorization of the EB-5 Regional Center Program through September 2015.  Having passed by the Senate on August 2, the bill is now on its way to President Obama for signature – likely later this week.  Judiciary Committee Chair Lamar Smith (R-TX), Immigration Subcommittee Ranking Member Zoe Lofgren (D-CA), Representative Rick Larsen (D-WA), and Representative Peter Welch (D-VT) all spoke in favor of the EB-5 Regional Center Program re-authorization.

Check progress here - http://www.govtrack.us/congress/bills/112/s3245


 



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