Bill

EB-5 Regional Center Program gets Extended (again) without Any Changes

SEC. 204. 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) shall be applied by substituting “September 30, 2018” for “September 30, 2015”

This language refers back to Departments of Commerce, Justice, and State, the Judiciary, and Related Agencies Appropriations Act, 1993 (Public Law 102-395) Section 610 (PDF page 47), which established the regional center program. The 2018 Appropriations Act does not include the EB-5 Reform Act, or other EB-5 changes. It just extends the borrowed time until we get a good piece of EB-5 legislation.

EB-5 Regional Center Program Extension

USCIS administers the EB-5 program, created by Congress in 1990 to stimulate the U.S. economy through job creation and capital investment by foreign investors. Under a program initially enacted as a pilot in 1992, and regularly reauthorized since then, investors may also qualify for EB-5 classification by investing through regional centers designated by USCIS based on proposals for promoting economic growth. On February 9, 2018, the President signed Public Law 115-123; extending the Regional Center Program through March 23, 2018.

As H-1B applications get under way, foreigners face new challenges

Sen. Orrin Hatch, R-Utah, introduced a bill Thursday that would vastly increase the number of H-1B visas available and ease restrictions on the issuance of green cards to foreign workers.

The bill, also sponsored by Sen. Jeff Flake, R-Ariz., would bring relief to the Bay Area’s large community of immigrants working at startups and big tech companies, many of whom rely on the H-1B visa, as well as their employers, who have quietly lobbied for years for an expansion of the program.

Congress Votes to Reopen and Temporarily Fund Government

 

Stopgap Bill to End Government Shutdown Passes Congress (January 22, 2018) and signed by Trump

Trump signed a short-term funding bill Congress passed on Monday, officially ending the three-day federal government shutdown.

The key vote came in the Senate, where most members supported a key procedural vote to let the funding bill proceed without a filibuster. The cloture vote easily cleared the 60-vote threshold with a final vote of 81 to 18. Two Republicans, Sens. Rand Paul and Mike Lee, voted against the measure, as did 16 Democrats.

The deal will keep the government funded until February 8, eight days earlier than the date in the House-passed funding bill that the Senate rejected on Friday.

The final bill passed in the Senate a few hours later with the same vote as the cloture measure. The delay between the cloture vote and the final vote was due to members working out language that will allow federal workers to receive back-pay for the days the government was closed, per reports.

The House then agreed to the deal, passing the measure shortly after the Senate by a vote of 266 to 150. 45 Democrats voted for the funding bill, while six Republicans crossed party lines to vote no.

Congress Passes Stopgap Bill to Avoid Government Shutdown Against a Friday Deadline**

**which includes the EB-5 Program extension to January 19, 2018

WASHINGTON — Congress gave final approval on Thursday to legislation to keep the government funded into January, averting a government shutdown this weekend but kicking fights over issues like immigration, surveillance and health care into the new year.

The stopgap spending bill extends government funding until Jan. 19 while also providing a short-term funding fix for the Children’s Health Insurance Program, or CHIP, whose financing lapsed at the end of September.

Republican Senators David Perdue, Tom Cotton to unveil skills-based immigration bill at White House Wednesday

President Trump will join Republican Sens. David Perdue of Georgia and Tom Cotton of Arkansas at the White House Wednesday to unveil legislation that proposes a skills-based immigration system and seeks an overall lower level of legal immigration, two sources have confirmed to the Washington Examiner.

Comprehensive Government Funding Bill Includes Language Extending EB-5 Program to September 30, 2017

The final paragraph of the TEXT OF THE HOUSE AMENDMENT TO SENATE AMENDMENT NUMBERED 1 TO H.R. 244, THE HONORING INVESTMENTS IN RECRUITING AND EMPLOYING AMERICAN VETERANS ACT OF 2017, Page 734 substitutes "September 30, 2015" with "September 30, 2017".    It remains possible that Congress could pass EB-5 legislation before September 30, 2017.  

Congress Passes Spending Bill To Avoid Shutdown, Again Punts On Health Care (and EB-5 Revision)

With the clock ticking, Congress on Friday (4/28/2017) managed to fulfill its basic function — keeping the federal government running.

The House and Senate approved a short-term measure that funds the government for another week. Lawmakers voted hours ahead of a midnight deadline to avoid a partial shutdown of federal agencies.

Friday's extension gives members of Congress more time — until midnight on May 5 — to try to reach a deal on a spending bill that will last through the rest of fiscal year 2017, which ends Sept. 30.

H-1B Visa Bill Introduced In US, Minimum Pay More Than Doubled

Washington: A legislation has been introduced in the US House of Representatives which among other things calls for more than doubling the minimum salary of H-1B visa holders to $130,000, making it difficult for firms to use the programme to replace American employees with foreign workers, including from India.

EB-5 Regional Center program to be Extended Through April 28, 2017

Yesterday, Congress introduced a bill for another continuing resolution that will extend federal government funding through April 28, 2017. Included in this stop-gap measure is a short-term reauthorization of the EB-5 Regional Center Program through April 28, 2017, avoiding a lapse to the Program which would otherwise sunset on December 9, 2016.