The investor visa program, EB-5, is set to expire on September 30, unless Congress can temporarily extend it, or reform it to cut down the loopholes and eliminate the numerous cases of fraud that surface with the program.
A new Bi-Partisan Bill introduced by Senators Grassley and Durbin is pushing for H-1B, L-1 Visa Reforms.
U.S. Senators Chuck Grassley, Chairman of the Senate Judiciary Committee, and Dick Durbin, Assistant Democratic Leader, today are introducing bipartisan legislation that would reform the H-1B visa program, consistent with Congress’s original intent, by ensuring that qualified American workers are given the first opportunity at high-skilled job opportunities. The legislation makes reforms to increase enforcement, modify wage requirements and ensure protection for American workers as well as visa holders. Grassley and Durbin first introduced this legislation in 2007 and have been long-time proponents of H-1B reform.