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Another Clean extension of the EB-5 Regional Center program — Proposed Continuing Resolution Through April 28, 2017

The U.S. House of Representatives has filed Continuing Resolution (CR) legislation to keep the government open through April 28, 2017.

As with the CR in late September that extended the EB-5 Regional Center program and the other three immigration programs, this CR, when passed, will create a clean extension through April 28.  The legislation extends the EB-5 Regional Center Program for the duration of the time period with no changes to program policy.

We expect that the House will pass the CR later this week and that the Senate will follow thereafter.

There were some last minute attempts by industry leaders and the chairman and ranking judiciary committee members to come up with a comprehensive EB-5 reform package over the last week. However, in the end, it appears that there wasn’t enough time to get a fully vetted deal into the CR.

It will be important to work together to support EB-5 reform efforts over the next several months. We will be watching for the much anticipated USCIS proposed regulations to be published sometime in January. In addition, there will be a need to work with the incoming administration on legislative and regulatory reform.

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About this Author

Laura Foote Reiff, Greenberg Traurig, business immigration lawyer, foreign company legal counsel, immigrant compliance attorney, targeted employment law
Northern Virginia Co-Managing Shareholder; Co-Chair, Business Immigration & Compliance Practice; Co-Chair, Global Human Capital Solutions

Laura Foote Reiff focuses her practice on business immigration laws and regulations affecting U.S. and foreign companies, as well as related employment compliance and legislative issues.

Laura advises corporations on a variety of compliance-related issues, particularly related to Form I-9 alien employment verification matters. Laura has been involved in audits and internal investigations and has successfully minimized monetary exposure as well as civil and criminal liabilities on behalf of her clients. She develops immigration compliance...

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Robert Maples, Governmental Affairs, Greenberg Traurig, Law Firm
Director

Robert Y. Maples is experienced in the Washington, D.C. federal, state and public affairs arenas. He has also been an advocate for building pragmatic alliances to resolve major social issues and has pioneered strategies for addressing complex public affairs crises in collaborative versus confrontational contexts. He continues his advocacy of pragmatic alliances in furtherance of client/government collaborations among the Congress and federal agencies, and serves as state counsel on complex client public policy matters. He is experienced in complex problem solving in regulatory and legislative environments and his client interests have led to Food and Drug Administration (FDA) activities and cybersecurity representation.

Robert maintains a Washington presence for a consumer product manufacturer with matters before the FDA. He authors a daily FDA e-newsletter, FDA Tracker, and is active on FDA matters with daily posts and observations of FDA-related news with social media. Robert’s Twitter account, @FDA_Track, was recognized by the Regulatory Affairs Professionals Society for his FDA-related work on the "Using Twitter as a Regulatory Intelligence Tool: The 300 Accounts Worth Following" list.

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