Congressional Spending Legislation Containing an Extension for the EB-5 Regional Center Program Passed in the House and Senate
Thursday, September 29, 2016

September 28, both the House and Senate have approved short-term federal spending legislation that contains an extension for the EB-5 Regional Center Program.  The legislation extends the EB-5 Regional Center Program through December 9, 2016, with no changes to program policy.

In December, following the federal elections, the Congress is expected to reconvene for a “lame duck” session.  At that time, Congress will once again consider the EB-5 program as the new expiration date for the program is December 9, 2016.  Congress has been considering a variety of reforms to the EB-5 program over the past year, and it is expected that lawmakers will continue to look at changes to the program with an eye toward enacting reforms in December.

 

NLR Logo

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up to receive our free e-Newsbulletins

 

Sign Up for e-NewsBulletins