13 Sep House and Senate Approve EB-5 Program Extension, Disaster Relief and Debt Ceiling Increase
Posted at 16:21h
in EB-5 News
September 8, 2017
The House of Representatives (lower chamber of Congress) and the Senate (upper chamber of Congress) have approved new legislation which includes a three-month continuing resolution to fund the U.S. government until December 8, 2017. The continuing resolution also extends, without changes, four immigration programs until December 8, 2017: the EB-5 Regional Center program, the Religious Worker program, the Conrad 30 program for foreign doctors working in rural areas, and the E-Verify programs for verification of the immigration status of foreign workers. The new expiry date of the EB-5 Regional Center program is December 8, 2017.
The new legislation also addresses includes urgently needed $7.4 billion in funding for disaster relief and reconstruction for the areas of Texas impacted by Hurricane Harvey.
Finally, the new legislation includes an increase in the debt ceiling and funding for the continuing operations of the U.S. federal government.
The President is expected to sign the new legislation in the next few days.
Original Post: www.donosolaw.com