Back to Top skip to main content
Green and Spiegel - An Immigration Law Firm
Menu
Sep 14, 2016

Update: Goodlatte Bill Formally Introduced; Committee Markup Postponed

Matthew Galati

As an update to our earlier post, on Monday, September 12, Rep. Bob Goodlatte (R-Va) officially introduced H.R. 5992, "The American Job Creation and Investment Promotion Reform Act of 2016”. The Bill’s progress may be tracked online at Congress.gov.  

 

Per its web site postings earlier today, the House Judiciary Committee was to hold markup on the Goodlatte Bill tomorrow (Sept. 14) at 10:00 AM EDT. However, that scheduled markup ​has been ​cancelled and the Judiciary Committee will instead consider a different bill at that time. It is unclear if and when markup of H.R. 5992 will be rescheduled.

 

EB-5 legislation prior to the Regional Center Program’s looming September 30th sunset remains unclear as of today. Proponents of the Goodlatte Bill may attempt to incorporate its provisions as part of a continuing resolution intended to fund the U.S. government until after the November elections. A temporary extension of the program without changes (as was done twice in 2015) may also still be possible. We will continue to monitor and report on developments from Washington regarding the EB-5 Regional Center extension and any possible reforms.

 

Related Team

Related Blogs

Oct 28, 2018

Might This Be ‘Last Call’ for $500,000 EB-5?

Real talk: let me start this blog by admitting, “Yeah, I know you’ve heard this before.” The EB-5 industry has been saying it fo...

Aug 13, 2018

USCIS Changes Form I-829 Receipt Location

On August 13, USCIS announced that Form I-829 must now be filed at the Texas Lockbox (where Form I-526 is filed) as opposed to its historical desti...

Dec 04, 2017

This Week – and Month – Will Be Critical for the EB-5 Program

Funding for the federal government runs out at midnight on Saturday, Dec. 9. We have been here before: the EB-5 Regional Center Program’s ong...