Friday, December 20, 2019
On December 19, Congress passed a FY2020 spending bill H.R. 1865, which funds the federal government and extends the EB-5 Regional Center Program through September 30, 2020. This bill has been sent to President Trump, which he is expected to sign.
This new extension provides a 9-month window for industry stakeholders and legislators to continue their work on achieving long-term reauthorization and complete program reform through legislation.