U.S. Alert – EB-5 Bill Introduced in the House

On July 27, 2017, Rep. Mike Fitzpatrick (R-Pa.) introduced H.R. 3471, a bill to amend section 203(b)(5) of the INA to implement new reforms, and to reauthorize the EB-5 Regional Center Program, in order to promote and reform foreign capital investment and job creation in communities in the U.S., and for other purposes.[1] The bill was referred to the Committee on the Judiciary.

[1] https://www.congress.gov/bill/115th-congress/house-bill/3471/text