“IMMIGRATION LAW CONNECTION”

– A blog on all things related to U.S. Immigration Law by Steven A. Culbreath, Esq.

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Regional Center Investment Programs Receive Reprieve… for now.

October 7th, 2008 · No Comments

Just last month, when due to ’sunset’, President Bush signed a Bill Extending EB-5 Regional Center Pilot Program and Basic Pilot E-verify Program, making the extensions of each program law of the land.

The FY2009 Continuing Resolution entitled the “Consolidated Security, Disaster Assistance, and Continuing Appropriations Act, 2009″ (H.R. 2638), was narrowly extended, giving a “stay of execution” to these two programs, which otherwise, would have expired come October 1.

The bill will extend funding for all government operations through March 6, 2009. The bill also includes an extension of the basic pilot/E-verify program (section 143) and an extension of the EB-5 regional center pilot program (section 144).

Both extensions would only last through the term of the continuing resolution.

Tags: Business / Employment · Entrepreneurs / Investors · I-9 Workforce compliance · Uncategorized

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