EB-5 Reauthorization included in Continuing Resolution (CR) filed today by Senate Majority Leader

On September 22, 2016, Senate Majority Leader Mitch McConnell filed a Continuing Resolution (CR) that would extend federal funding, an the EB-5 Regional Center Program, through December 9, 2016. Neither Democrats in Congress nor the White House have agreed to the legisative text yet and negotiations are expected to continue into next week (on issues unrelated to EB-5) when there will be a cloture bote on the CR, which is now scheduled for September 27 at 2:15 EST.