Pilot Program Reauthorization This Week?


On August 2, 2012 the U.S. Senate passed S. 3245 approving an extension of the EB-5 Pilot Program for another three years. The U.S. House of Representatives is now back in session, and its weekly legislative calendar shows that it will take up the extension of the Pilot Program this week. The House is widely expected to approve the extension, perhaps by unanimous vote. Once the House approves, the bill goes to the desk of the President, who is expected to sign without delay.

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