Bill > HR2901

This bill reauthorizes the EB-5 Regional Center Program until September 30, 2026 in order to prevent fraud and promote foreign capital investment and job creation in American communities. The bill makes several reforms to the program, including requiring regional centers to provide more detailed information and certifications to demonstrate compliance with applicable laws, establishing an integrity fund to fund investigations and audits, and imposing penalties for non-compliance. The bill also makes changes to conditional permanent resident status for alien investors, including allowing certain petitioners to retain their priority date in certain circumstances. Additionally, the bill enhances pay for federal employees administering the program, allows concurrent filing of EB-5 petitions and applications for adjustment of status, and imposes transparency requirements on Department of Homeland Security employees to prevent preferential treatment.

Justice

https://www.congress.gov/bill/117th-congress/house-bill/2901/all-info