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Short Term Continuing Resolution Expected - Update on CR to Keep the Government Open and Extend EB-5 Beyond Dec. 8, 2017

Short Term Continuing Resolution Expected - Update on CR to Keep the Government Open and Extend EB-5 Beyond Dec. 8, 2017

A Continuing Resolution (CR) has been filed as of last Saturday, Dec. 3, 2017, to serve as a vehicle to extend government operations through Dec. 22, 2017, thus preventing a government shutdown. The CR may be voted on as early as Wednesday or Thursday of this week. There is also talk of doing another short-term continuing resolution into January of 2018, but that is the subject of ongoing negotiations. If signed, the new CR will extend the EB-5 program as-is until Dec. 22, 2017. We will provide an update as soon as the CR has passed and been signed.

Greenberg Traurig LLP - Laura Foote Reiff and Robert Y. Maples


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