Coalition Letter on EB-5 Amendment to Senate Immigration Bill
Issue Date: May 15, 2013
US S 0744 - Border Security, Economic Opportunity, and Immigration Modernization Act
NAR, in coalition with other industry groups, sent a letter to Senators Leahy (D-VT) and Grassley (R-IA), Chairman and Ranking Member of the Senate Judiciary Committee, respectively, concerning an amendment to the Senate immigration bill regarding the employment-based EB-5 program. It urges a technical amendment ensuring that EB-5 investment dollars are fairly apportioned among the nation's urban, suburban and rural areas, and to tether the program to its overriding purpose to create jobs.