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Senate Passed Extension of EB-5 Program

Posted: August 5th, 2012 | Author: | Filed under: National News | Tags: , , | No Comments »

08/03/2012: Senate Passed Three-Year Extension of Four Sunsetting Immigration Programs

  • Yesterday, the Senated passed S.3245 [S. 3245.ES} as amended by unanious consent. This bill proposes to extend by 3 years the authorization of (1) the EB-5 Regional Center Program, (2) the E-Verify Program, (3) the Special Immigrant Nonminister Religious Worker Program, and (4) the Conrad State 30 J-1 Visa Waiver Program for foregin medical graduates. Wonderful!
  • This bill initially proposed to make these programs “permanent,” but the amendment was passed just to extend for three years until September 30, 2012. This bill was introduced by Senator Leahy of Vermont and co-sponsored by Senator Chuck Grassley of Iowa, but the amended version was co-sponsored by three Senators, Sen. Grassley, Sen. Hatch, and Sen. Rand. This bill now moves to the House. The House is expect to pass it, but should the House fail to pass it, it will certainly be passed as part of stop-gap funding bill before October 1, 2012.

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Written by Chris Jaensch

Chris Jaensch

Attorney P. Christopher Jaensch received a Bachelor of Arts degree in History in 1992 and a Juris Doctor degree in 1995 from the University of Florida. While at UF, he was a member of Sigma Chi Fraternity, Phi Beta Kappa Society and Florida Blue Key, the oldest and most prestigious leadership honorary in the state of Florida.

Mr. Jaensch is a member of the Florida Bar, the American Immigration Lawyers Association (AILA) and the Sarasota Bar Association. He has served as President of the Sarasota-Manatee International Trade Club and served as Regional Vice Chair, Tampa Bay, for the Central Florida Chapter of AILA. He was a member of City of Sarasota Charter Review Committee and has been active in several local organizations, including the influential Laurel Park Neighborhood Association in downtown Sarasota.

Mr. Jaensch has over 18 years of experience in the field of immigration and nationality law and focuses his practice on four primary categories (a) investors and entrepreneurs, (b) business executives, managers and professionals, (c) amateur and professional athletes and coaches and (d) performing artists and immigrants with extraordinary ability.

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