S 831
EB–5 Reform and Integrity Act of 2021
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- Passed Senate
- Passed House
- To President
- Became Law
Bill overview
The EB-5 Reform and Integrity Act of 2021 reauthorizes the EB-5 Regional Center program through 2026, aiming to prevent fraud and promote foreign investment in the U.S. It introduces stricter oversight requirements for regional centers, including notification of changes, record-keeping, and approval of investment offerings. The bill also restricts involvement by individuals with fraud histories, non-U.S. nationals, and foreign government officials, while providing DHS with enforcement authority. It establishes an EB-5 Integrity Fund to support these efforts and includes provisions related to job creation and petition processing.
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Primary sponsor
Cosponsor
Patrick J. Leahy
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