Senate has proposed “EB-5 Integrity Act of 2015.”

On December 15, 2015, Congress extended the current EB5 Regional Visa Program.  None of the expected changes were enacted. Two days after the extension of the program Senators, Flake, Cornyn and Schumer, introduced bill S.2415, known as the EB-5 Integrity Act of 2015. This bill aims towards a permanent reauthorization of the EB5 investor program and proffered changes in job requirements, business plan pre-approval, EB5 integrity fund, reporting, to name a few. More detailed information can be found here - https://www.congress.gov/bill/114th-congress/senate-bill/2415/text