EB–5 Regional Center Program Advisory Committee Authorization Act

# EB-5 Regional Center Program Advisory Committee Authorization Act Summary This bill would authorize the creation of an advisory committee to oversee the EB-5 Regional Center Program, which is a federal immigration program that allows foreign investors to obtain U.S. permanent residency (green cards) by investing in American business projects that create jobs. The advisory committee would provide guidance and recommendations on how the program operates, helping to ensure it functions effectively and in the public interest. The bill primarily affects foreign investors seeking green cards through EB-5 investments, regional centers that administer these investments, businesses that receive EB-5 funding, and the federal agencies that manage the program (particularly U.S.

Citizenship and Immigration Services). Key provisions would establish the committee's structure, composition, and responsibilities for reviewing program policies and practices. **Current Status:** The bill is currently in committee, meaning it has been introduced but has not yet advanced to a floor vote in the House of Representatives. No action has been taken at this time.