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Axne, Kelly Lead Bipartisan Legislation to Extend Biodiesel Tax Credit

Today, Rep. Cindy Axne (IA-03) and Rep. Mike Kelly (PA-16) introduced bipartisan legislation in the U.S. House of Representatives to extend the biodiesel tax credit for three years. The tax credit, which is set to expire at the end of 2022 after being revived in December 2019, supports a homegrown clean energy sector that employs thousands of Americans while lowering

Court May Invalidate 2019 EB-5 Regulations While Regional Center Legislative Expiration Looms | Baker Donelson

To embed, copy and paste the code into your website or blog: A magistrate judge in federal court in California seems likely soon to issue an order invalidating the 2019 EB-5 regulations despite current DHS Secretary Mayorkas recent ratification of same. The probable results: (1) immediate stagnation of EB-5 investments while the dust settles on court cases and pending legislative process, even though proceeding with existing plans to invest might be wise before June 30; and (2) a scramble by project developers to prepare offerings that could take advantage of a narrow window of opportunity to take in investors at the $500,000 level in a wider range of locations.

CMB Regional Centers Thoughts On The EB-5 Reform and Integrity Act of 2021

CMB Regional Centers Thoughts On The EB-5 Reform and Integrity Act of 2021 April 06, 2021 12:11 ET | Source: CMB Regional Centers CMB Regional Centers Rock Island, Illinois, UNITED STATES DALLAS, April 06, 2021 (GLOBE NEWSWIRE) Last week, Senators Grassley and Leahy introduced the EB-5 Reform and Integrity Act of 2021 (EB-5 Reform Act) to provide for a five-year extension of the EB-5 program and establish much needed integrity reforms. CMB Regional Centers, as the leading EB-5 regional center and long-term member of the EB-5 trade organization IIUSA, has consistently advocated for ethical reforms, investor protections, transparency, and accountability within the EB-5 industry. We fully support this bill as it is an important step toward stabilizing and strengthening the EB-5 program, which is a valuable tool for the U.S. economy.

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