Yet again, the House and Senate have passed and sent to the White House a continuing resolution that prevented a government shutdown and extended the EB-5 Regional Center Program until March 23, 2018. Invest in the USA (IIUSA), the national membership-based industry trade association for the EB-5 Regional Center Program, noted in a statement that the continuing resolution provides much-needed time to reach an agreement on a permanent EB-5 program fix:
We believe that this new deadline on March 23rd will be the first time since December of 2015 that EB-5 reform could realistically have a legislative vehicle for reform and a long-term reauthorization.» Read More
Guest Blogger: Stefanie R. McNamara, General Counsel at St. Peter’s University Hospital (formerly a Senior Associate with Norris McLaughlin & Marcus, P.A.)
After the initial reforms in the health care law go into effect later this year, the bulk of the reforms applicable to U.S. employers and insurance carriers will be effective in 2014. A few key provisions are detailed below:
As of January 1, 2014, individuals must obtain minimum essential health care coverage for themselves and their dependents.