NACo Adopts Resolution in Support of EB-5 at its Annual Conference and Exposition

07.22.14 | Archived

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On Friday July 11th at The National Association of Counties (NACo) annual meeting in New Orleans, Louisiana, the Community, Economic & Workforce Development Steering Committee unanimously approved a resolution supporting IIUSA and the permanent authorization of the EB-5 Regional Center Program. This resolution was officially recommended to the NACo leadership for full adoption. IIUSA Association Building Committee Chairman Bob Honts and IIUSA Advocacy/Research Coordinator Ashley Sanislo Casey were in attendance at a subcommittee and full committee hearings to answer any questions share information with county representatives. To see the full NACo Annual Meeting agenda, click here.

 

In March, IIUSA Executive Director Peter D. Joseph presented to the Community, Economic Development and Work Force Steering Committee which then unanimously approved an interim resolution supporting IIUSA’s EB-5 legislative initiatives which was adopted and approved on Monday, March 3, 2014 by the full NACo Board of Director. The July resolution is now an official 2014 National Association of Counties (NACo) Policy Resolution.

 

NACo’s resolution in support of EB-5 states, “The EB-5 Regional Center Program (the “Program”) authorization expires on September 30, 2015, NACo supports federal legislation to permanently authorize the EB-5 Regional Center Program and to maximize its capacity for economic impact and job creation.”

The National Association of Counties (NACo) is the only national organization that represents county governments in the United States. Founded in 1935, NACo represents over 3,500 Counties Nationwide and counts nearly 35,000 local elected officials among its membership.
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