USCIS Requests Public Comment on I-924 & I-924A Through Dec. 22nd

11.18.14 | Archived

On September 23rd, the U.S. Citizenship and Immigration Services (USCIS) issued a 60 day notice requesting public comment on Form I-924 and I-924A. The last day for comment will be next Saturday December 22nd. You can read the notice published by USCIS in the Federal Register in PDF or online.

SUMMARY: The Department of Homeland Security (DHS), U.S. Citizenship and Immigration Services (USCIS) invites the general public and other Federal agencies to comment upon this proposed revision of a currently approved collection of information. In accordance with the Paperwork Reduction Act (PRA) of 1995, the information collection notice is published in the Federal Register to obtain comments regarding the nature of the information collection, the categories of respondents, the estimated burden (i.e., the time, effort, and resources used by the respondents to respond), the estimated cost to the respondent, and the actual information collection instruments.

DATES: Comments are encouraged and will be accepted for 60 days until
December 22, 2014.

ADDRESSES: All submissions received must include the OMB Control Number 1615-0061 in the subject box, the agency name and Docket ID USCIS- 2007-0046. To avoid duplicate submissions, please use only one of the following methods to submit comments:
(1) Online. Submit comments via the Federal eRulemaking Portal Web site at www.regulations.gov under e-Docket ID number USCIS-2007-0046;
(2) Email. Submit comments to USCISFRComment@uscis.dhs.gov;
(3) Mail. Submit written comments to DHS, USCIS, Office of Policy and
Strategy, Chief, Regulatory Coordination Division, 20 Massachusetts Avenue NW., Washington, DC 20529-2140.

EB-5 Regional Centers: Reminder to File I-924A 
This is a quick reminder to all EB-5 Regional Centers that it is time to file Form I-924A, the annual reporting form used to demonstrate a Regional Center’s continued eligibility for the Regional Center designation.

This form must be filed for each fiscal year (October 1 through September 30) within 90 days after the end of the fiscal year (on or before December 29) of the calendar year in which the fiscal year ended. The failure to timely file a Form I-924A Supplement will result in the issuance of an intent to terminate the participation of the regional center, which may ultimately result in the termination of the approval and designation of the regional center.

As a note, 340 of the 369 Regional Centers approved as of September 30,2013 submitted timely I-924As for that fiscal year;  Of the remaining 29, some filed late and some were issued a Notice of Intent to Terminate (NOIT) and some ultimately were terminated for failing to file (it is not clear how many might have been forgiven for failure to file on time).

An additional 24 NOITs were issued and remain pending based on failure to fulfill job promotion obligations under 8 C.F.R. 204.6(m)(6), and the speakers acknowledged that a letter explaining steps taken to cultivate projects may carry sufficient weight to counterbalance a lack of projectsand related filings.

IIUSA Members can view the powerpoint presentation from the November 6th webinar “Year Four of Regional Center Annual Reporting on Form I-924A” byclicking here. The webinar featured IIUSA President K. David Andersson, IIUSA Vice President Robert C. Divine, and Klasko Law Partners Associate Daniel B. Lundy.

The webinar recording is also available for $99/members and $199/nonmembers here.
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