Vermont Senator Patrick Leahy is working to make the EB-5 visa program permanent.
The program has helped attract tens of millions of dollars to Vermont development projects, like the big expansion of Jay Peak. It offers foreigners green cards in exchange for investing a half million dollars in job-creating projects in poor and rural areas.
The program has been around since 1993. Leahy wants to make it permanent, and his amendment received bipartisan support in committee.
"We've talked about the investment in America to make the economy stronger. My amendment's going to just that. The EB-5 program has created many good paying jobs for American workers in the state of Vermont," said Leahy, D-Vermont.
"This clearly is a job-creating immigration amendment. It allows persons to come to America, if they're going to invest, and if they're going to create jobs," said Sen. Jeff Sessions, R-Alabama.
Leahy's amendment was added to the massive immigration reform bill now under consideration in the Senate Judiciary Committee.
Friday, December 6 2013 11:05 AM EST2013-12-06 16:05:53 GMT
Vermont police have charged a Vernon man for a car crash back in June that killed his passenger.Police say Edward Class, 20, crossed the center line on Route 142 in Vernon and collided with an oncomingMore >>
Vermont police have charged a Vernon man for a car crash back in June that killed his passenger.More >>
Friday, December 6 2013 10:21 AM EST2013-12-06 15:21:30 GMT
Dozens of Vermont nurses are headed to the Philippines to help victims of a deadly storm. Last month, a typhoon tore across the eastern Philippines, killing thousands and displacing hundreds of thousands. TheMore >>
Dozens of Vermont nurses are headed to the Philippines to help victims of a deadly storm.More >>
Friday, December 6 2013 10:12 AM EST2013-12-06 15:12:36 GMT
A plea deal may be in the works for the man who police say torched a Burlington bell tower. The College Street Congregational Church was badly damaged back in October by a fire investigators say was arson.More >>
A plea deal may be in the works for the man who police say torched a Burlington bell tower.More >>
Friday, December 6 2013 10:11 AM EST2013-12-06 15:11:41 GMT
A Vermont family is homeless after fire destroyed their Concord home. Officials say the fire broke out Thursday afternoon on Ladd Road just before 4 p.m. By the time fire crews arrived on the scene theMore >>
A Vermont family is homeless after fire destroyed their Concord home.More >>
Friday, December 6 2013 10:06 AM EST2013-12-06 15:06:19 GMT
Police are looking for a Burlington man who may be behind a robbery back in November. Police say three armed men targeted the home on Summit Street the night of November 18 and took property out by force.More >>
Police are looking for a Burlington man who may be behind a robbery back in November.More >>
Friday, December 6 2013 10:03 AM EST2013-12-06 15:03:04 GMT
A welfare check turned into a dangerous situation in Brattleboro. Officers were called to Valley Street Thursday to check on a 39-year-old woman. While on the scene, police say the woman grabbed a largeMore >>
A welfare check turned into a dangerous situation in Brattleboro.More >>