Is Your Organization a TARP or FRA Sec. 13 Fund Recipient for H-1B Filing Purpose?

  • 31 Mar

infoWhat is Federal Reserve Act Section 13 Funding, and, Is Your Organization Such a Recipient for H-1B Visa Petition Filing Purpose?

Last week, we posted an article regarding the announcement made by the USCIS regarding the implementation rules of the Employment American Workers Act (EAWA) as part of the economic stimulus plan that was signed into law by President Obama on Feb. 17, 2009. In that article, we talked about TARP Fund recipient employers as well as the employers who are recipients of Section 13 Funding under the Federal Reserve Act.

While the US government actually has a public listing of all TARP Fund recipients, there’s no public information on the listing of the FRA Sec. 13 Fund recipients, and we received quite a few inquiries on this FRA Sec. 13 funding topic. To help explain what Section 13 Fund under the Federal Reserve Act is and how it works as it may or may not apply to your organization, we are posting here for your ready reference the actual “Frequently Asked Questions” on Section 13 funding under the Federal Reserve Act by Federal Reserve developed in consultation with the USCIS.

If you have not read our previous postings on this topic, you can click here to read our Feb. 18, 2009 article titled: “US Employers Be Aware: H-1B Filing Seriously Affected by the New Stimulus Plans, for 2 Years!”

You can also click here to read our last week’s article titled: “New Law on H-1B Visa in Effect: Employ American Workers Act Implementation Details Announced …”

If you have any further questions about this posting or the FAQs provided here, please send your inquiries by email to: This email address is being protected from spambots. You need JavaScript enabled to view it. for an immediate response.

Thank you.

Yu, South & Associates, Where YOU Matter the Most.