H-1B visas would jump to a cap of 115,000 from the current cap of 65,000 under a high-skilled immigration bill that will soon be introduced in the Senate with bipartisan backing. If the cap is hit early in the year, a "market-based H-1B escalator" would allow even more visas with a cap of 300,000.
The bill's sponsors, Sens. Orrin Hatch (R-Utah), Marco Rubio (R-Fla.), Chris Coons (D-Del.), and Amy Klobuchar (D-Minn.), believe the measure is "very doable" and will help the U.S. economy.
The technology industry is likely to support the Immigration Innovation Act, as the bill is currently titled, as a way to help fill engineering, programming, and research jobs. The bill also would lift the current 20,000-per-year cap on H-1B visas for those with advanced degrees from U.S. universities, and permit dependent spouses of the visa holders to work in the United States.
From The Hill
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