News in the air that H1 B CAP will be increased this year and also work permit will be isssued to H4 B dependents. Is this true or to early to comment upon?
http://timesofindia.indiatimes.com/tech/careers/job-trends/H-1B-visas-may-double-Report/articleshow/19103684.cms
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[b]IMMIGRATION INNOVATION (I2) ACT OF 2013[/b]
ORRIN HATCH (R-UTAH), AMY KLOBUCHAR (D-MINN.), MARCO RUBIO (R-FLA.), CHRIS COONS (D-DEL.)
Employment-Based Nonimmigrant H-1B Visas
[b] Increase H-1B cap from 65,000 to 115,000[/b]
Establish a market-based H-1B escalator, so that the cap can adjust – up or down – to the demands of
the economy (includes a 300,000 ceiling on the ability of the escalator to move)
o If the cap is hit in the first 45 days when petitions may be filed, an additional 20,000 H-1B visas
will be made available immediately.
o If the cap is hit in the first 60 days when petitions may be filed, an additional 15,000 H-1B visas
will be made available immediately.
o If the cap is hit in the first 90 days when petitions may be filed, an additional 10,000 H-1B visas
will be made available immediately.
o If the cap is hit during the 185-day period ending on the 275th day on which petitions may be
filed, and additional 5,000 H-1B will be made available immediately.
Uncap the existing U.S. advanced degree exemption (currently limited to 20,000 per year)
[b]Authorize employment for dependent spouses of H-1B visa holders[/b]
Increase portability of high skilled foreign workers by:
o Removing impediments and costs of changing employers;
o Establishing a clear transition period for foreign workers as they change jobs; and,
o Restoring visa revalidation for E, H, L, O, and P nonimmigrant visa categories